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Owner of Caesars casinos, golf courses plans IPO

VICI Properties, the owner of Caesars Entertainment Corp. casinos and golf courses, plans an initial public offering of its stock to help pay down more than $4 billion of debt and finance future acquisitions.

Lucky Dragon appears to be struggling in Las Vegas

Officially opened one year ago this month to cater primarily to the burgeoning and wealthy Asian-American and Asian immigrant crowd in Las Vegas and West Coast cities, the magic initially seemed to work.

Steve Wynn ‘warehousing’ former Alon site in $336M purchase

Wynn Resorts’ announcement that it is buying the Alon project site could raise hopes that a revival of the north Strip is in the cards. But analysts say it may be years before construction crews show up at Wynn’s new site.

Analysts collectively favor MGM stock after Las Vegas shooting

While analysts who cover MGM Resorts International are reluctant to talk about the company’s financial prospects two months after the 1 October massacre, they’re collectively saying MGM stock would be a good addition to a portfolio.

Mandalay Bay crowds appear low after Las Vegas shooting

It was by no means quiet in Mandalay Bay the night of Dec. 1, a Friday. But at certain points that evening, the crowds and energy levels seemed higher in two other MGM Resorts International-owned casinos.

Mandalay Bay struggles to find footing after Las Vegas shooting

Around dusk on a late November weekday, hundreds of men and women walked through the Mandalay Bay, past empty restaurants just off the casino floor and toward the huge convention center.

SLS Las Vegas on ‘verge of bankruptcy,’ investors allege

The SLS Las Vegas hasn’t turned a profit since opening in 2014 and is on the ‘’verge of bankruptcy,’’ according to a lawsuit filed in Los Angeles County by 60 Chinese nationals who lent money to the project in exchange for American citizenship.

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