Tim Leiweke’s Oak View Group and James Frasure Jr.’s LVXP have serious plans in place for resorts with NBA-ready arenas on both ends of the valley.
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“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.
Randy Morton, the former co-CEO of Foley Entertainment Group and longtime Bellagio executive, joins former Raiders President Marc Badain at new south Strip project.
The annual NCAA college basketball “March Madness” tournament won’t have any games in Las Vegas, but that doesn’t stop thousands from coming to watch and bet on games.