Tag: las vegas strip
Man Climbs Eiffel Tower on Las Vegas Strip
It’s not a weekend on the Las Vegas Strip until someone gets arrested! So, when a man decided it was time for an adventure at the Paris Casino, he looked up. Literally. Las Vegas police were called to a report of a man scaling the famous replica of the Eiffel Tower, located on the strip at the casino property. Officers ordered the man to comes down… and he did. Metro Police Officer Ocampo-Gomez stated that the man was taken into custody once he was back on the ground. There were no other details provided and life on the Strip went…
Wynn CEO Wants Las Vegas Strip Open in May
The head-honcho at Wynn Resorts says he wants to see the Las Vegas Strip open in early May… at least partially. Matt Maddox said that some resorts should open next month with “reduced occupancy” and various social distancing and sanitation protocols. Nevada Governor Steve Sisolak order all casinos closed for 30 days due to Coronavirus health concerns in mid-March. He later extended the closure end the end of April. It’s expected that Sisolak will reveal more about any potential plans for reopening later this week. While Maddox said he believes Nevada is “well-positioned” relative to other states with an eye…
Las Vegas Strip Could Become Hot Property Again
The idea of Las Vegas Strip real estate carrying a value of $30 million an acre or more has come and gone. This month’s sale of the former New Frontier site — once the Strip’s most expensive piece of real estate — is giving market speculators new hope that resort corridor land transactions could again become active. “It’s good to have something to talk about once again,” John Knott, executive vice president of CBRE and head of its Global Gaming Group, said Wednesday. The consulting and real estate division, which was part of several Strip land transactions in the 2000s,…
Las Vegas Strip is regaining footing
Las Vegas Review Journal – Stop the presses. Steve Wynn declared Las Vegas is on the road to recovery Thursday. At the outset of a first-quarter conference call with analysts, the Wynn Resorts Ltd. chairman and CEO said he was “feeling good about Las Vegas, better than I had in the past.” Wynn based his opinion on the company’s results from Wynn Las Vegas and Encore during the three-month period that ended March 31. The resorts’ overall revenue total — $380.9 million — was a 1.5 percent decline from a year ago and accounted for just 25 percent of the…
Judge Approves Demolition of Las Vegas Strip hotel
A judge has granted permission for owners of the CityCenter development to demolish a flawed, half-built Las Vegas Strip hotel tower on the Strip after developers completed a fourth round of testing on the building. Clark County District Judge Elizabeth Gonzalez approved CityCenter’s motion Friday, clearing the way for owners MGM Resorts International and Dubai World to raze the Harmon Hotel tower. CityCenter officials said they would immediately start planning for the demolition, which could happen within a year. The Harmon was supposed to be a 48-story Las Vegas Strip hotel, and a part of the glittery $8.5 billion CityCenter…