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Las Vegas Real Estate Blog

Your Las Vegas real estate information source. The latest news, new construction, scandals, additions to the strip and other Las Vegas and related information.

Saturday, January 26, 2008

Monte Carlo Fire

Yesterday I had put up a post about the fire on the strip. At the time, details were a bit sketchy, but at around 11 am, a fire broke out on the roof of the Monte Carlo casino (3770 Las Vegas Blvd. S). The fire spread from the roof to a couple of floors down. The hotel was evacuated and guests are being given alternate accommodations at other MGM properties. Guests not situated or had reservations at the Monte Carlo are urged to call 888-395-0776.

According to the firefighters on the scene, it was a three alarm blaze that was extinguished around 12:15 or so. 120 firefighters from Henderson, Las Vegas and Clark County responded to the exterior fire. No one was seriously injured.

Kudos to MGM for announcing that that all Monte Carlo employees will be paid, plus receive health, welfare benefits and tip replacement. Employees can call 702-693-7005 for more information. There is no official word yet on the cause of the fire.

The strip and and surrounding streets have been re-opened as well. Construction continues on neighboring CityCenter.

Compared to past fires on the strip, the property damage was minor. Still, the Monte Carlo is looking at millions in lost revenue, repairs and wage compensation. I doubt the blaze will make anyone cancel their trip to Las Vegas, but it certainly doesn't help your property to be all over the news because of a fire, especially when its a high rise. I'll post more information as it becomes available.

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