Two multibillion-dollar resorts — both with arenas that would be capable of hosting an NBA team — are in the works for Southern Nevada. Are both of them financially viable?
Casinos & Gaming
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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.
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 head of the Las Vegas Stadium Authority says financing for the MLB stadium won’t be impacted by Bally’s credit rating.
Formula One gave the casino operator a tremendous boost, but more records may fall with the big game at Allegiant Stadium and a strong convention calendar.
Preparations are in place for one of the city’s biggest convergences of sports and entertainment. Millions worldwide are expected to be paying attention
At the Vegas Chamber’s Preview Las Vegas event, economist Jeremy Aguero gave a breakdown on how much tourists spent during Las Vegas Grand Prix week.
Small businesses affected by Formula One traffic issues got a small victory with a bridge removal but may not see compensation for their financial losses.
The LVCVA board was asked to take down the temporary bridge on Flamingo Road and compensate small businesses hurt by Las Vegas Grand Prix road disruptions.
As expected, November’s Formula One Las Vegas Grand Prix boosted the average daily room rate visitors paid, especially on the Las Vegas Strip.
Gaming and tourism industry analyst says the UNLV tragedy shouldn’t impact visitation to Las Vegas.
“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.
During the company’s second-quarter earnings call, Gaming & Leisure Properties Inc. CEO Peter Carlino provided an update on the rapid development pace of proposed Oakland A’s stadium.