The Nevada Independent
Review Journal
Las Vegas hospitality workers won’t strike before Super Bowl
Culinary Local 226 said it has struck deals with nearly all remaining unsettled hotel-casinos - and called off a strike deadline for one - averting a Monday morning walkout threat at several near-Strip and downtown properties.
The last tentative agreement was reached between the hospitality union and Downtown Grand, representing about 200 workers,…
Review Journal
Downtown Las Vegas casinos reach deal with Culinary Union
Two downtown casinos owned by Boyd Gaming reached agreement overnight with Culinary Union Local 226 on a tentative five-year contract.
The deal involves nearly 500 hospitality workers at Fremont Hotel and Casino and Main Street Station.
The union made the announcement on X.
Culinary is negotiating a new city-wide five-year contract for its members.…
Review Journal
Fontainebleau Las Vegas names exec Maurice Wooden as new president
Fontainebleau Development, the parent company of the resort, named longtime Las Vegas hospitality executive Maurice Wooden as the north Strip property's new president, according to a Sunday news release.
Wooden was previously Wynn Las Vegas' president and principal executive officer between 2013 and 2019 and a member of the Las Vegas Convention and…
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Review Journal
Las Vegas projects to watch in 2024
With two casino-resort openings and a Major League Baseball team announcing plans to relocate to Las Vegas in 2023, the new year has some big shoes to fill. But there are many significant projects in the early stages that could move forward in 2024. And, of course, we all want to know if projects such as the Atari Hotel will really happen.
Here are…
The Nevada Independent
Indy Gaming: After $600M renovation, what’s next for Las Vegas Convention Center?
LVCVA CEO Steve Hill said the facility now has more than 15.4 million square feet of meeting space -enough to attract additional events.
Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada.
If a colleague or associate emailed this newsletter to…
CP24
NBA approves sale of Dallas Mavericks to Las Vegas Sands casino company
DALLAS (AP) - The NBA on Wednesday approved the sale of controlling interest of the Dallas Mavericks from Mark Cuban to the families that run the Las Vegas Sands casino company.
The deal was approved just shy of a month since the families of Miriam Adelson and Sivan and Patrick Dumont announced their intention to buy the club. The purchase is in…
CBS News
NBA approves sale of Dallas Mavericks to Miriam Adelson, casino company Las Vegas Sands
DALLAS -
The NBA on Wednesday approved the sale of controlling interest of the Dallas Mavericks from Mark Cuban to the families that run the Las Vegas Sands casino company.
The deal was approved just shy of a month since the families of Miriam Adelson and Sivan and Patrick Dumont
announced their intention to buy the club. The purchase is in the…
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Star Advertiser
Sale of Dallas Mavericks to families behind Las Vegas casino approved
DALLAS >> The NBA today approved the sale of controlling interest of the Dallas Mavericks from Mark Cuban to the families that run the Las Vegas Sands casino company.
The deal was approved just shy of a month since the families of Miriam Adelson and Sivan and Patrick Dumont announced their intention to buy the club. The purchase is in the valuation…
Review Journal
Las Vegas may have had it’s best year ever in 2023
It's hard to argue against the position that Las Vegas had its most successful year in its history in 2023.
And what do you do after one successful run? Come back for more.
That's what local gaming and tourism analysts figure will happen in 2024 after wrapping up a year filled with record gaming revenue and union contract signings, airport…
The Nevada Independent
Indy Gaming: Despite losses, Mohegan Gaming not walking away from Vegas casino
The off-Strip casino saw a 42 percent revenue decline; operators blamed a lower hold on table game wagers.
Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada.
If a colleague or associate emailed this newsletter to you, please
to sign up and…
Card Player
Fontainebleau Adds High-End Casino Option To North End Of Las Vegas Strip
After years of stops and starts, refinancing, ownership changes, and a bevy of other delays, the Fontainebleau resort casino has finally opened in Las Vegas. The $3.7 billion property welcomed a bevy of celebrities and VIPs last week as part of a ribbon cutting and party to officially welcome the new casino to the Las Vegas Strip.
Fontainebleau…
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iGaming Business
Fontainebleau Las Vegas opening points to growth in luxury visitors
The opening of the $3.8 billion Fontainebleau Las Vegas casino resort this week feeds the narrative that the Strip is becoming more of a destination for wealthier visitors. While previously known as a marketplace once relished by tourists for its inexpensive rooms and cheap buffets, that's now changing.
November's inaugural Formula One race on the…
The Sun
Two new casinos opening in Las Vegas, one in huge blue tower on Strip
LAS VEGAS - After a hiatus of more than two years, Las Vegas is seeing two new casinos open back to back.
The Fontainebleau, at the north end of the Strip, will welcome its first guests on Wednesday, Dec. 13; last week, Durango opened just off the beltway in Spring Valley.
