VICI Properties, the owner of Caesars Entertainment Corp. casinos and golf courses, plans an initial public offering of its stock to help pay down more than $4 billion of debt and finance future acquisitions.
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Wynn Resorts’ announcement that it is buying the Alon project site could raise hopes that a revival of the north Strip is in the cards. But analysts say it may be years before construction crews show up at Wynn’s new site.
In a major step forward for the struggling north Strip, Wynn Resorts has announced it reached an agreement to buy the empty lot on Las Vegas Boulevard where the New Frontier once stood.
The Auto Collections, a vintage-car dealer at The Linq Hotel on the Strip, is shutting its doors.
While analysts who cover MGM Resorts International are reluctant to talk about the company’s financial prospects two months after the 1 October massacre, they’re collectively saying MGM stock would be a good addition to a portfolio.
It was by no means quiet in Mandalay Bay the night of Dec. 1, a Friday. But at certain points that evening, the crowds and energy levels seemed higher in two other MGM Resorts International-owned casinos.
Around dusk on a late November weekday, hundreds of men and women walked through the Mandalay Bay, past empty restaurants just off the casino floor and toward the huge convention center.
Like a sharp poker player, Las Vegas casinos keep their cards close to their vest when it comes to security.
Las Vegas may be the most surveilled city on Earth, but chances are no one is actually watching you on the other end of the video camera.
The Luxor, Las Vegas’ pyramid-shaped casino, opened to tens of thousands of people in 1993. But now, there’s a curious site right across the street: a “coming soon” billboard for the resort.
Caesars Entertainment Corp. is selling the real estate under Harrah’s Las Vegas to finance its acquisition of two horse racing and gaming properties in the Midwest.
Just days after the Oct. 1 Strip massacre, a Nevada Supreme Court panel issued a decision that could sharpen questions about the adequacy of security at Mandalay Bay and increase its liability.
Boyd Gaming is informing guests at all its properties that hotel personnel will enter a room if a “Do Not Disturb” sign is left on a door for more than 48 hours.
Should lawsuits filed against MGM Resorts International over the Oct. 1 Strip shooting result in judgments against the company, executives believe their insurance will cover any losses.
The Culinary union said it will look into whether Mandalay Bay followed proper procedures when it cut employees’ work hours, effective immediately, in response to the Oct. 1 Las Vegas shooting.