In a report to investors, CBRE Equity Research analyst Colin Mansfield said Tropicana land could be sold to finance the company’s Chicago casino project.
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The transition of The Mirage to Hard Rock Las Vegas will generate nostalgic memories, but it’s part of the Las Vegas way of constantly evolving to what’s next.
In advance of March’s basketball tournaments, Circa Sports plans to open its seventh Nevada sportsbook.
Hotel rooms will be full — and cost more than ever. Those not going to the game will spend for home parties. The Super Bowl is shaping up to be bigger than predicted.
When the Adelson and Dumont families acquired a controlling interest of the Dallas Mavericks, the transaction also included an important piece of land.
The stock sale provides the funds necessary for Dr. Miriam Adelson to acquire a majority stake of the NBA’s Dallas Mavericks.
“The families are targeting a closing of the transaction by year-end, subject to the satisfaction of customary closing conditions and approval of the NBA Board of Governors,” said a statement released by the Adelson and Dumont families.
According to the SEC filing, Dr. Miriam Adelson is buying a majority interest in the NBA team, which is owned by billionaire Mark Cuban.
Bally’s Corp., which operates the Tropicana, sees short-term pain, but long-term gain with its stadium project with the relocated Oakland A’s baseball team.
The company that operates the Tropicana hotel-casino is working on two other big projects and waiting for a Major League Baseball relocation vote.