#Liberty Media

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…

Land-based ・ 10 January 2024

PokerNews

Casino Revenue Soars as Vegas Grapples With Complex F1 Legacy

The Las Vegas Strip recorded impressive growth in gaming revenue in November 2023 as Formula 1's whirlwind motoring circus sped into town. The 4-day event, which attracted around 300000 spectators, led to a boom in casino gambling, with the Nevada Gaming Control Board recently announcing gaming revenue of over $820m in November - a 23% increase…

Finance ・ 10 January 2024

Chronicle Online

Column: F1 hits the jackpot in Las Vegas on its $500 million gamble after many stumbles on the Strip

LAS VEGAS (AP) - There were missteps and mistakes, and a master class in how not to handle customer relations. But by the time Justin Bieber waved the checkered flag on Formula One's return to Las Vegas, the $500 million Sin City gamble had hit the jackpot. F1 and owner Liberty Media hosted an electrifying event Saturday night that turned out to be…

Winnings ・ 20 November 2023

thejudge13.com

Hamilton Casino row spawns Mercedes ban

Formula One returns to Nevada for the first time in 41 yers and what a difference those four decades have seen. Vegas itself has grown beyond all recognition, such that even household names like the Mirage are soon to be demolished to make way for even newer and shinier skyscrapers along'the strip.' F1 too has evolved beyond measure. It is now…

Finance ・ 15 November 2023

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The US Sun

Formula One owners have made $500million 'Drive to Survive' gamble on Las Vegas Grand Prix

FORMULA ONE owners Liberty Media will get to discover if their huge gamble on Las Vegas will come off in this weekend's Grand Prix. They have spent around $500million, or £400m, converting the famous strip into a race track and building a new paddock in the heart of Sin City. Liberty hope to cash in on the sport's popularity in the US, driven by…

Movies ・ 14 November 2023

Forbes

Las Vegas Casino Workers Set Strike Deadline Ahead Of Formula 1 Grand Prix

You'll be asked to sign into your Forbes account. Over thirty thousand hotel workers at Las Vegas casinos who are fighting for new union contracts set a strike deadline Thursday for November 10, days before the Formula 1 Las Vegas Grand Prix weekend opens on November 15-an event that is expected to draw tens of thousands of guests to the…

Land-based ・ 03 November 2023

Vegas Inc

Off-Strip casino Ellis Island finds itself in the middle of the Las Vegas Grand Prix

A sign advertises Ellis Islands Formula 1 Turn 4 grandstand tickets Wednesday, Aug. 23, 2023. Sunday, Sept. 3, 2023 | 2 a.m. Christina Ellis has welcomed plenty of eager patrons through the years to Ellis Island. Long before Ellis became the property's vice president of development, she was a middle school student working the hostess stand at the…

NFL ・ 03 September 2023

Jalopnik

F1 Allegedly Shaking Down Las Vegas Restaurants For Race View

The Formula 1 World Championship is set to have a visually stunning night race in Las Vegas under floodlights and the colorful glow of casinos on the Strip this November. However, if you're physically standing alongside the Las Vegas Strip, your view of the race could be obstructed. The championship's commercial arm is flexing its muscle to force…

Travel ・ 28 July 2023

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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…

Top and Best ・ 31 December 2022

formula1news.co.uk

Sergio Perez makes big claim about Las Vegas GP after bad casino experience

Formula 1 has traditionally only had once race per season in the United States, with the Circuit of the Americas being a regular on the calendar in recent years. Since Liberty Media took majority ownership of the Formula One Group, the sport has understandably stepped up its presence in the USA, as sponsors look to host more races closer to…

Land-based ・ 29 November 2022

The BlackBook Motorsport

Las Vegas GP date revealed, race set to be paired with Abu Dhabi

F1 pulled off a major coup earlier this year by getting all the agreements and permissions necessary to use the Las Vegas city streets and run its cars past some of the city's major casinos. A letter of intent from Liberty Dice, a new entity created by the sport's owner Liberty Media, lays out the terms of the five-year deal for the F1 race on a…

