“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.
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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.
The Las Vegas Strip hotel-casino, first conceived in 2005 and completed nearly two decades later, is set to open its doors in less than a month.
The LVCVA board had to approve a land preparation project before the 10 acres could be sold to 65SLVB, a partnership paying $125 million for the Riviera site.
Executives said some areas of the property weren’t ready in time to properly train staff members to provide the level of service it wanted to for guests.
Nearly two decades after the start-up, Fontainebleau is on the verge of being licensed to operate on the north end of the Las Vegas Strip.
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 Las Vegas Strip resort said its convention center will get a new color palette and a new speakeasy-style lounge.
Entertainment manager Rhonda Pavelko feels the family ties of Bellagio as one of the resort’s 1,221 Day 1 employees on the 25th anniversary of its opening.
From the night the doors opened Oct. 15, 1998, to today, as it prepares for the Formula One Las Vegas Grand Prix, Bellagio has been a special place on the Strip.
A California executive says he was playing blackjack in an MGM Grand private salon when he was drugged. He’s now suing MGM Resorts.
A six-count lawsuit filed in U.S. District Court names former Resorts World President and Chief Operating Officer Scott Sibella, who was fired by the company in September.
A software analyst said the attacks on MGM Resorts and Caesars Entertainment may embolden hackers to hit other Las Vegas casino operators.
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“It’s just heartbreaking,” said Judy Roman, whose houseboat was totaled and whose security camera recorded the fire.
Members of the Henderson Fire Department demonstrated how they respond to a 911 call about a child trapped in a hot car.
A fatal shooting at a Walmart parking lot is being investigated as a possible case of self-defense, according to the Henderson Police Department.
A suspect accused in a hit-and-run crash that killed a pedestrian told investigators that she had struck construction equipment, according to her arrest report.