Billionaire NBA Owner Plans New Las Vegas Strip High-End Casino
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Billionaire NBA Owner Plans New Las Vegas Strip High-End Casino. Most of the new hotel casino development plans on the Las Las Strip lately have centered on North Strip. MGM Resorts International and Caesars Entertainment own over a dozen properties on The Strip and expect to see most of their newest competition in upcoming years to come from the North strip.
The Fontainebleau resort complex is set to open later this year. Siegel Group has purchased 10 acres on the North Strip with plans to build a hotel/casino concept. The North strip also has a multi-billion dollar NBA-ready arena planned.
Tilman Fertitta, owner of the Houston Rockets and Golden Nugget casino in downtown Las Vegas, is planning to buy a 6-acre property on The Strip for $200 million. He will build a high-end casino. The property is at the southeast corner of Las Las. Vegas Boulevard and Harmon Avenue. It is also across the street from Aria, Vdara, and Waldorf Astoria Las Vegas hotels, upscale Shops at Crystal, and Veer Towers condominium complex.