Sports ・ 08 August 2022

Sports Unfold

Las Vegas Grand Prix announcement is sentimental for F1

Las Vegas Grand Prix announcement is sentimental for F1 - here's why. For the first time in 40 years Formula 1 deals to bring Grand Prix to Lax vegas Las Vegas, the capital of entertainment, is known for glamour, glitz, excitement, and passion. Las Vegas is added as a new location in the F1 calendar for 2023 as of now. The F1 correspondent has now…

Sports ・ 01 July 2022

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Yogonet

F1 racing to debut on Vegas Strip in November 2023, promoted by major casino operators

Las Vegas has been greenlighted to host Formula One racing beginning in 2023. Formula One and Las Vegas Convention and Visitors Authority (LVCVA) officials announced Wednesday that the Las Vegas Grand Prix is slated to occur at night on a yet to be determined Saturday in November 2023, on the Vegas Strip, promoted by major gambling operators. "This…

NFL ・ 25 May 2022

The BlackBook Motorsport

Why F1 is spending $240m on a Las Vegas construction plot

It might not have been a perfectly smooth weekend, but the Miami Grand Prix was a huge success for Formula 1. The crowds came, the place was thronged with more A-listers than we've ever seen at one event, and in the end we had a decent race, helped by a late safety car that livened things up. It was another important step in the sport's bid to have…

Land-based ・ 15 May 2022

Vegas Slots Online

Las Vegas Agrees $19.5 Deal to Host F1 Races for 3 Years

Las Vegas will host Formula One races in 2023, 2024, and 2025 after the city's tourism body agreed on a $19.5m sponsorship deal. [Image: Shutterstock.com] The Las Vegas Convention and Visitors Authority (LVCVA) has voted in favor of bringing the Formula One Grand Prix to the world's gambling capital for at least three years. a $19.5m sponsorship…

NFL ・ 11 May 2022

Review Journal

F1 buying land near Las Vegas Strip for $240M

After unveiling plans for a dramatic race on the Strip, the company behind Formula One says it's also buying property near Las Vegas' casino corridor for a hefty price. Greg Maffei, president and CEO of F1 parent Liberty Media Corp., said in an earnings call Friday that Liberty has entered an agreement to acquire 39 acres east of the Strip for $240…

Land-based ・ 06 May 2022

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The BlackBook Motorsport

F1 pays $240m to acquire city site for Las Vegas paddock

How F1 would find the space to house the paddock and other infrastructure such as hospitality in the centre of the city has been one of the main question marks surrounding the race. The city authorities agreed that the streets can be used, but most of the land adjacent to the track belongs to casinos and other businesses. Teams were told recently…

Travel ・ 06 May 2022

Lifestyle

Will Formula One's Las Vegas gamble pay off?

LAST PUBLISHED06.04.2022 | 07:30 AM IST Formula One is returning to Las Vegas. Last week, F1 announced that the glitzy streets of Las Vegas, Nevada would host a night street race from the 2023 season. The Las Vegas Grand Prix will take place on a Saturday next November and be one of three races in the US, joining the ones at Miami and Austin, a…

Land-based ・ 06 April 2022

Daily Mail Online

F1: Las Vegas Grand Prix confirmed for next year as racing chiefs hit jackpot with first £1bn deal

Formula One hit the jackpot in Las Vegas last night by sealing what is likely to represent the first £1billion deal in the sport's history. After months of negotiations, F1 chief executive Stefano Domenicali flew from London to Sin City's iconic Strip to announce the Las Vegas Grand Prix will join the calendar next year. In a break with recent…

Winnings ・ 31 March 2022

The Times Hub

The link between online gambling and Formula 1

Car racing and gambling - It would seem that these two entertainment spheres are in no way connected with each other. However, back in 2016, when it only became known about the planned purchase of Formula 1; American company Liberty Media, its executive director Greg Maffei announced the development of the project in the digital sphere. Gambling…

History ・ 11 March 2022

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