It’s been a mystery on The Strip for fifteen years, but finally we have an opening date set for the Fontainebleau Las Vegas. The doors of the 67-story luxury resort and casino are now set to open in 2023… late 2023. Located at the north end of The Strip, the building sits 25 acres of prime real estate, and the facilities will consist of nearly nine million square feet. And although the project has been stalled for over a decade, the building is still about 75% complete. It’s close to the popular Las Vegas Convention Center, as well as the…

Masks have been an indoor requirement since this past summer for casinos across Nevada. However, most people even wear their masks out on the Vegas Strip, although technically that’s not a requirement. Now, with the threat of a Las Vegas Omicron surge, the mask mandate is getting an update. Duane Young, the Governor’s policy adviser, recently held a press conference where the updated mandate was unveiled. Moving forward, masks are still required while indoors, without regard to anyone’s vaccination status. This will remain in effect at least through the winter months, which has traditionally been the worst time for flu…

In 1946, Benjamin “Bugsy” Siegel and business partner Meyer Lansky famously opened the Flamingo Las Vegas Hotel intending to bring Hollywood glam to the desert. They created the first resort-style hotel on the Strip and forever changed Las Vegas. Flock to Flamingo Las Vegas as the “Forever Fabulous” resort at the heart of the Strip celebrates its milestone 75th anniversary. Now through the end of the year, guests can enjoy anniversary-themed offers at the resort, from a social media sweepstakes to hotel, spa and wedding packages. The Flamingo will also honor its dedicated Team Members with 75 Days of Appreciation….

MGM Resorts brought on over $2.7 billion in revenue for the third quarter of this year. However, the company still wants to sell their Mirage Casino and Hotel property on the Las Vegas Strip. Their announcement does come as a bit of a surprise if you consider the earnings report they just released showed revenue growth of 140%. Also, MGM Resorts did just purchase the operational rights to The Cosmopolitan property on the Strip at City Center. Their CEO, Bill Hornbuckle, stated that MGM had another strong quarter which was primarily due to domestic operations, adding that the results showed…

The Blackstone group is once again looking to the sell their Cosmopolitan Las Vegas property. And all you need to add this resort to your portfolio is a meager $5 billion… maybe more. It’s being reported that Apollo Global is exploring an offer. Another potential partner is MGM Resorts International. However, representatives for Blackstone, Apollo and MGM all declined to comment. Blackstone, the New York-based investment firm, tried two years ago to find a buyer at $4 billion or more. Prices for Las Vegas casinos have continued to rise despite the pandemic as real estate investment trusts purchase properties and…

In what may be a no-brainer, Las Vegas casino workers are excited about the likelihood of the city returning to full capacity by the start of next month. The Governor recently announced that June 1st was the target date for 100% occupancy at gambling establishments. The Vegas Strip has seen some amazing changes over the last year or so. Casinos have been forced to adjust to capacity limits. Those limits make it extremely difficult for not only casinos, but bars, restaurants and shows to make a profit. If full capacity is allowed by June 1st, it seems tourists are divided…