News

Caesars Entertainment has floated a potential sale of its primary property. It is not known whether buyers are lined up, or if individual assets will be sold separately. But speculation is rampant. Phil Ruffin, owner of Treasure Island, has hinted at interest in acquiring some of Caesars’ assets, though refrained from divulging what he wanted. The portfolio of Caesars is considerable, and presents a unique opportunity for investors, and a potential for monopolizing the Strip. Read more…

It is no secret that Las Vegas is competing on the world stage. The big casinos which have helped make Sin City have turned an eye to Asia, hoping to expand in Macao and reap huge profits. But the numbers may be too good to be true. Attempts by Macao to mimic Las Vegas are falling flat. The new bridge projects have allowed for millions of tourists to pour into Macao, but local services are proving unable to keep up with demand. Read more…

Luxury real estate brokerage firm Colliers International │ Las Vegas will market and sell a 38-acre parcel of Las Vegas Strip real estate, situated opposite Mandalay Bay. Mike Mixer, SIOR and Mike Stuart are the listing representatives. “This is a rare opportunity to own part or all of a prime development site on the iconic Las Vegas ‘Strip,’ the home to six of the 10 largest resorts in the world,” said Mixer. Read more…

Las Vegas is a culinary capital, and has turned its most recent attentions toward an American favorite. Though there are many fine establishments bringing quality and variety to the dining options of locals and tourists alike, the newly envisioned Pizza Festival plans to take things up a notch. “We’ve proven to the outside world that this is a good pizza city,” said John Arena, co-owner of Metro Pizza, “but the locals don’t see that. Read more…