An executive explained why Bally’s is in no hurry to produce plans for a resort that would be attached to the Oakland Athletics’ stadium at the Tropicana site.
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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.
“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.
The company that operates the Tropicana hotel-casino is working on two other big projects and waiting for a Major League Baseball relocation vote.
“We’re not in favor of any tax dollars put into this,” said MGM Resorts International CEO Bill Hornbuckle during the company’s earnings call with investors.
Tickets will go on sale Wednesday for grandstand seating at The Mirage for November’s Formula One Las Vegas Grand Prix.
In Thursday’s earnings call with investors, Bally’s CEO Lee Fenton said the 35 acres at the Tropicana is still in the mix for a stadium for the Oakland A’s.
Randy Morton, the former co-CEO of Foley Entertainment Group and longtime Bellagio executive, joins former Raiders President Marc Badain at new south Strip project.
The annual NCAA college basketball “March Madness” tournament won’t have any games in Las Vegas, but that doesn’t stop thousands from coming to watch and bet on games.