Norm Clarke reports that Imperial Palace will be replacing Tequila Joe’s with a new bar from Jeff Beacher, the star of Beacher’s Madhouse at the Hard Rock Hotel and Casino. Beacher’s Rockhouse will open in approximately three months.

The Hard Rock issued a rather brief statement yesterday that the property may be changing hands. No details on who the potential buyer is.

The Las Vegas Review Journal carries an article today about the decreasing number of low-priced rooms on the Las Vegas Strip. Our friends at Vegas Tripping featured a thorough analysis of this problem weeks ago.

Harrah’s was the scene of a tense stand-off this morning, and it wasn’t the result of customers upset over the Caesars Connection Card transition to the Total Reward Card. Read about the drama on KLAS-TV’s site or the AP story via the Las Vegas Review Journal.

The Las Vegas Advisor is reporting that Bourbon Street is being imploded tonight at 2 a.m. Not much advance notice from owner Harrahs, but I’m sure we’ll all be seeing video on the news and all over the Web tomorrow.

Update: The Bourbon Street implosion blurb has disappeared from the LVA site, so maybe it’s not happening tonight after all.