Las Vegas Sun. Robinson works for TLC Casino Enterprises Inc., which also owns the adjacent Four Queens Resort & Casino, which has nearly 700 hotel rooms.

The casino and sports book and poker room on the ground floor will remain open as will the steakhouse on the 24th floor and other casual dining outlets, she tells GlobeSt.com, but a basement coffee shop also will close and a small keno operation also will be discontinued. The closures are being timed to a seasonal lull following the Nationals Finals Rodeo, which concludes Dec. 12.

With the average daily room rate plummeting and gaming revenue down significantly due to fewer tourists spending less money, Robinson tells GlobeSt.com that TLC had to look at its costs, identify the "biggest drains" and make some "unfortunate but necessary decisions in order to keep the remaining property operational."

"We plan to reopen the rooms, we just can speculate as to when," she says.

A recently released forecast by CB Richard Ellis predicts that revenue from Las Vegas Strip resorts will increase in 2010 thanks to CityCenter and new towers at the Hard Rock and Planet Hollywood resorts, but that existing properties will see a corresponding decline and "will continue to face most of the challenges in 2010 they faced in 2008 and 2009."

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