A Caesars Rewards member scored while playing pai gow on the Strip.
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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.
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.
The Nevada Gaming Commission gave unanimous final approval Thursday to MGM Resorts International’s plan to buy The Cosmopolitan of Las Vegas for $5.65 billion.
With its multibillion-dollar sale in the works, The Cosmopolitan of Las Vegas gave employees a welcome surprise Wednesday: a $5,000 bonus each.
Slot machine technician Jereme Barrios is appealing a regional National Labor Relations Board ruling on a union decertification vote.
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.
Las Vegas-based gaming product manufacturer PlayAGS reported higher first quarter earnings but saw losses widen.
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.”