It was the latest high-priced deal in Las Vegas that did not produce transfer tax revenue that supports schools and low-income housing in Nevada.
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Randy Morton, the former co-CEO of Foley Entertainment Group and longtime Bellagio executive, joins former Raiders President Marc Badain at new south Strip project.
As some U.S. travelers adjust vacation plans amid high fuel costs and inflation, Las Vegas may benefit from pent-up demand and the destination’s value proposition, experts say.
While Southern Nevada hotel room rates run about 60 percent more than in July 2021, the American Hotel Lodging Association says gas prices will affect vacation decisions.
Lily Funds founder Tom McManus sold 2 acres to a buyer who “requested to remain anonymous.”