The $3.7 billion Fontainebleau occupies an imposing 67-story blue glass…
Card Player
New Durango Casino Debuts In Las Vegas
Las Vegas seemingly has gambling options around every corner. You can add one more casino property to the map as patrons were welcomed to the brand-new Durango Casino and Resort, which officially opened for business on Tuesday in the southwest Las Vegas valley.
Visitors were given their first look at the $780 million, 15-story property more than…
Review Journal
Durango casino’s grand opening in southwest Las Vegas
Station Casinos' Durango Resort & Casino opened its doors to the public for the first time Tuesday.
The 200-room, 83000-square-foot-casino property is parent company Red Rock Resorts' first new property in more than a decade. The property has 2300 slot machines and 60 table games, a 25000-square-foot, 11-stall "Eat Your Heart Out" food hall, four…
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KTNV Las Vegas
Durango sparkles on opening day as locals, tourists flock to newest Vegas casino
LAS VEGAS (KTNV) - A couple of hours after the doors opened at
Las Vegas' newest casino
- the Durango - a long line developed outside the Ai Pono Cafe inside the resort's "Eat Your Heart Out" food hall.
The Hawaiian-themed eatery is Gene Villiatora's first foray into the Las Vegas restaurant scene. The eccentric chef says the opening defied his…
Star Advertiser
Sprawling hotel-casino catering to locals opening southwest of Vegas Strip
LAS VEGAS >> Las Vegas is getting its first ground-up casino in more than two years, with the debut of a modest $780 million property several miles from the resort-lined Strip that will cater more to local residents than international tourists.
Station Casinos, a subsidiary of publicly traded Red Rock Resorts Inc., planned a daylong celebration and…
8 News Now
Looking back at Station Casinos rich history in Las Vegas as 14th property opens
LAS VEGAS (KLAS) - The grand opening of the new
Durango Casino and Resort
marked Station Casinos 14th property on Tuesday.
The first Station Casinos property was Palace Station which opened in 1976 as "The casino in Las Vegas" and was then renamed "The Bingo Palace" and finally renamed in 1984 when Frank Fertitta Jr. bought out his partner. Ten…
Fox 5 Vegas
Sprawling casino and hotel catering to locals is opening in southwest Las Vegas Valley
LAS VEGAS (AP) - Las Vegas is getting its first ground-up casino in more than two years, with the debut of a modest $780 million property several miles from resort-lined Strip that will cater more to local residents than international tourists.
Station Casinos, subsidiary of publicly traded Red Rock Resorts Inc., planned a daylong celebration and a…
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Vegas Inc
Station Casinos opens doors on Durango Resort, its next generation of luxury
The pool area is seen at the new Durango Resort during a preview of the property Monday, Dec. 4, 2023. The newest Station Casinos resort opens today, Dec. 5, 2023, at the 215 Beltway and Durango Drive.
Tuesday, Dec. 5, 2023 | 6 a.m.
Patrons who step into the new Durango Resort for the initial time should notice something distinct: It's…
AP News
Sprawling casino and hotel catering to locals is opening southwest of Las Vegas Strip
LAS VEGAS (AP) - Las Vegas is getting its first ground-up casino in more than two years, with the debut of a modest $780 million property several miles from resort-lined Strip that will cater more to local residents than international tourists.
Station Casinos, subsidiary of publicly traded Red Rock Resorts Inc., planned a daylong celebration and a…
The Nevada Independent
Durango casino heralds a new Red Rock Resorts growth spurt
The company has six potential casino parcels totaling 500 acres throughout the valley.
Tuesday morning's opening of the $780 million Durango Casino Resort comes 15 years after the company opened its last development.
Red Rock Resorts President Scott Kreeger said a dry spell like that won't be repeated. The company already has a few locations in…
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…
iGaming Business
Playnetic brings in ex-Playtech VP Phillips as new CEO
Phillips takes on the CEO role with immediate effect ahead of Playnetic officially launching next year. Playnetic will make its debut at
ICE 2024, which runs from 6-8 February at ExCeL London.
Phillips joins Playnetic after over five years leading NEL Advisory, the igaming consultancy he founded in April 2018.
Prior to this, Phillips served as…
The Nevada Independent
Indy Gaming: Judge says New York county erred in leasing site for Sands’ proposed $5B resort
An analyst said the decision is the least of the problems troubling the state's slow process to approve New York City-area casinos.
Good morning, and welcome to the
Indy Gaming
newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada.
If a colleague or associate emailed this newsletter to you,…
iGaming Business
Playnetic brings in ex-Playtech VP Collins as new CEO
Phillips takes on the CEO role with immediate effect ahead of Playnetic officially launching next year. Playnetic will make its debut at
ICE 2024, which runs from 6-8 February at ExCeL London.
