MGM Resorts International is selling the Bellagio property and leasing it back, giving the casino operator a cash infusion of more than $4 billion.
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Eric Carlton of Colliers International told the Las Vegas Review-Journal that the Suncoast hotel-casino is not for sale, only the 49-acre parcel on which it sits.
The Sahara name has returned to Las Vegas Boulevard – along with new hopes for a rejuvenation of the struggling north end of the Strip.
If all went according to plan, visitors — by now — would see an arena with a retractable roof and a five-star hotel developed by ex-NBA player Jackie Robinson on the Las Vegas Strip.
The former Fontainebleau — the blue-tinted tower that has blighted the Strip for a decade — is slated to open as the Drew in the second quarter of 2022.