When You're Hot, You're Hot

As Donald Trump fights to save his Atlantic City casino empire, he might cast an envious eye at booming Las Vegas. The desert Mecca of hype and high rollers is on a winning streak. Las Vegas casino revenues surged nearly 12% last year, to $3.2 billion, at a time when the take at Atlantic City grew just 2.6%, to $2.8 billion. The hot hand encouraged Las Vegas hoteliers to add 10,000 new rooms in the past year alone, a 16% increase. Last week more than 50,000 gamblers and gawkers flocked to the opening of the world's largest hostelry: the 4,000-room Excalibur,...