Phillips joins Playnetic after over five years leading NEL Advisory, the igaming consultancy he founded in April 2018.
Prior to this, Phillips served as…
World Casino News
Red Rock Delays the Casino Opening Until December 5th
The long-expected opening of
Durango Casino and Resort
in Nevada had been scheduled for November 20. However, as the day comes close, it becomes clear that the resort won't be open when expected.
The reasons for the delay:
As
Red Rock Resorts
announced, the opening will be delayed by more than two weeks, which means we won't be able to gamble in…
8 News Now
UPDATE: Durango Casino opening delayed, as company pursues 'first class' opening
LAS VEGAS (KLAS) - The highly-anticipated opening of Station Casinos' newest resort, Durango Casino and Resort, will be delayed, the company said Tuesday.
The Durango Casino and Resort is now set to open on Dec. 5, a release from Station Casinos said Tuesday.
The new resort was originally scheduled to open its doors on Nov. 20.
Lorenzo Fertitta,…
The Nevada Independent
Red Rock delays opening of Durango resort until Dec. 5
The $780 million hotel-casino was scheduled to open on Nov. 20, but portions of the resort were not complete.
Red Rock Resorts has postponed the planned opening of its $780 million Durango Casino and Resort by more than two weeks, saying portions of the southwest Las Vegas property would not be complete by the Nov. 20 announced opening.
The new…
Star Advertiser
Las Vegas Advisor: New 43-story resort-casino coming to Las Vegas Strip
Permit applications are reportedly being filed for a resort slated for the Strip at Harmon Avenue across from CityCenter.
Preliminary plans for the resort owned by Tilman Fertitta call for a 43-story tower with a 2400-room hotel, restaurants, convention space, a spa, a wedding chapel and a 2500-seat theater. The Federal Aviation Commission has…
Commercial-News
Gaming board approves Golden Nugget Danville Casino license
DANVILLE - Danville Golden Nugget Casino received its permanent license to operate on Thursday from the Illinois Gaming Board.
The board voted 3-0 in favor of granting Danville Development LLC's owner's license for the Golden Nugget Danville Casino. One member was absent.
The license is in effect for four years, expiring in October 2027, when it…
Card Player
Shopping Mall On Las Vegas Strip Looking To Add Casino
The Las Vegas Strip continues to see more casinos on the horizon. The Fountainbleu property is opening in December after almost two decades of on-and-off again construction. Last year, Texas businessman and owner of the Houston Rockets and Golden Nugget casinos Tilman Fertitta also announced plans for a new casino at Las Vegas Boulevard and Harmon…
Card Player
Station Casinos To Unveil New Durango Casino In Las Vegas This November
Station Casinos is betting big in Las Vegas and the opening of the new Durango Casino Resort in November is expected to be just the beginning of some major expansion plans for the years to come.
The new property continues the company's plans to grow considerably in southern Nevada and doubling its current size in the region by 2030. Durango offers…
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…
EGR
US and Canadian online real-money and social gaming industry insight
Golden Nugget Online Gaming (GNOG) has confirmed the launch of a new DraftKings-powered igaming mobile casino app in Pennsylvania.
The app, now available to Keystone State players, showcases new features including a sleeker design, easy navigation, and exclusive games, with a focus on improving customer experience.
It features more than 500 slots…
World Casino News
Durango Casino&Resort Intents To Employ 1,200 Workers
With the Durango Casino & Resort set to open in just three months and with the finishing touches currently underway, the owner of said casino-resort, Station Casinos, has revealed that they're now looking to hire potential workers for the
upcoming November 20th opening, a total of 1200 workers.
New recruitment website:
The
reveal
comes at the same…
World Casino News
Golden Nugget Danville Casino Finally Opened Its Doors
Golden Nugget Danville Casino is finally open! Many city officials, various state representatives, and a range of casino executives were invited to the ribbon-cutting ceremony that was held to celebrate the official grand opening of the long-awaited casino.
Huge building with many amenities:
The casino is located across
41.500 square feet of gaming…
Review Journal
Nevada Gaming Control Board announces slot and table winning percentages statewide
The remarkable roll Nevada's gaming industry has been on for the past three years continues to amaze, and nowhere is it more visible than on the Las Vegas Strip.
The Nevada Gaming Control Board last week reported the 28th straight month of gaming win - the amount the state's 435 major casinos took from gamblers in slot machines, table games and…
Jackson Progress Argus
Old School Las Vegas Strip Casino Royale Faces Surprise Implosion
While Las Vegas has always looked to the past for some of its entertainment choices, it's much less nostalgic when it comes to aging casinos. That's especially true on the Las Vegas Strip where land has become so exceptionally valuable that its makes little sense to operate dated properties.
