After taking a nosedive in early 2020, casino operators’ share prices are close — if not already beyond — pre-pandemic levels.
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The retailer, which will exude an L.A. vibe, will have men’s and women’s stores in the 70,000-square-foot retail district of the megaresort that opens this summer.
Clark County records show that new owners acquired debt on the north Strip hotel-casino project Feb. 11 and gained ownership of the property the same day through a “deed in lieu of foreclosure.”
“Vegas could become the esports capital of North America,” said Milo Ocampo, the founder of Las Vegas-based 8-Bit Esports.
The cost of the MSG Sphere at The Venetian is expected to go up before the project is completed, but executives of the Madison Square Garden Entertainment Corp. aren’t yet issuing an estimated increase.
Mandalay Bay, Park MGM and Mirage are set to operate 24-7 starting March 3, thanks to increased interest in travel to Las Vegas, according to a Wednesday news release.
The new owners of the Drew property did not release details Thursday on their plans for the site, including whether they will change the name back to the Fontainebleau or when they expect to resume construction.
Triple Five’s nearly 30 acres along Las Vegas’ famed resort corridor are under new ownership, but the deal likely wasn’t what the developer envisioned.
The real estate wing of Kansas conglomerate Koch Industries teamed with Florida developer Jeffrey Soffer to acquire the unfinished Drew Las Vegas property on the north Strip, according to a news release Thursday.
The Strip-adjacent hotel-casino property will likely remain closed until its tourist customer base returns, Frank Fertitta III, CEO of Station Casinos, said during an earnings call Tuesday.