Local developer Andrew Lai’s dream of turning an industrial stretch of Spring Mountain Road into a series of Asian-themed hotel-casinos near Chinatown appears to be teetering.
The $8.7 billion CityCenter project, billed by MGM Mirage as the most expensive commercial development in U.S. history, could end up in bankruptcy as early as this weekend, some nine months before the project is scheduled to fully open.
The world looks a little different to Kenny Bernstein these days.
After 30 years banking on Budweiser as the sponsor of his National Hot Rod Association team, the longtime drag racing star and team owner is sponsor hunting.
And he couldn’t have found a harder time to do it.
A District of Columbia city council member is proposing a way to challenge Nevada Sen. John Ensign, whose amendment to strip DC’s gun control laws have caused a furor among the city’s leaders.