MGM Resorts International announced that its nearly $1.1 billion cash sale of The Mirage’s operations to Hard Rock International is complete
Casinos & Gaming
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The locals-focused casino chain has outlined plans to develop more projects and sell some properties.
Henderson City Council members approved a deal to sell a 3.76-acre plot to Station for $1.75 million.
City officials aim to redevelop the former Fiesta Henderson site into an indoor recreational sports complex.
The locals-focused casino chain aims to build a new resort that would feature an 80,000-square-foot casino floor, restaurants, a bowling alley, a movie theater and more.
City Council members are scheduled to consider plans to purchase the 35-acre former Fiesta Henderson property.
The locals-focused casino chain purchased nearly 67 acres in North Las Vegas after landing approvals for a 600-room hotel project.
The locals-focused casino chain sold 21 acres in the southwest Las Vegas Valley for nearly $24 million to an apartment developer.
Wynn, which owns Wynn Las Vegas and the Encore tower on the Strip, will continue to operate the Massachusetts resort under a lease with an initial annual rent of $100 million.
Vici Properties reached a deal to purchase financial giant Blackstone’s 49.9 percent stake in the properties, which are leased to casino giant MGM Resorts International.
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