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.
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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.
The nearly 200,000-square-foot facility sits in an unassuming office park next to Interstate 15 and Blue Diamond Road with minimal signage indicating it’s home to Amazon.
Holiday retail sales in Nevada are expected to grow by 8 percent this year, reaching a record $6.5 billion, according to the Retail Association of Nevada.
The sale of 10 acres at Las Vegas and Elvis Presley boulevards for $120 million to Claudio Fischer should be completed by mid-December. But what does he have planned?
Lennar Corp. recently held a ceremonial groundbreaking for a 25-unit townhouse complex called Aqua.
While other industries move forward with cashless payment options such as mobile wallets, prepaid, debit or credit cards, the casino industry is lagging.
Las Vegas has a long history of blowing up buildings to clear space for new ones. And now, a pipeline of big demolitions is set to remake parts of the Strip and other pockets of Southern Nevada.