Visitor volume remains below pre-pandemic levels, but investors are betting big that Las Vegas is back on track.
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Real estate pros have long figured the Durango site would be the first among Station’s desert parcels to get developed.
Vici Properties and The Blackstone Group are emerging as two of the biggest players on Las Vegas Boulevard.
After three Las Vegas casino-resorts debuted during the pandemic, no others are officially scheduled to open anytime soon.
Blackstone Group, a large firm with heavy investments on Las Vegas Boulevard, is looking to snap up the Australian casino operator Crown Resorts.
With Circa opening in October, Virgin Hotels Las Vegas debuting Thursday and Resorts World Las Vegas on deck for the summer, the city is in the midst of a new wave.
The SLS Las Vegas opened with much fanfare in 2014 but quickly spiraled downward. Now, a few miles away, Las Vegas’ newest renovated resort figures it’s starting out on stronger footing.
The coronavirus pandemic has squeezed Nevada’s casinos, but it looks like the outlook is finally changing and companies are preparing for the comeback they’ve expected.
The Henderson City Council approved a resolution formalizing its intent to sell nearly 9 acres of city-owned land on St. Rose Parkway to Anthony Marnell III.
But Derek Stevens’ project, Circa, opened its casino, restaurants and year-round pool complex in downtown Las Vegas on Wednesday. Its 777-room hotel tower is scheduled to debut at year’s end.