That's why it makes sense for Bally's Corp. (BALY) -
Get…
iGaming
Red Rock Announces November 20th Opening for Durango Casino & Resort
Red Rock Resorts is gearing up to launch the Durango Casino & Resort in Las Vegas, pending regulatory approval. The much-anticipated grand opening is scheduled for November 20th, and excitement is building. Station Casinos, a subsidiary of Red Rock, will manage this new development.
Located near the 215 Beltway on South Durango Drive, the resort…
Review Journal
Durango Casino and Resort to open in November
Durango Casino & Resort, Station Casinos' latest hotel-casino under development in the southwest valley, is expected to open Monday, Nov. 20, executives announced during an earnings call for parent company Red Rock Resorts on Thursday.
Located on South Durango Drive near the Clark County 215 beltway, the resort will feature 200 hotel rooms,…
playcolorado.com
Colorado's Golden Nugget Casino Opens Soon As It Takes Over Wildwood
The
Wildwood Hotel and Casino
in Cripple Creek will soon be no more. It will be the
Golden Nugget
Casino.
Dubbed "the highest casino in the world," the facility is undergoing a facelift and name change after
Fertitta Entertainment
bought the resort at the base of Pike's Peak last year. The official grand re-opening as
Golden Nugget
will happen this…
Yogonet
Gambler's claim of illegal dice used in Atlantic City's Golden Nugget must be investigated, New York court rules
Nearly two years after New York resident Wayne Chan sued Atlantic City's
Golden Nugget
casino in a Newark federal court, claiming that the games were unfair, a New York court has now determined that New Jersey regulators should investigate that claim.
In September 2021, Chan sued the property after he lost $469125 playing craps in 2018 and 2019.…
Review Journal
A’s Las Vegas stadium land deal to close in Q4, Red Rock says
Red Rock Resorts Inc. - recently in the spotlight for its surprising deal of
a binding agreement
to sell nearly 49 acres to the Oakland Athletics - on Thursday dodged specific questions about the transaction, during its first-quarter earnings call.
Executives said the agreement with the A's is confidential, but it expects the deal to close in the…
The Nevada Independent
Tilman Fertitta to buy Hard Rock Lake Tahoe, will convert the casino to a Golden Nugget
The company controlled by Golden Nugget casino owner Tilman Fertitta is acquiring Hard Rock Lake Tahoe from Las Vegas-based Paragon Gaming for an undisclosed price.
According to a statement released Friday, privately held Fertitta Entertainment, which is based in Houston, will transform the hotel-casino into a Golden Nugget-branded casino.
The…
Review Journal
Developers look to north Las Vegas Strip for expansion
Developers Brett Torino and Paul Kanavos have teamed up to build retail projects in the heart of the Strip, bringing shopping and dining outposts to a section jammed with tourists.
Now they're looking to expand to the northern edge of Las Vegas' famed casino corridor - a quieter area that's been seeing more action.
The Las Vegas Convention and…
The Nevada Independent
Fertitta executive: ‘No decision’ on development of Las Vegas Strip resort
A top executive for casino operator Tilman Fertitta said Wednesday no decision has been made on the future development of six acres on the Strip that the Texas billionaire acquired last year in anticipation of developing a hotel-casino.
"It's very expensive to build right in an inflationary environment," Steven Scheinthal, a vice president with…
iGaming Business
More bullishness for Las Vegas in 2023 after records set in 2022
The optimism started with a strong finish to 2022 that had Nevada breaking its 2021 gaming revenue record by the time November ended. By the end of December, Nevada had recorded 22 consecutive months in which gaming revenue exceeded $1bn. The 2022 figure of $14.8bn was 10.5% higher than in 2021.
But what topped it off was how the Strip, in one of…
Review Journal
Not every Las Vegas casino boss wants to sell, lease back resort
Selling a casino to a landlord for a mountain of cash sounds pretty tempting.
There are also some big strings attached - and not every hotel boss in Las Vegas is interested right now.
Executives with Station Casinos, Boyd Gaming Corp. and Fontainebleau Las Vegas recently touted the benefits of owning their properties or stated they aren't looking…
The Nevada Independent
New Wildfire Casino starts Red Rock’s latest building boom
The newly opened Wildfire Fremont Casino near downtown Las Vegas isn't going to tip the scales on Red Rock Resorts' balance sheet.
The company's big new revenue producer lands later this year when the $750 million Durango Station opens for business.
Still, CEO Frank Fertitta III said the 21000-square-foot Wildfire, the seventh of the company's…
Yogonet
Las Vegas: Red Rock Resorts' Durango casino on track to open in Q4 2023, food hall plans unveiled
Red Rock Resorts, parent company of
Station Casinos, said Tuesday
the under-construction Durango casino, located in the southwest area of the Las Vegas Valley,
is expected to be fully enclosed in April, ahead of its late 2023 opening.
