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.
Tropicana owner Bally’s Corp. filed for a commercial demolition permit with Clark County as preparations continue to build a ballpark for the Oakland Athletics.
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.
Bally’s Corp. chairman Soo Kim provided some preliminary plans on the upcoming demolition of the historic property.
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.
The nearly 60-year-old resort on the Las Vegas Strip is scheduled to be demolished to make room for a new Athletics ballpark.
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.
Hotel room rates on the Strip are some of the lowest they’ve been for last-minute travelers to the Formula One Las Vegas Grand Prix.
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.
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.
An NFL running back found a way to outearn the Pro Bowlers this weekend in Las Vegas.
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.