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Developers buying small plot on Strip for $80M

MGM Resorts International announced that developer Brett Torino and New York-based Flag Luxury reached a deal to buy 2 acres in CityCenter and plan to build a retail project.

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.

Wynn plans new 47-story hotel tower for Las Vegas Strip

Wynn Resorts will close its golf course Dec. 22 and begin work Jan. 3 on its newest project, a 47-story, 1,500-room hotel far more elaborate than what Chairman and CEO Steve Wynn initially described for his Paradise Park plan.

Tropicana saw bookings fall 35 percent after Las Vegas shooting

The operator of the hotel closest to the Route 91 Harvest Festival grounds not operated by MGM Resorts International said the Tropicana Las Vegas experienced a 35 percent cancellation rate on bookings in the days immediately following the Oct. 1 mass shooting.