Chief Financial Officer Stephen Cootey, speaking during a quarterly earnings call, said the $750 million casino
is…
Review Journal
Red Rock Resorts says casino revenue ‘stable and healthy’
Red Rock Resorts on Tuesday reported a steady locals casino environment, as it moves forward with developing its long-term growth strategy in the Las Vegas Valley.
The parent company of Station Casinos reported its best fourth quarter in history for same-store net revenue and second-best fourth quarter in adjusted cash flow and adjusted cash flow…
News-Daily
Las Vegas Strip Gets a Dangerous Warning
Covid, M-Pox, RSV, and other illnesses could not keep the Las Vegas Strip Resort Casinos down, but a new development might be a major problem.
While the covid pandemic closed the Las Vegas Strip, that closure almost seemed to create an opportunity for major resort casino operators to make changes.
MGM Resorts International (MGM) -
Get Free…
The Street
Two Billionaires Have Huge Las Vegas Strip Casino Plans
Caesars Entertainment (CZR) -
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and MGM Resorts International (MGM) -
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dominate the south and central Las Vegas Strip but they do face challenges to their leadership. Basically, any casino owner and every major hotel operator look at the riches to be had on Las Vegas's iconic 4.2 mile stretch of road and at least…
News-Daily
Huge Las Vegas Strip Properties Likely up for Sale
Some of the biggest names on the Strip appear to be up for bids, and one billionaire casino owner looks likely to be a potential buyer.
The Las Vegas Strip has little sympathy for people with money troubles. That's true if you can't pay your hotel bill, run out of money at the tables, or have your credit card declined at dinner.
Las Vegas casino…
The Street
Huge Las Vegas Strip Brands Likely Up for Sale
The Las Vegas Strip has little sympathy for people with money troubles. That's true if you can't pay your hotel bill, run out of money at the tables, or have your credit card declined at dinner.
Las Vegas casino owners including Caesars Entertainment (CZR) -
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and MGM Resorts International (MGM) -
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may no longer take…
Review Journal
Station Casinos juggles real estate deals in valley
Station Casinos outlined big plans a little over a year ago: It wanted to double its footprint in Southern Nevada.
And in the past few weeks, as it pushes ahead with that goal, the company has had a flurry of real estate activity.
Henderson City Council members voted Tuesday to approve the city's purchase of the 35-acre former Fiesta Henderson…
Review Journal
Las Vegas casino landlord Vici Properties owns 660 acres
After completing more than $20 billion in deals recently, casino landlord Vici Properties now owns several hundred acres along the Strip, "the most economically productive street in the world," the firm said Thursday.
Vici, whose real estate holdings on Las Vegas Boulevard include megaresorts MGM Grand, Caesars Palace and The Venetian, this…
The Street
MGM Sells a Notorious Piece of the Las Vegas Strip
Most Las Vegas Strip deals are splashy with the land purchase sort of kicking off the publicity cycle for whatever massive casino, resort, or attraction might someday get built on the property. That's essentially what Houston Rockets owner Tillman Fertitta has done.
The billionaire, who also owns the Golden Nugget on Fremont Street, purchased land…
Review Journal
Las Vegas’ top 10 real estate deals of 2022
Las Vegas' wheeler-dealer real estate market didn't disappoint in 2022.
Here are the top 10 deals of the year, ranked by yours truly. Some blockbusters that closed in 2022, including the $5.65 billion sale of The Cosmopolitan of Las Vegas, are not listed because they were announced in 2021 and were in
that year's top
10.
1. Tilman Fertitta
Houston…
News-Daily
Two Billionaires Have Huge Las Vegas Strip Plans
Strip Leaders MGM and Caesars will face one outspoken billionaire and another more quiet one who both have plans to make a huge mark on Las Vegas' iconic road.
Caesars Entertainment (CZR) -
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and MGM Resorts International (MGM) -
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dominate the south and central Las Vegas Strip but they do face challenges to their…
Review Journal
Tilman Fertitta gets approval for new hotel-casino on Las Vegas Strip
Clark County commissioners gave billionaire Tilman Fertitta the green light on Wednesday to develop a towering hotel-casino on the Strip.
The commission approved Fertitta's plans for a 43-story, 2420-room project in the tourist-choked casino corridor. The upscale resort, at the southeast corner of Las Vegas Boulevard and Harmon Avenue, would…
Vegas Slots Online
Mavericks Owner Wants New Arena in the Middle of Casino
Dallas Mavericks owner Mark Cuban wants to build a new arena in the middle of a casino resort if gambling options expand in the state.
would partner with casino company Las Vegas Sands
He outlined the ambitious project to
Dallas News
in an interview this week. As part of his plans for the NBA team, Cuban said he would partner with casino company…
iGaming Business
Tilman Fertitta takes Las Vegas
In a city long known for bigger-than-life figures such as mobster Bugsy Siegel, reclusive tycoon Howard Hughes and casino mogul Steve Wynn, Tilman Fertitta is the newest big player on the Las Vegas Strip.
