Wynn CEO Craig Billings said the sales proceeds would “provide us with liquidity for several of our upcoming development projects and the potential to retire other debt.”
Eli Segall
Eli Segall joined the Review-Journal in August 2016 after covering real estate and other business topics for four years at the Las Vegas Sun. He also worked for the Silicon Valley/San Jose Business Journal, The Associated Press and other news groups. Segall has a bachelor’s in political science from the University of Michigan and a master’s in journalism from the University of Maryland. His awards include 2017 Story of the Year from the Nevada Press Association.
A major casino landlord in Las Vegas is set to acquire Australia’s Crown Resorts, whose largest shareholder ventured to America’s gambling capital over the years for several big deals.
A Reno developer has drawn up plans for a 1.9 million-square-foot warehouse and distribution complex along Interstate 15 in Jean.
Fueled by cheap money, Las Vegas is in a prolonged homebuying boom.
Nigro Development held a ceremonial groundbreaking last week for a 127-room SpringHill Suites.
Developer Jim Rhodes has sold a stretch of land west of Las Vegas that is said to have been eyed for a cemetery or other uses.
Southern Nevada’s fast-rising house prices set another all-time high in January, as last year’s hot streak carried over to the new year.
The Las Vegas-based carrier announced that President John Redmond will take on the additional role of CEO.
A contractor named Morry Mason linked the swanky Miami Beach hotel to America’s gambling capital.
Activity has been underway for some time at the long-unfinished hotel-casino project, which now has an “fb” logo near the top of the tower.
Bally’s, which is buying the Tropicana, announced that its board formed a committee to evaluate a buyout offer.
Developer CapRock Partners sold a 684,000-square-foot project near the 215 Beltway-Interstate 15 interchange.
The parent company of Allegiant Air reported $151.9 million in net income in 2021, compared to a loss of $184.1 million in 2020.
The rock star’s 11,000-square-foot house is priced at $13.5 million and features a courtyard entrance, floor-to-ceiling windows, a commercial elevator and direct views of the Strip.
Just over four years after Wynn Resorts announced it was acquiring land next to Fashion Show mall, it still hasn’t confirmed what it will do with that site.