A float in the Tournament of Roses parade promote the Palazzo, the newest casino on the Las Vegas Strip which had their soft opening on New Year's Day. While the casino and lobby areas are open, the Palazzo's 3,068 hotel rooms are still unavailable. The official opening will not be until January 17.

The Palazzo, which is being built to adjoin The Venetian, is the Strip's first new hotel-casino since the April 2005 opening of Wynn Las Vegas. The opening is expected to trigger a wave of new Strip resorts through the end of the decade as Las Vegas prepares for another "casino boom" with several major projects in the works.