Multibillion-dollar property sales can be structured to allow buyers and sellers to avoid paying the transfer taxes that support schools and other programs in Nevada.
The Strip
Your trusted Las Vegas Strip news source. Discover local updates, breaking news and headlines for the Las Vegas Strip here.
Complex transactions without transfer taxes frequently cite an exemption allowed under state law for entities that transfer property to a subsidiary.
Cosmopolitan CEO Bill McBeath says MGM Resorts executives need to know the hotel has to have its own identity and personality.
With its multibillion-dollar sale in the works, The Cosmopolitan of Las Vegas gave employees a welcome surprise Wednesday: a $5,000 bonus each.
Located in bustling Eataly , the enormous food and drink marketplace in Park MGM, the establishment will focus on a namesake Italian region — Tuscany.
Mickey Gilley told Bill Medley he should keep the jokes in the show, saying, “Don’t make me come out there.”
Over the past year or so, Las Vegas has seen a rising tally of sales and construction plans involving vacant land, retail properties and hotels on or near its famed casino corridor.
Dave Chappelle headlining a surprise show on Thursday, and said to Chris Rock, “At least you got smacked by someone of repute!”
Michael Bublé promised to invest in musicians and singers over pyro and strobes. He has followed through.
After unveiling plans for a dramatic race on the Strip, the company behind Formula One says it’s also buying property near Las Vegas’ casino corridor for a hefty price.
Xavier Mortimer was looking for a challenge. He found one as he attempts to make a landmark disappear.
Vici CEO Ed Pitoniak says the company has become “the leading real estate owner” on what “we believe is the most economically productive street in the world, the Las Vegas Strip.”
Bally’s Corp., winner of the bid to build a casino in Chicago and the future owner of Tropicana’s operations, still isn’t sharing what’s in store for the Strip property.
Las Vegas police are pushing for a county ordinance that would ban obstructions on Strip pedestrian bridges, but opponents say it would violate the First Amendment rights of street performers.
“Bat Out of Hell — The Musical” launches its residency at Paris Theater in September.
