A day after being accused by its joint venture partner of mismanaging the $9.1 billion CityCenter development, MGM Mirage said a lawsuit filed by Dubai World was “completely without merit” and the casino operator plans to complete the Strip development.
Las Vegas Sands Executive Vice President Brad Stone, who was overseeing construction of the company’s $5 billion Singapore resort, has resigned.
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Developer W.L. Nevada has decided to delay sales at Ascaya, formerly Crystal Ridge, in light of the current economy. The luxury home development carved into the McCullough mountain range in Henderson offers half-acre lots with sweeping views of the Las Vegas Valley for $1.5 million to $2 million.