Clark County Aviation Department officials say they expect to be as busy as Santa Claus on the days leading up to Christmas.
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“The families are targeting a closing of the transaction by year-end, subject to the satisfaction of customary closing conditions and approval of the NBA Board of Governors,” said a statement released by the Adelson and Dumont families.
Strip attractions are slowly returning to normal from the Formula One race with trees returning to the Bellagio and a promise that gondoliers will be back in front of The Venetian by early December.
According to the SEC filing, Dr. Miriam Adelson is buying a majority interest in the NBA team, which is owned by billionaire Mark Cuban.
“It makes a bunch of sense,” LVCVA president and CEO Steve Hill said. “If you go out there now, traffic is better than it was before we built all this and that bridge is a big part of that.”
Somebody ripped some holes in screens attached to the overpass glass designed to block views of the Formula One race course.
Hotel occupancy dropped from the same month last year, but room rates remained high and convention attendance continued to soar, the LVCVA said.
CBRE’s John DeCree met with more than 20 companies and came away with an optimistic outlook with record convention, special events traffic.
The last time a large interestingly shaped building took center stage in Las Vegas was nearly 30 years ago when the pyramid-shaped Luxor was under construction.
Airport and Strip attractions will be busier than normal for the three-day Labor Day weekend and resorts are expected to have 92 percent occupancy rates.