Vici Properties generated $2.6 billion in revenue last year and said about 45 percent of the haul stemmed from its properties on Las Vegas Boulevard.
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The new 12-story building at the Henderson casino-resort is slated to feature 375 rooms and about 15,000 square feet of additional ballroom space.
A North Dakota tribal nation closed its $10.25 million purchase of the former White Sands Motel site last week.
The 2.2-acre compound boasts unobstructed views of the Strip, 18-car garage, gym, outdoor sport court, pizza oven, 50-plus-foot-long pool and spa, and two-story guest house.
The White Sands Motel, built in the 1950s during Las Vegas’ mafia days, is a run-down property across from the Luxor that many people likely don’t even realize is there.
Las Vegas’ famed casino corridor is a highly lucrative and competitive tourism market, where massive resorts offer extensive and ever-changing menus of amenities.