The billionaire Texas businessman and owner of Fertitta Entertainment, which owns more than 600 restaurants, hotels, casinos and other…
The Street
Las Vegas Strip Venue Demolition Set, New Project Weeks Away
The Las Vegas Strip continues to evolve and modernize into the future as long-time, classic hotels, casinos and retail properties face the wrecking ball to make way for new projects.
No fewer than a dozen classic Las Vegas hotel casinos have been imploded since the early 1990s to make way for new, modern hotel casinos, some that still stand today.…
The Street
Las Vegas Leader Closes 3 Casinos, Plans Huge Expansion
In Las Vegas, it often seems like bigger is better.
Caesars Entertainment (CZR) -
Get Free Report, MGM Resorts International (MGM) -
Get Free Report, and Wynn Resorts (WYNN) -
Get Free Report
certainly seem to subscribe to that logic. The three biggest players on the Las Vegas strip seem to go for spectacle and grandeur in building properties that…
The Mountain Jackpot News
Former Wildwood Casino Owner Bids Farewell; Welcomes New Ownership Group
Industry Veteran Outlines Major Business Challenges for Cripple Creek
Trevor Phipps
Earlier this year, the Cripple Creek casino world got hit with another financial jolt with the announcement that the town's newest gaming establishment, and the sole gaming hub located outside the historic district, would be changing hands, selling to a big name…
KOLO
New hotel-casino proposed on Las Vegas Strip could fill void on resort corridor
LAS VEGAS, Nev. (FOX5) - A proposal for a hotel and casino on the Las Vegas Strip got the green light from Clark County officials, though there is no timeframe for when construction could start.
The Clark County Zoning Commission approved a proposal from Tilman Fertitta and Fertitta Entertainment, which owns and represents Golden Nugget casinos,…
The Street
Another Huge Las Vegas Strip Casino/Hotel Project Moves Closer
Owning a Las Vegas Strip casino has become a bit like buying a professional sports franchise. There are only so many of them to go around and few ever come up on the open market,
Many of the properties on the famed 4.2 mile stretch of road are owned by Caesars Entertainment (CZR) -
Get Free Report
and MGM Resorts International (MGM) -
Get Free…
CoStar
Changes in the Cards for Iconic Las Vegas Strip After Big Hotel-Casino Deals
In the past two years, there has been a flurry of hotel investment activity in the Las Vegas market, with nearly 10 transactions achieving sale prices exceeding $1 billion.
Total hotel sales volume for the past two years in Las Vegas is nearly $16.8 billion, representing 17% of the total U.S. hotel sales volume during that time frame. Las Vegas…
The Street
Caesars' Las Vegas Strip Failure Turns Into a Huge Win
Every inch of land on the Las Vegas Strip has become incredibly valuable. Recent sales have placed the value of a single acre at $10 million -- and that's land located on the less popular northern end of the Strip.
The Las Vegas Convention and Visitors Authority (LVCVA) Board of Directors recently approved the sale and licensed use of a ten-acre…
The Street
Caesars Las Vegas Strip Failure Turns Into a Huge Win
Every inch of land on the Las Vegas Strip has become incredibly valuable. Recent sales have placed the value of a single acre at $10 million -- and that's land located on the less popular northern end of the Strip.
The Las Vegas Convention and Visitors Authority (LVCVA) Board of Directors recently approved the sale and licensed use of a ten-acre…
The Street
Las Vegas Strip Adds Another Huge Casino Project
New hotel casino projects along the Las Vegas Strip continue to proliferate following the slowdown during the covid pandemic. Locals and visitors have gotten used to seeing cranes and construction equipment in the area, and they can expect to see a lot more in the coming months.
In recent years, the 4.2 miles of the Strip had been dominated by…
Gambling
Texan Tilman Fertitta Building Las Vegas Casino
Workers have begun clearing a site on the resort-lined Las Vegas Strip where Houston's Tilman Fertitta has been OK'd to build a 43-story hotel-casino.
A tattoo parlor and decades-old motel are among other buildings being demolished at a 6-acre site on the Strip near Harmon Avenue, according to the Las Vegas Review-Journal.
After the site is…
Star Advertiser
Las Vegas Advisor: New casino coming to Las Vegas Strip
Plans have been announced for the 6-acre south-Strip location (across from Aria) purchased by hotel and restaurant magnate Tilman Fertitta for $270 million earlier this year.
Fertitta plans to build a 43-story, 2420-room hotel-casino with multiple restaurants, a showroom, convention space, spa, wedding chapel and an auto showroom.
