A Caesars Rewards member scored while playing pai gow on the Strip.
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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.
Memorial Day weekend will look more like a pre-pandemic unofficial start to summer, experts said, as millions of Americans prepare to travel.
After the closing of a $1.625 billion deal Tuesday, MGM Resorts International is now the official owner of the 3,033-room Strip property.
The property owners are seeking $7 million an acre, or $182 million total, for the spread near Mandalay Bay.
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.
Over the past year or so, Las Vegas has seen a rising tally of sales and construction plans involving vacant land, retail properties and hotels on or near its famed casino corridor.
Vici CEO Ed Pitoniak says the company has become “the leading real estate owner” on what “we believe is the most economically productive street in the world, the Las Vegas Strip.”