The deal includes a sale-leaseback of The Strat and other casinos in Nevada.
David Danzis
Casinos and Gaming Reporter
Email: ddanzis@reviewjournal.com
Phone: 702-383-0387
David Danzis joined the Review-Journal in July 2024 as a business reporter covering casinos and gaming. Before moving to Las Vegas, he covered Atlantic City casinos and legal online gaming in New Jersey for Catena Media. Previously, David worked at The Press of Atlantic City, covering the resort’s casinos and local government, and at the New Jersey Herald as a political reporter. David is an honors graduate of Rutgers University. He currently lives in Summerlin with his wife and two children.
The casino had converted the space to a high-limit slot area last summer, “while renovations on the casino floor were underway,” a company representative said.
Gaming Leisure Properties Inc., owner of land where the Tropicana stood, said it would not be footing the full bill for an envisioned resort project at the site.
After years of rising prices and mounting customer frustration, one of the largest Las Vegas casino operators is acknowledging that it may have pushed too far.
MGM Resorts International reported mixed results in the third quarter, with Las Vegas operations showing softer summer performance and executives touting a recovery ahead.
Caesars Entertainment announced Tuesday that Nevada residents can continue to receive free self-parking Sunday through Thursday and other perks through Dec. 25.
Caesars Entertainment reports a nearly 10 percent drop in Las Vegas revenue for the third quarter amid softer demand and weak table-game results.
Currently, the only U.S. airports with slot machines are Harry Reid International in Las Vegas and Reno-Tahoe International in Reno. That could change soon. Plus, more gaming news.
The philanthropic arm of Intermountain Health aims to generate funds for the planned $1 billion pediatric facility in Las Vegas.
Boyd Gaming Corp. said steady performance from core customers in the Las Vegas locals market helped offset softer results at The Orleans and the company’s downtown Las Vegas casinos.
The update includes expanded layouts, contemporary furnishings and personalized butler service.
An off-Strip casino-hotel was the target of a cyberattack earlier this year, a revelation made public in court filings.
The Albuquerque-based company opened its first location in New Mexico in 2021 and expanded to Las Vegas in June 2024.
Poker Palace Casino in North Las Vegas sold for more than $9.4 million, according to Clark County records. The sale price includes the land and building, not the gaming operations.
Analysts said the Las Vegas casino operator’s deal carries one of the highest transaction valuations for a single regional casino operation since the pandemic.