Additional…
Daijiworld
4 of America's wealthiest casino owners
Nov 11 (PR):
Of course, the majority of people are aware of the "casino whales" and "high rollers," extremely wealthy people who love nothing more than to spend hours gambling millions of dollars.
But in casinos, the wealthiest patrons are typically the establishments' owners rather than the players.
One or two of these owners are at the pinnacle…
Review Journal
Tilman Fertitta starts demolition for Las Vegas Strip hotel-casino project
Tilman Fertitta demolished an old motel on the Strip, as the Houston billionaire pushes ahead with plans for a towering upscale resort.
Works crews recently tore down a former 1960s-era Travelodge on Las Vegas Boulevard just south of Harmon Avenue, leaving piles of concrete, wood and other debris on the site as of Tuesday. Its boarded-up lobby, in…
Yogonet
Las Vegas: Station Casinos to top off Durango tower this Friday
Station Casinos'
Durango Casino & Resort, its new
$750 million project
in the southwest Las Vegas Valley,
is currently under construction. This week,
a new milestone in the process will see the crews top off the 15-story, 318-foot tower, and will mark the addition of the final beam and pour the last floor of the hotel.
Work on the project began…
Fox 5 Vegas
New hotel-casino proposal on the Las Vegas Strip could fill void on resort corridor
LAS VEGAS, Nev. (FOX5) - A proposal for a hotel and casino on the Las Vegas Strip got the green light from Clark County officials, though there is no timeframe for when construction could start.
The Clark County Zoning Commission approved a proposal from Tilman Fertitta and Fertitta Entertainment, which owns and represents Golden Nugget casinos,…
Vegas Slots Online
Casino Tycoon Tilman Fertitta Buys 6% of Wynn Resorts
Casino tycoon Tilman Fertitta has acquired 6% of Wynn Resorts. A Securities and Exchange Commission (SEC) filing made public over the weekend revealed that the Golden Nugget casino chain owner bought 6.9 million shares in Wynn Resorts on October 19. There were no details regarding the price Fertitta paid for the stake. Any time an individual…
Review Journal
Las Vegas casino implosions may be coming with demolitions planned
Las Vegas is known as a place to gamble, party and cut loose.
It also has a long history of blowing up buildings to clear space for new ones. And now, a pipeline of big demolitions is set to remake parts of the Strip and other pockets of Southern Nevada.
It's too early to say whether the buildings will be torn down Vegas-style - setting off…
Henry Herald
Huge Las Vegas Strip Casino Deal Looks Dead
It has been a time of major change on the iconic Las Vegas Strip but one highly-anticipated deal appears to not be happening.
Fortunes get made and lost in Las Vegas and that's not just something that impacts gamblers.
Companies including Caesars Entertainment (CZR) -
Get Caesars Entertainment Inc. Report, MGM Resorts International (MGM) -
Get MGM…
Vegas Slots Online
Texas Governor Is Open to Casino Expansion if Re-Elected
Texas Governor Abbott is open to expanding gambling in the state if he manages to win re-election. [Image: Shutterstock.com]
Texas Governor Greg Abbott appears to have opened the door to an expansion of casino gambling in the state. That is, if he wins his re-election battle on November 8. While Abbott emphasized that he does not want widespread…
Houston Chronicle
Exclusive: Abbott open to expanded casino gambling in Texas
Gov. Greg Abbott is opening the door a crack to expanded casino gambling in Texas if he wins re-election.
While far from an all-out promise to turn Texas into Las Vegas, the Republican is now saying that while he doesn't want a proliferation of gambling in Texas, he's willing to listen to the gaming industry's proposals.
"We don't want slot…
The Street
Move Over Las Vegas Strip, Fremont St. Adding a Bold New Casino
While the Las Vegas Strip has been known for the glitz and glamour of casino operators, including Wynn Resorts (WYNN), Caesars Entertainment (CZR) and MGM Resorts International (MGM), downtown Vegas has a grittier reputation.
Even after the 1995 launch of the Fremont Street Experience -- a massive light and sound show that takes over the whole…
Casino.org
Top 5 Richest Casino Owners In The US
In the UnitedStates, casinos are big money.
Of course, most people know about the high rollers and casino
whales, extremely rich individuals who love nothing more than gambling millions of dollars in a single session.
However, therichest people at casinos are usually not the gamblers, but the casino ownersthemselves.
Out of allthese owners there…
Yogonet
Golden Nugget Casino Danville breaks ground in Illinois with plans to open by March 2023
Ground has been broken on the upcoming Golden Nugget Casino in Danville, Illinois, the sixth Golden Nugget casino in the United States. The ceremony was attended by company officials and local authorities, including
Danville Mayor Rickey Williams, Jr, who stood in the center at 204 Eastgate Drive as ground-breakers officially began construction of…
Travel Weekly
Station Casinos' growth plans could include a Las Vegas Strip property: Travel Weekly
Construction continues on the $750 million
Durango Casino & Resort
in the southwest Las Vegas valley. A detailed model of Durango, set to open in the fall of 2023, is displayed at the
Red Rock Casino Resort, itself undergoing enhancements that include new restaurants, an adults-only pool and a renovated high-limit slots room.
