#Oak View Group

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…

Land-based ・ 09 August 2023

The Mercury News

What’s coming to Las Vegas casinos and resorts in 2023

In 2022, Las Vegas announced several new projects coming to The Strip and beyond. Many acquisitions, such as Hard Rock's purchase of The Mirage, have become more official, while Station Casinos plans to build several properties by 2030, including Durango Casino & Resort, which will open late next year. The results of those construction plans, new…

Land-based ・ 06 January 2023

Los Angeles Daily News

Las Vegas: What’s coming to casinos and resorts in 2023

In 2022, Las Vegas announced several new projects coming to The Strip and beyond. Many acquisitions, such as Hard Rock's purchase of The Mirage, have become more official, while Station Casinos plans to build several properties by 2030, including Durango Casino & Resort, which will open late next year. The results of those construction plans, new…

Land-based ・ 30 December 2022

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…

Land-based ・ 28 November 2022

Wild Casino

$5,000 Welcome Bonus

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96.3 KKLZ

Vegas Is Possibly Getting 'NBA Ready' With New Arena Project

It looks like Las Vegas could very likely get an NBA team. And there's already an arena project planned to accommodate. Basketball columnist Jon Canzano recently predicted that the NBA is going to announce two new expansion teams when its current media rights deal expires (TheStreet). That will occur in 2024, which gives Las Vegas less than two…

Travel ・ 15 November 2022

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…

Land-based ・ 14 November 2022

The Street

This Could Change the Las Vegas Strip Forever (In a Good Way)

Scarcity creates value. That's how collectibles, precious metals, and most certainly real estate work. That's why properties on the Las Vegas Strip have been selling for ever-higher prices. It takes a lot of land to build a resort casino, shopping area, entertainment venue, or even an arena that can compete with what Caesars Entertainment (CZR),…

Land-based ・ 31 October 2022

Construction Dive

$550M hotel-casino latest in Las Vegas entertainment push

Demand for entertainment and hotel projects in Sin City, like the Dream Las Vegas, remain strong despite economic headwinds and signs of cratering consumer confidence. That's because the nonresidential construction sector could weather these economic headwinds better than others due to its longer planning and funding timelines, said Bill Shopoff,…

Religion ・ 26 October 2022

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Yogonet

New Strip casino-resort Dream Las Vegas to break ground next to airport on Friday

The Strip is about to get a new casino-resort on Las Vegas Boulevard, next to the airport. A ceremonial groundbreaking announced by Developers of Dream Las Vegas will take place on Friday, thus marking the beginning of the531-room property's construction, which is expected to open in late 2024. The project's price tag is near the $550 millionmark…

Land-based ・ 23 July 2022

The Peterborough Examiner

Peterborough native Randy Morton named president of Las Vegas Hotel and Casino

When Randy Morton was working in his uncle's small Peterborough hotel back in the 1970s he had no idea the journey he was going to be on and continues to take. Last month the Peterborough native was named president of a multi-billion dollar hotel/casino complex in Las Vegas, a place he is no stranger to and has lived for more than 20 years. Morton…

Land-based ・ 05 July 2022

Yogonet

Oak View Group hires two executives to drive $3B Las Vegas Strip casino complex and NBA-ready arena project

Details of a planned $3 billion entertainment district, spanning 25 acres south of the Las Vegas Strip, have now been unveiled by Oak View Group. The project is set to include an 850000-square-foot arena, casino, hotel and amphitheater. The arena could eventually be home to a Las Vegas professional basketball franchise. The project, which was, will…

Land-based ・ 27 June 2022

The Street

Huge Las Vegas Strip Development Brings Sin City NBA Dream Closer

Just a few years ago, Las Vegas was off-limits for professional sports. Sin City offered sports gambling and all the major sports leagues saw that as a deal-breaker since athletes betting on games would undermine their integrity. Then, in 2018, the United States Supreme Court issued a decision that pushed the question of whether sports gambling…

Religion ・ 26 June 2022

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Celebrity Access

Oak View Group Hires Marc Badain and Randy Morton to Lead Las Vegas Arena, Hotel and Casino Project

LAS VEGAS, NV (CelebrityAccess) - Oak View Group (OVG), the global venue development, advisory, and investment company for the sports and live entertainment industries, today announced the appointment of seasoned casino/resort executive Randy Morton as President, OVG Las Vegas Hotel and Casino; and veteran sports industry executive and former…

Land-based ・ 15 June 2022

Star Advertiser

Las Vegas Advisor: Developer announces plans for giant $3B casino/arena

Plans have been announced for a $3 billion integrated resort that will include a $1 billion, 20000-seat arena, with an eye toward "aggressively pursuing an NBA franchise, should one become available." The developer, Oak View Group, built and operates several major arenas, including the homes of the NHL's Seattle Kracken and New York Islanders. In…

Travel ・ 17 April 2022

The Real Deal

Oak View bets on Las Vegas with $3B casino, hotel and arena plan

A $3 billion casino, hotel and arena complex planned for Las Vegas would land miles south of its famous Strip. Oak View Group, a global developer of sports arenas, plans to build a 25-acre entertainment hub for high rollers on Las Vegas Boulevard, four miles from the nearest Strip casino of Mandalay Bay, Bloomberg reported. Groundbreaking is set…

NFL ・ 02 April 2022

REBusiness Online

Oak View Group Unveils Plans for $3B Arena, Casino Project South of the Las Vegas Strip

LAS VEGAS - Oak View Group has unveiled plans for a $3 billion entertainment district spanning 25 acres south of the Las Vegas Strip. The project will be located at the intersection of Interstates 15 and 215, and is set to include an 850000-square-foot arena, casino, hotel and an additional entertainment venue. The arena will host upwards of 20000…

Land-based ・ 31 March 2022

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Billboard

Oak View Group Reveals Plan for $3 Billion Complex and Arena in Las Vegas

Live entertainment development company Oak View Group is putting its stamp on Las Vegas. Today, the company announced its plan for a newly developed entertainment district in Las Vegas, which will include a brand-new arena. Groundbreaking and construction of the estimated $3 billion campus will begin next year. The 25 acres, which is located on…

Industry ・ 30 March 2022

8 News Now

New 20,000-seat arena, hotel, and casino announced for Las Vegas

LAS VEGAS (KLAS) - The Oak View Group announced early Wednesday morning it plans to build a $3 billion development south of the Las Vegas Strip. According to a post on the company's Twitter page, the development will be a "multi-purpose Retail & Entertainment district south of the Las Vegas strip that will include a 20000-seat Arena, Casino, Hotel,…

Industry ・ 30 March 2022