#CoStar

Markets Insider

Photos: See Inside Fontainebleau, Las Vegas' Newest, Tallest Hotel

After 16 years of anticipation, a new Las Vegas icon has opened its doors. Since breaking ground on the property in 2007, the Fontainebleau Las Vegas has changed ownership and names, and construction has been halted and restarted several times, per CoStar, a real estate database. Now, years of work have come to fruition. On Wednesday, the…

Land-based ・ 17 December 2023

CoStar

Casino Magnates Place Bet on This Man's Texas NBA Team

Gambling-adverse Texas could find itself with two NBA owners with gaming ties after Dallas Mavericks owner Mark Cuban agreed to sell a majority stake of the professional basketball team to the family of billionaire Miriam Adelson, the largest shareholder of one of the world's biggest casino operators. Adelson is the widow of Las Vegas Sands tycoon…

Law ・ 30 November 2023

CoStar

Plan To Fill Canada’s Largest Restaurant With Slot Machines Fails To Hit Jackpot

A plan to fill one of Canada's largest restaurants with video lottery terminals did not hit a lucky number as Quebec provincial gambling authorities have pulled the plug on a proposal to install 600 slot machines in a vacant Montreal restaurant space. This news story is available exclusively to CoStar subscribers. Watch the video to learn how you…

Winnings ・ 26 September 2023

CoStar

New York Developer Gambles on Las Vegas Shift Toward Strip-Facing Stores

More than ever, new retail space being added off the Las Vegas Strip is bursting out onto the street. Stores on Las Vegas Boulevard, the famous 4-mile-long bustling corridor in the U.S. gambling capital, have traditionally been ensconced indoors in air-conditioned casino hotels or within a handful of enclosed malls. But two new projects, one under…

Land-based ・ 14 September 2023

Super Slots Casino

$6,000 Welcome Bonus

Players can claim the SUPER300 bonus code on their first three deposits only. The minimum deposit amount required to redeem each bonus code is $25. This bonus is not valid in the Live Dealer Casino. The deposit plus bonus amount is subject to a 45X playthrough requirement before any winnings can be withdrawn.

Yogonet

Atlantic City's Borgata Casino announces $55M hotel tower remodel and rebrand

Atlantic City's Borgata Hotel Casino has announced a $55 million tower remodel that will see the property's The Water Club hotel rebranded to the MGM Tower. The updated tower will feature 700+ "reimagined" guestrooms and add a collection of luxury Vista Suites located at the tower's corners, allowing for wraparound views of the Atlantic City…

Land-based ・ 16 March 2023

CoStar

Soloviev Group Bets Manhattan’s Largest Undeveloped Lot Will Help It Win Coveted Casino License

The Soloviev Group has finally settled on what it wants to do with what's billed as the largest undeveloped lot in Manhattan, which it said it's owned for 15 years: place a big bet on winning a casino license among heavy competition as demand for offices looks less attractive. The developer, known for projects such as New York's iconic 9 W. 57th…

Land-based ・ 09 March 2023

CoStar

Developers Secure $2.2 Billion in Financing for Planned Las Vegas Resort

Developers of the long-delayed Fontainebleau resort and casino have obtained $2.2 billion in construction financing, putting one of the Las Vegas Strip's largest development projects on track for planned completion in the fourth quarter of 2023. Fontainebleau Development President Brett Mufson called the financing a milestone, after his Aventura,…

Land-based ・ 29 December 2022

CoStar

Red Rock Resorts Plans Fourth Casino Demolition, Redevelopment in Las Vegas

Red Rock Resorts plans to demolish and redevelop the Wild Wild West Gambling Hall & Hotel near the Las Vegas Strip, marking the company's fourth property in the region targeted for closure and redevelopment since July as it shifts to newer projects in the gambling capital. This news story is available exclusively to CoStar subscribers. Watch the…

Travel ・ 08 September 2022

RELATED LOCATIONS

State

California

Country

USA

State

Nevada

The Street

MGM Shares Plans for Its New Las Vegas Strip Property

The Las Vegas Strip has become some of the hottest real estate on Earth. The 4.2-mile stretch of road has become a battleground where interlopers like Resorts World Las Vegas try to unseat the established market leaders Caesars Entertainment (CZR) - Get Caesars Entertainment Inc. Report, MGM Resorts International (MGM) - Get MGM Resorts…

Land-based ・ 11 August 2022

CoStar

Apartment Deal Near Las Vegas Underscores Rising Demand in Gambling Capital

An apartment deal in North Las Vegas, Nevada, is among the region's largest of the past year amid rising demand and the latest of several Western U.S. acquisitions in 2022 by investment firm Tides Equities of Los Angeles. This news story is available exclusively to CoStar subscribers. Watch the video to learn how you can access industry leading CRE…

Land-based ・ 20 July 2022

CoStar

Regulations Save Lives; Just Look at the Las Vegas Casino Hotel Industry

HNN Blog Regulations Save Lives; Just Look at the Las Vegas Casino Hotel Industry1980 MGM Grand Fire Led To Widespread Improvements for Las Vegas Casinos, Hotel Industry Wallpaper, PVC piping, glue and plastic mirrors. That's what fed the spread of the massive fire that broke out in a restaurant in the 26-story MGM Grand hotel and casino on Nov.…

Travel ・ 26 May 2022

CoStar

Blackstone Wraps Up $4 Billion Sale of Cosmopolitan Casino Hotel in Las Vegas

Blackstone Group completed the $4 billion sale of the 3027-room Cosmopolitan hotel in Las Vegas from one of its funds to another, in what appears to be the largest single-property sale in the city's history as the U.S. gambling capital's recovery from the pandemic accelerates. This news story is available exclusively to CoStar subscribers. Watch…

Travel ・ 20 May 2022

RELATED CATEGORIES

Category

Land-based

Category

Industry

Category

Travel

Category

Covid

HMG

Bicycle Hotel & Casino in Bell Gardens Sells for $102 Million in Nation’s Largest County

April 27, 2022~An owner of gambling facilities across California has anted up to buy a Los Angeles County hotel and card room, one of the nation's biggest facilities of its kind, in a major deal for the industry that creates thousands of jobs in the largest U.S. county. An entity related to Northern California gaming owner Parkwest Casinos bought…

Land-based ・ 27 April 2022

Vegas Inc

Las Vegas tenants worry as rent jumps average of 20%

The Alma Apartments are under construction near Sunset Road and Mountain Vista Parkway. A new report shows rents in the Las Vegas area increased 20% more in the first quarter of 2022 compared to the same period in 2021, to an average of about $1450 per month. Industry officials say the increase is due in part to demand outpacing the supply of…

Covid ・ 20 April 2022