But company executives…
Casino City Times
This Week in Gambling: New resort and changes coming to Las Vegas
This week's gambling video finds J. Todd out on the Las Vegas Strip, as he was in town for the Global Gaming Expo. In addition to coverage of new games and interviews from the show, there is Las Vegas news on the changes at
Bally's - Las Vegas, the new Tilman Fertitta resort, and how Las Vegas baseball could be a done deal.
Details about the new…
Fox 5 Vegas
Clark County approves new 43-story property on Las Vegas Strip
LAS VEGAS, Nev. (FOX5) - Clark County Commissioners on Wednesday approved plans for a new hotel and casino on the Las Vegas Strip.
According to the county, the project is from developer Tilman Fertitta.
The 43-story, 2400 room hotel and casino is set to be located at Las Vegas Boulevard and Harmon, the county said.
According to site plans submitted…
Review Journal
Tilman Fertitta’s hotel-casino plans on Las Vegas Strip headed for vote
Las Vegas' famed casino corridor is poised to get a big new competitor: billionaire Tilman Fertitta.
Clark County commissioners are scheduled Wednesday to consider the Houston mogul's plans for a 43-story, 2420-room hotel-casino on the Strip. Located at the southeast corner of Las Vegas Boulevard and Harmon Avenue, the
upscale project
calls for…
World Casino News
Las Vegas Strip intent for Fertitta Entertainment Incorporated
In the western American state of
Nevada
and
Fertitta Entertainment Incorporated
is reportedly planning to double its presence in
Las Vegas
via the construction of a 43-story casino hotel that will also house a 2500-seat theater and a selection of restaurants.
According to a Wednesday report from the
Las Vegas Review-Journal
newspaper, the firm run…
96.3 KKLZ
Las Vegas Strip Could Soon See A New 43-Story Resort
This may come as a shock (not really), but the
Las Vegas Strip
could soon see a brand new 43-story resort and casino at the corner of
Las Vegas Boulevard
and
Harmon Avenue.
According to an article posted by
Eli Segall
on
ReviewJournal.com,
billionaire
Tilman Fertitta
has filed plans with the
Clark County Commission
to build an upscale project on…
Vegas Slots Online
Tilman Fertitta Planning 43-Floor Las Vegas Hotel Casino
Billionaire Golden Nugget owner Tilman Fertitta is ready to make a splash on the Las Vegas Strip.
In plans filed with Clark County, Fertitta outlined the creation of a 43-story, 2420-room hotel and casino on six acres of land he bought earlier this year. Amenities include a 2500-seat theater, auto showroom, meeting centers, restaurants, a spa, and…
Commercial-News
Casino on track for spring opening
DANVILLE - With October here, the clock is ticking to get the Golden Nugget Danville Casino building closed in by Thanksgiving for construction to continue in the winter months.
On or around April 1 is the target opening date.
"There is nothing that we see right now that will prevent us from being open in April of 2023," General Manager Juris…
New Zimbabwe
The richest casino owners in the world
One thing that everyone associates casinos with is money. And while many will head to gaming venues in the hope of winning some cash, it's worth noting that these places are big businesses that make a lot of profit. So, with that in mind, we've checked out just how wealthy some casino owners around the globe are.
Lui Che Woo
In terms of net worth,…
World Casino News
Wild Wild West Gambling Hall venue closing for good
In the western American state of
Nevada
and casino operator
Red Rock Resorts Incorporated
has reportedly announced that its small
Wild Wild West Gambling Hall
property is to be permanently shuttered from later today.
According to a Friday report from
The Nevada Independent, this is the fourth such move from the Las Vegas-headquartered firm…
Gambling Insider
Red Rock Resorts to demolish fourth Nevada casino with future developments in mind
Red Rock Resorts will shut down and demolish the Wild Wild West casino and hotel near the Las Vegas Strip.
The announcement comes six weeks after the company confirmed plans to demolish three permanently closed casinos.
Red Rocks spokesman Michael Britt said the casino will close on Wednesday 7 September, and all employees shall be offered jobs at…
The Nevada Independent
Legal changes make Colorado an enticing casino market for Nevada operators
DENVER - Nevada's major gaming companies avoided Colorado for nearly two decades after casinos were legalized in the historic mining towns of Black Hawk, Central City and Cripple Creek.
It wasn't much of a gamble.
Initially, bets in the state were limited to $5 and casinos were not open 24/7. The idea behind the 1990 legalization was to boost…