Las Vegas to build 'bigger' 'American' version of iconic London Eye
Las Vegas, Aug 22(ANI): Las Vegas is set to get a bigger American version of London's popular tourist attraction, the London Eye by 2013.
Caesars Entertainment plans to lay the tourist attraction's foundation behind the company's Imperial Palace and Flamingo hotels next month.
A 550 foot tall Ferris wheel, which is one of the biggest development projects financed since 2009, could boost Las Vegas' potential as the tourist destination.
The announcement comes as Las Vegas shows signs of recovering from a recession.
Las Vegas Convention and Visitors Authority CEO Rossi Ralenkotter said tourists in the city have been increasing over the past 16 months.
The giant Ferris wheel will be a part of an entertainment district area, the Linq, which will include shops, restaurants, bars and nightclubs.
The Wheel's 32 cabins will have a passenger capacity of 40, allowing people to celebrate birthdays, bachelorette parties or even weddings during the 30-minute ride.
The goal of the project is to create a lively pedestrian district that attracts younger generations, Caesars Entertainment Development Director Mike Salzman said.
According to the University of Nevada's Center for Gaming Research Director David Schwartz, the Caesars project represents the company's confidence that Las Vegas will continue to grow as an entertainment destination.
"It's not confidence that there's going to be expansion in the room market; otherwise, they'd be adding rooms. It's confidence that people are going to continue coming to Vegas", ABC News quoted Schwartz, as saying.(ANI)
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