“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.
Casinos & Gaming
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Construction appears to be getting closer as the county approves more plans for the Strip property.
Strip attractions are slowly returning to normal from the Formula One race with trees returning to the Bellagio and a promise that gondoliers will be back in front of The Venetian by early December.
According to the SEC filing, Dr. Miriam Adelson is buying a majority interest in the NBA team, which is owned by billionaire Mark Cuban.
Just hours after the Nov. 18 Grand Prix concluded, MGM said it would move swiftly to get the area in front of its properties back to normal before Christmas.
A rewards member had something to be thankful for after playing Lightning Link and winning a big jackpot at a Strip casino.
The high-limit lounge renovations are part of a “property-wide transformation” the company announced earlier this year for the Henderson casino.
The Las Vegas Strip hotel-casino, first conceived in 2005 and completed nearly two decades later, is set to open its doors in less than a month.
Several resort operators are using incentive programs, including the chance to win luxury cars, to encourage their staff to work during the Las Vegas Grand Prix.
Las Vegas officials delayed a public hearing on the casino-resort project after staff members recommended that the Planning Commission reject the proposal.
The LVCVA board had to approve a land preparation project before the 10 acres could be sold to 65SLVB, a partnership paying $125 million for the Riviera site.
The new hotel project that will be placed in the Inspirada community of Henderson and is set to go before the city for approval again.
Investigators first received a report in May 2022 of possible cheating between baccarat players and dealers at a Summerlin casino.
An off-Strip property is refreshing its brand by going back to an old name.
The Strip hotel updated its guest rooms and meeting space, as well as moved its sky-high lobby to the ground floor, in phase one of a property renovation.
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