A number of casino operators changed up their real estate portfolio this year with sales, acquisitions and leasebacks.
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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 permits were issued the same day the Clark County Commission approved Fertitta’s plans for a towering hotel-casino on Las Vegas Boulevard.
With millions of Instagram posts of Las Vegas casinos, including the most posted Bellagio fountains, the city’s resorts are getting a boost with little financial outlay.
In its early days, Circus Circus was positioned as a place for families despite having a peep show, other random nudity and a show called “Hot Pants Sexplosion.”
Maverick, 19, was a resident of the Secret Garden and Dolphin Habitat. His health had declined over the last several weeks, according to a statement from Mirage Interim President Franz Kallao.
Once described as a “financial disappointment” before a rebrand, Miracle Mile Shops celebrates 22nd anniversary.
New York-New York has begun a remodeling of 1,830 hotel rooms and 155 suites that designers say will give guests the feel of a New York loft apartment.
Former All-Pro offensive lineman Jonathan Ogden placed the first wager at the refreshed Harrah’s sportsbook, which features new TVs, chairs and bar space.
As some U.S. travelers adjust vacation plans amid high fuel costs and inflation, Las Vegas may benefit from pent-up demand and the destination’s value proposition, experts say.
Lily Funds founder Tom McManus sold 2 acres to a buyer who “requested to remain anonymous.”
While visitation inches closer to prepandemic levels, resorts capitalized on big special events in April and had the highest room rates in the city’s history.
Multibillion-dollar property sales can be structured to allow buyers and sellers to avoid paying the transfer taxes that support schools and other programs in Nevada.
Complex transactions without transfer taxes frequently cite an exemption allowed under state law for entities that transfer property to a subsidiary.
With its multibillion-dollar sale in the works, The Cosmopolitan of Las Vegas gave employees a welcome surprise Wednesday: a $5,000 bonus each.
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