Las Vegas has always been a place for gamblers. However, it is now slowly becoming known as the motorcycle mecca of the world for its highly successful annual Motorcycle Auctions…
Around 1,000 bikes were featured in this year’s Motorcycle Auction. Bonhams and Mecum – two of the biggest auction companies in the world – have kicked off the event, bringing in about 750 bikes for the 3-day extravaganza. It was a very lively event; with cattle-callers assisting guests at Mecum’s show, while spotters tirelessly ran to and fro to assist bidders at the event.
Mecum’s array of bikes was quite impressive, filling the hall with impressive Honda RC30s and an originally-painted ’29 Cleveland Tornado 4-cylinder. Bonhams, on the other hand, had cheaper bikes on display and catered well to those who are looking for a big discount for bulk purchases. In the event, several ‘60s Triumphs, Harley Panheads, and ‘40s Indian Chiefs were sold at very low prices.
In 2013, one of the most successful Las Vegas Motorcycle Auctions took place at the South Point Casino. In it, a special antique Motorcycle Auction took place. The 3-day event featured about 600 classic bikes from prominent makers, including hard-to-find vehicle lines that were produced by Matchless Motorcycles and Harley Davidson.
Las Vegas used to be at the top of the entertainment industry but in recent years, its gaming revenues have started to decline. The reason for this is because online gaming providers offered easier access to games, effectively taking a huge chunk of revenues from Las Vegas establishments. Gaming Realms, operator of a slew of commercially-licensed slot machines, said that the popularization of online gaming has come from the increased adoption of smartphones by consumers, which explains why Las Vegas is struggling to perform financially as well as it used to. According to Bloomberg, Macau has officially taken over Las Vegas in gaming revenue since 2007, leaving Sin City no choice but to expand its entertainment services to people wanting more than just gaming. Las Vegas artist residencies, theme parks, and annual auctions such as the Las Vegas Motorcycle Auction are among the few tactics thought about by Las Vegas in order to drive traffic back into the city – offerings that their online counterparts will never be able to offer.