MGM Resorts International announced that its nearly $1.1 billion cash sale of The Mirage’s operations to Hard Rock International is complete
Casinos & Gaming
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The locals-focused casino chain has outlined plans to develop more projects and sell some properties.
Henderson City Council members approved a deal to sell a 3.76-acre plot to Station for $1.75 million.
City officials aim to redevelop the former Fiesta Henderson site into an indoor recreational sports complex.
The locals-focused casino chain aims to build a new resort that would feature an 80,000-square-foot casino floor, restaurants, a bowling alley, a movie theater and more.
City Council members are scheduled to consider plans to purchase the 35-acre former Fiesta Henderson property.
The locals-focused casino chain purchased nearly 67 acres in North Las Vegas after landing approvals for a 600-room hotel project.
The locals-focused casino chain sold 21 acres in the southwest Las Vegas Valley for nearly $24 million to an apartment developer.
Wynn, which owns Wynn Las Vegas and the Encore tower on the Strip, will continue to operate the Massachusetts resort under a lease with an initial annual rent of $100 million.
Vici Properties reached a deal to purchase financial giant Blackstone’s 49.9 percent stake in the properties, which are leased to casino giant MGM Resorts International.
The operator of a hotel-casino under construction at the south edge of the Strip is being bought by an industry giant.
Workers recently tore down a 1960s-era Travelodge on Las Vegas Boulevard as the Houston billionaire pushes ahead with plans for a towering upscale resort.
The Houston billionaire acquired 6.9 million shares in the Las Vegas-based casino operator, comprising a 6.1 percent ownership stake.
Las Vegas has a long history of blowing up buildings to clear space for new ones. And now, a pipeline of big demolitions is set to remake parts of the Strip and other pockets of Southern Nevada.
The permits were issued the same day the Clark County Commission approved Fertitta’s plans for a towering hotel-casino on Las Vegas Boulevard.