Nevada

Chilean company exits $120 million Strip property deal

Chilean company CB Investments SpA was planning to develop a hotel-casino on the Strip near the Las Vegas Convention Center’s West Hall but has withdrawn from the $120 million deal due to allegedly high mortgag...

Another Triumphant Year For Nevada’s Gaming Industry

As December draws to a close, Nevada casinos have already gained in gaming profit what was lost in record performance from 2021. However, December's gaming profit has yet to be analyzed and reported. Increas...

VICI Properties acquires Foundation Gaming’s properties for $293 million with 8.3% capitalization rate

Real estate investment trust, VICI Properties Inc., has purchased the real estate assets of the Fitz Casino & Hotel (“Fitz”), located in Tunica, Mississippi, and the WaterView Casino & Hotel (“WaterView...

Fontainebleau Developers Acquire $2.2B Financing to complete Strip resort

On Friday, December 23, the founders of the long-postponed Fontainebleau Las Vegas project publicly announced that they have acquired a $2.2 billion construction loan to complete construction of the Fontaineble...

Maverick Gaming purchases four properties in Washington in $80.5 million investment

Fast-growing gaming company, Maverick Gaming LLC, has announced the purchase of four card rooms in Washington State. Chips Casino in Lakewood, Goldies Casino in Shoreline, Palace Casino in Lakewood, and Riversi...

Hard Rock takes over The Mirage from MGM for $1.1 billion to change Las Vegas skyline

The iconic volcano attraction of the Las Vegas Strip, The Mirage, has officially changed ownership. Following the approval of the Nevada Gaming Commission, the giant Hard Rock International closed the purchase ...

WynnBET digital sports betting license granted by Massachusetts regulator

On Tuesday, December 13, Massachusetts gaming regulator granted a digital sports betting license to Wynn Resorts Las Vegas-based subsidiary, WynnBET, making it the state's first legal digital sports betting ope...

Caesar’s 54th WSOP tournament returns to Las Vegas in 2023

Following a successful 2022 series that featured 197,626 participants from more than 100 countries and the largest prize pool to date of $347.9 million, Las Vegas-based Caesars Entertainment has publicly announ...

Station Casinos plans to build 600-room hotel and casino in Henderson

Station Casinos, a subsidiary of Red Rock Resorts and flagship hotel and casino company based in the Las Vegas suburb, Summerlin South, Nevada, has publicly announced its intention to double its presence in Sou...

Station Casinos set leaders for Durango resort

The grand opening of Durango Resort in southwest valley in Las Vegas, a deluxe resort destination developed by Station Casinos and its subsidiary Red Rock Resorts Incorporated, is less than a year away! With...

Las Vegas Sands looking at Long Island sites for casino’s permanent location

Las Vegas Sands Corporation, one of the largest gambling operators in the world, is looking for a location in Long Island to build a casino following the suggestion of its senior vice president, David A. Paters...

Hard Rock discloses plans to close The Mirage, renovate and grow property

Florida-based Hard Rock International, which is operated by the Seminole Indian Tribe, has publicly announced it's intention to close Las Vegas-based, The Mirage, renovate the entire three-wing hotel and casino...