Tag: las vegas
Las Vegas Stratosphere to Re-Brand
The Las Vegas Stratosphere Casino, Hotel & Tower is embracing a new era of its history as one of the most recognizable features on the Strip with a planned rebrand as part of the property’s ongoing makeover. The Stratosphere will be renamed as The STRAT Hotel, Casino and Skypod, it became known earlier this week. Nevada-based gaming company Golden Entertainment purchased the iconic property in 2017 and announced a $140 million renovation that kicked off last summer with casino floor upgrades. Mr. Arcana has further pointed out that while they will reimagine the resort “through a comprehensive remodel that spans”…
Major League Baseball in Las Vegas Possible
The possibility of having Major League Baseball in Las Vegas seemed unlikely six years ago. While giving a deposition in a New Jersey sports betting case, then-Major League Baseball Commissioner Bud Selig spoke steadfastly against ever placing a franchise in Las Vegas and railed against gambling as “evil.” Today, a group is working with investors to build a stadium and bring a major-league team to Las Vegas. Those efforts come as Selig’s successor, Rob Manfred, calls Las Vegas a viable market for the sport and baseball’s decision-makers descend on the city for the league’s Winter Meetings at Mandalay Bay from…
Las Vegas Poker Rooms Raking Millions Over Summer
The 18 Las Vegas poker rooms on the Strip took in $8.6 million worth of rake from their cash games in July this year. That’s according to Nevada state figures. The revenue was off slightly from the $8.9 million raked in July 2017. June of this year saw Strip-area poker revenue of $14.1 million, up more than six percent year-over-year. June’s statewide total of about $17.5 million nearly broke the single-month record. Over the 12 months prior to Aug. 1, 2018, the Strip-area poker rooms took in $79.5 million, up more than two percent compared to the same period a…
MGM Las Vegas Reaches Agreement with Union
The Culinary Workers Union Local 226 says it has reached a tentative agreement with MGM Las Vegas. The news was announced by the union – which covers half of the 50,000 employees threatening to strike in Las Vegas – in a tweet late Saturday. This comes after Friday’s announcement labour union and the other big casino employer threatened by the job action, Caesars Entertainment, was reached Friday afternoon. “BREAKING. We are pleased to announce that a tentative agreement has been reached with @MGMResortsIntl ,” read the late-night announcement on Twitter. “The historic new 5-year contract covers approximately 24,000 workers at…
Las Vegas Not Concerned with Sports Betting Reform
You can’t miss the world’s largest sports-betting parlor, just past the bronze Elvis statue at the Westgate Las Vegas Resort and Casino. It’s a glitzy temple to the big business of laying odds on college and pro games, with 400 cushy leather seats and a massive wall of video screens. Westgate spent $18 million building it two years ago. And now that the U.S. Supreme Court has put an end to Nevada’s near-monopoly on sports wagering? To hear Westgate executives tell it, no problem. “We look at it as an opportunity,” said Jay Kornegay, vice president of race and sports…
777-Room Las Vegas Casino and Hotel Planned for Downtown
A planned downtown Las Vegas casino will feature a 459-foot-tall, 777-room hotel tower and 117,740 square feet of gaming space where the Las Vegas Club once stood on Fremont Street, according to documents submitted with the city. Derek Stevens, owner of The D casino downtown, is listed as owner and chief executive officer of the 18 Fremont project, a reference to the property address. According to documents filed with the Las Vegas Planning Commission, the property will have a 1,526-space parking garage across Main Street that will be connected to the casino via a sky bridge. More about the new…