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Meet The New Owners of Vegas.com

By Chuckmonster on Wednesday, 19th August 2015 1:26pm
  » filed under Mergers & Acquisitions  comments: 4

   

Greenspun Corporation (publishers of the Las Vegas Sun, Vegas Inc. and other glossy magazines) have sold Vegas.com, their online ticketing and hotel reservation system to Remark Media. Terms of the deal were not disclosed.

Remark Media (listed on NASDAQ:MARK) is a conglomeration of global websites targeting snake people with mobile first interface design and things like that and stuff. I've never heard of any of the website they own, which makes sense since I am not in the 18-35 demographic of snake people.

Poking around their corporate website, I noticed that three most recent additions to their Board of Directors are heavy heavy heavily embedded in the Las Vegas casino industry. Like any more embedded their names would be Murren, Wynn or Adelson

Director Robert Goldstein is President and COO of Las Vegas Sands Corp., owners of the Venetian/Palazzo. Director William Grounds is Director and President of Infinity World (half-owners of Aria/Crystals/Vdara/Mandarin Oriental) and sits on the Board of Directors at MGM Resorts International. Director Jason Strauss is founding partner of Tao Group, operators of Tao, Marquee and other dining and nightlife venues in Las Vegas.

Just something to think about when reading those "Vegas Insider's Ten Best Places To Test A Vegas Expert;s Top 5 Alliteration Do's And Don'ts On Fremont Street" posts on their blog.

Interesting timing for a deal. Just last year Vegas.com underwent a dramatic brand refresh, shit-canning their long-running "Do Vegas Right" campaign and light up arrow icon (above left) in favor of a generic gold V logo (above right). Greenspun Corp. probably thought the gold V logo appealed more to snake people as well. Just yesterday, Vegas.com launched a free mobile app for iPhone and Android.

I've never purchased anything through Vegas.com. When I was a Vegas noob, I'd use it to compare prices (they always lost). Kayak.com pretty much killed any reason for me to use Vegas.com.



Tagged: vegas.com    snake people   interweb   





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Comments & Discussion:

 nodeuces posted on Wednesday, 19th August 2015 - 1:57 pm

I wish I could say I'd never used them, but they once had a decent deal that when teamed with a $50 "like us on facebook" coupon that made it killer. Their new logo makes me soft and I am a snake people millennial.

 pkluvsvegas posted on Wednesday, 19th August 2015 - 3:58 pm

That new logo reminds me of Vendange Wines not of Las Vegas. No thank you.

 Hyperfocal posted on Wednesday, 19th August 2015 - 6:28 pm

Why would anyone want a logo with an arrow pointing downward? Bad mojo.

...and we all know outsiders are better sources of Vegas info.

 jinx73 posted on Thursday, 20th August 2015 - 11:30 am

They liked using them as a link consolidator, quick access to multiple casinos, especially if comparing spas or something a bit more off the beaten path. I didn't even know the red vegas.com arrow had been replaced, I sort of liked that one.



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