The former Fontainebleau will open in the fourth quarter of 2023 under the name Fontainebleau Las Vegas, developers of the property announced Tuesday.
Casinos & Gaming
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A California federal judge has thrown out a lawsuit brought by a woman who claimed that bribery and corruption sunk a previous case she brought against Steve Wynn and Wynn Resorts executives.
At least two Las Vegas gaming giants — MGM Resorts International and Caesars Entertainment — are currently shopping Strip resorts. The big question is who’s going to end up buying them.
MGM Resorts International CEO Bill Hornbuckle said the company is starting the process of selling the operations of one of its Las Vegas Strip properties.
The National Labor Relations Board says that Station Casinos is hindering an ongoing unfair labor practice case and is asking a federal court to step in.
Caesars previously said it would sell a Strip property sometime next year, but CEO Tom Reeg told investors on Tuesday, “You should expect us to put that into motion in the early part of (2022).”
The program for college students includes a $15-per-hour wage for a maximum of 40 hours per week and housing at Red Rock Resort, Sunset Station, Palace Station or Green Valley Ranch.
Union spokeswoman Bethany Khan said about 35 percent of the 60,000 union members, or about 21,000, had not returned to their previous jobs.
“We were very excited from the day we started the company. We’re even more excited today about what’s happening in Las Vegas,” Vici President John Payne said during a Thursday earnings call.
DraftKings is walking away from its $22 billion push to buy Entain PLC, the UK sports betting company that is partnered with MGM Resorts International in the online sports betting venture BetMGM.
Entain said in a statement Tuesday that the company’s board has been in discussions with DraftKings to explore the “merits and feasibility” of a potential deal and set a Nov. 16 “Put Up or Shut Up,” deadline for the proposal.
MGM CEO Bill Hornbuckle said Monday that just 90 out of more than 6,000 workers affected by the company’s mandatory vaccine policy left the company rather than get the COVID-19 vaccine.
MGM Resorts International and Westgate implemented new policies in recent months that require some employees to be vaccinated. Both policies took effect Friday.
Station Casinos has asked a federal appeals court to overturn a National Labor Relations Board order forcing the company to bargain in good faith with the Culinary Union.
The remodeling of the 8-year-old luxury boutique hotel will draw inspiration from kintsugi, the centuries-old Japanese art of repairing broken pottery with lacquer dusted with gold,