Investors will spend at least $3.2 billion, add 4,758 hotel rooms and 581,000 square feet of meeting and convention space in projects set for completion next year.
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The Peppermill Restaurant and Fireside Lounge remains a remarkable assault on the senses — even by Las Vegas standards. Turns out, its history is nearly as colorful as its interiors.
A number of casino operators changed up their real estate portfolio this year with sales, acquisitions and leasebacks.
Vici Properties, which owns The Mirage’s real estate, entered a lease with Hard Rock International that calls for initial annual rent of $90 million.
The developers of Fontainebleau Las Vegas, the 67-story north Strip hotel-casino, secured a $2.2 billion construction loan — assuring completion of the project by late 2023.
Hotel rates for the New Year’s Eve “America’s Party” celebration on the Strip are nearly three times as high as the average rates for the coming Christmas weekend.
NV Energy is proposing a more than $800 million plan to advance the state’s energy independence.
The locals-focused casino chain has outlined plans to develop more projects and sell some properties.
The state’s unemployment rate rose from October by 0.3 percentage points, an increase that tied Nevada with Oregon as the states reporting the largest over-the-month jump.
The Las Vegas Inferno prides itself on community involvement and collaboration with its players and content creators in its unique approach to managing an esports team.