Vici Properties, the biggest property owner on the Strip, generated $2.6 billion of revenue last year, up 72 percent from 2021.
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Blackstone announced Friday that it closed its acquisition of billionaire James Packer’s Crown Resorts Ltd., saying this marked its largest transaction to date in the Asia-Pacific region.
UNLV’s Center for Business and Economic Research predicts that visitor volume in Southern Nevada will climb 57 percent this year and 13.2 percent next year, following its 55.2 percent drop in 2020.
The north Strip megaresort will feature 3,500 rooms, more than 40 food and beverage spots, 250,000 square feet of meeting space, and 117,000 square feet of casino space.
After mulling a delayed opening, the owners of Virgin Hotels Las Vegas plan to open for business in 2021.
The area where the worker had been assigned, and the surrounding vicinity, has been “shut down and is being sanitized immediately” and will remain closed until April 1.
Developer Steve Witkoff, who bought the partially built Fontainebleau in 2017, expects to close on a roughly $2 billion construction loan for the Drew Las Vegas.
It marks a rare real estate deal for the sleepy southern edge of the Strip and carries an unusual backstory, as the late owner — without his estranged wife’s knowledge — allegedly transferred the motel’s ownership to a trust he had formed with his mistress, according to court documents.
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