|Mayor Oscar Goodman has unveiled plans to sell the use of the Las Vegas name and city seal to an online gaming company. Goodman revealed that during the last two weeks he has been involved in talks with an offshore site interested in using the city’s name and seal, and the reputation that goes with it, to attract players to their online casino.|
Although Goodman declined to name the site he was keen to praise their credentials saying “this isn’t some backwards telemarketing firm. I’m talking a first class, publicly traded corporation that is interested in taking part of the Las Vegas name.”
A similar plan was launched last October, when the Australian company Vegasone.com offered to pay the city for the use of both its name and seal. The proposition failed after Goodman, one of the most adamant supporters of the project, abstained from the vote due to a possible conflict of interest regarding his law firm.
If the sale had gone through the city would have taken 25 percent of the profits from the Australian site, providing a much needed boost to the slumping economy, suffering from high energy costs.
Goodman also has plans to build a sports stadium and sell the naming rights to the highest bidder, saying that the city needs to explore new areas to raise funds.
“We have to be creative, we have to be fearless, and we have to think outside the box,” said Goodman. “I would never allow the city’s name to be harmed in any way. If we can use our status in the world to make money for our citizens, I think it should be explored.”