Golden Gate owners have taken advantage of the prolonged economic downturn to give the 105-year-old downtown hotel-casino a face-lift, repositioning the property as a boutique hotel on Fremont Street. Their latest project is a high-definition surveillance system for the casino.
Casinos & Gaming
CityCenter condominium sales, once anticipated to be a $2.7 billion venture, brought in $490 million in 2010, according to MGM Resorts International’s year-end financial release. The 67-acre Strip development has three high-rise residential developments: Mandarin Oriental, Vdara and Veer Towers.
Trump Entertainment Resorts agreed Monday to sell its Trump Marina Hotel Casino to the Texas-based parent company of the Golden Nugget Las Vegas and Laughlin for $38 million.
An eerie, disturbingly uncomfortable hush fell over the audience Friday at Preview Las Vegas 2011 after speaker Jeremy Aguero finished his tale about the rise and fall of a great economy.
Wynn Resorts Ltd. on Thursday reported better-than-expected profit and earnings in the fourth quarter, which the casino operator attributed to improving business conditions in Las Vegas and robust growth in Macau.