More than 16 years after the New Frontier was toppled, the Strip property hasn’t seen a new project take shape.
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The White Sands Motel, built in the 1950s during Las Vegas’ mafia days, is a run-down property across from the Luxor that many people likely don’t even realize is there.
Las Vegas’ famed casino corridor is a highly lucrative and competitive tourism market, where massive resorts offer extensive and ever-changing menus of amenities.
Vici Properties reached a deal to purchase financial giant Blackstone’s 49.9 percent stake in the properties, which are leased to casino giant MGM Resorts International.
Construction is underway on the 15,274-square-foot Museum of Illusions, which is scheduled to open in early spring 2023.
Dream Las Vegas is estimated to cost around $550 million and slated to open in late 2024.
F1 owner Liberty Media purchased nearly 40 acres for a 50-lap Grand Prix in Las Vegas next year.
MGM Resorts International has reached another multibillion-dollar sale-leaseback deal with New York financial giant The Blackstone Group, this time for the Aria and Vdara resorts.
Las Vegas developer Brett Torino is acquiring 2 acres in CityCenter after building Harmon Corner across the street.
After buying land on Las Vegas Boulevard last year, operators of the Pinball Hall of Fame have filed plans for a new arcade near the south edge of the Strip.