The LVCVA’s annual Visitor Profile report shows how casinos, resorts should react to younger, more ethnically diverse tourists.
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A long-shuttered motel site on the Las Vegas Strip is getting a new owner: a North Dakota tribal nation that owns nearly 22 acres along the south edge of the famed resort corridor.
Tickets will go on sale Wednesday for grandstand seating at The Mirage for November’s Formula One Las Vegas Grand Prix.
The developer said he owes approximately $25 million to $30 million for work on the resort, and that construction “will restart once the terms of the financing are finalized.”
The brainchild of Jay Sarno and Stan Mallin opened to the public on Aug. 5, 1966, at a cost of $24 million. Its rotunda is set for demolition.
Developers Brett Torino and Paul Kanavos, who built Harmon Corner and are working on the 63 retail center, would become the owners of property near the Convention Center.
Following growth in January and February, Las Vegas gaming industry analysts say some estimates for gross gaming revenue and cash flow are conservative.
The special events calendar in March is full of concerts, sporting events and conventions that bolster normal seasonal tourism and meeting levels.