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New Las Vegas casino-resort pushes opening date to 2020

A long-delayed multibillion-dollar casino-resort project on the Las Vegas Strip that would cater to the city's Chinese tourism is pushing its opening date back another year.

Malaysia-based developer Genting Group on Wednesday said the proposed 3,000-room Resorts World Las Vegas will open in 2020 after overhauling its design to have a modern Asian flair and appeal to the younger generation of gamblers.

The $4 billion project on the Strip's northern end is expected to include a 100,000-square-foot casino, a variety of dining options with authentic Asian cuisines and abundant retail space.

The project's initial target opening was 2016. The Malaysian conglomerate bought the Las Vegas property in 2013 from Boyd Gaming, which had started building a hotel complex on the site of the former Stardust casino when the recession hit. ... Read More

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Another Las Vegas Strip hotel charges for parking

The Cosmopolitan Hotel and Casino is now charging people to park. Starting Tuesday, you will have to pay $13 to valet for the first four hours and $18 for the full day.

For self-parkers, the first hour remains free. But after that, the price will start at $7 and go up to $10 depending on how long you're there. Motorcycles remain free.

The Sands Corp. which owns the Venetian and Palazzo are the only ones not charging to park... Read More

Parking fees on the Strip, hurting or helping business?

It's almost been a year since MGM Resorts International broke with Las Vegas tradition and started charging customers to park.

There was an immediate outcry from locals. Some of them promising to boycott MGM and take their money elsewhere.

Well, how did that work out? And did it effect MGM's bottom line?

MGM started charging for parking last June. The company's annual earnings report for 2016 is 123 pages long. The only mention of how much money the MGM generated from parking is a footnote at the bottom of page 37.

They disclosed a 7 percent increase in other revenue "primarily" because of valet and self-parking fees implemented in June of 2016.

The other revenue, according to the earnings report was $1.143 billion.

The company didn't make that much from parking alone, that number includes net revenue from entertainment and retail at all of MGM's domestic resorts... Read More

British man deported home after prison in Trump attack case

Officials say a British man has been deported after nearly 11 months in U.S. custody for trying to grab a police officer's gun in a bid to kill presidential candidate Donald Trump at a campaign rally in Las Vegas.

An Immigration and Customs Enforcement spokeswoman said Michael Steven Sandford was escorted Wednesday by federal agents aboard a commercial aircraft for his flight home to England.

ICE spokeswoman Virginia Kice says Sandford overstayed a 90-day visa after entering the U.S. in June 2015.

Sandford is now 21. He pleaded guilty in September to being an illegal alien in possession of a firearm and disrupting an official function in the June 18 incident at a casino ballroom on the Las Vegas Strip.

A federal judge acknowledged in December that Sandford had been diagnosed with psychotic mental illness... Read More

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Stadium site expected to be lucrative to surrounding businesses

Dollar signs are attaching to the Raider Nation as far as businesses near the new stadium lot are concerned.

There is a lot of commercial real estate space around the stadium site located at I-15 and Russel Road which is west of Mandalay Bay.

In fact, the stadium site itself has become a very valuable piece of real estate. However, the value of the empty dirt lot has gone on a wild ride since the housing bubble burst, but the promise of the stadium had a two-pronged effect on the property and the land around it.

Look at last summer, for instance, around the time the stadium idea really took off: The preferred site at the time was on Tropicana just east of the Thomas & Mack Center. But then the Russell Road site emerged, quickly becoming the front-runner last August... Read More

Fountainebleau to receive wrap to cover up eyesore

One of the biggest eyesores on the Las Vegas Strip is getting a new look -- a cover up. Owners of the unfinished Fontainebleau have finally agreed to put a wrap around the first couple of floors that face Las Vegas Boulevard.

A permit to begin work on the wrap was issued Monday.

To tourists, the gleaming blue tower missing several dozen windows is merely a curiosity.

"I mean yeah it can be an eyesore, and I think it should be covered up," one tourist said.

But to locals, the unfinished Fontainebleau is a reminder of the worst of times, when the great recession halted work on what was supposed to be a 3,800 room resort on 24 acres along the north Strip.

Most of the exposed steel is covered, while other sections of the western face of the building area painted black, which should improve a look that has scared some tourist away.

"It's kinda sketchier here compared to the further end of the Strip," one tourist said... Read More

Raiders purchase site for Las Vegas NFL stadium

The Raiders development company Las Vegas Stadium LLC closed escrow Monday morning on its proposed 62-acre stadium site near Russell Road and I-15.

County Commissioner Steve Sisolak tweeted about the escrow closing.

The @Raiders @NFL have closed escrow today on their proposed 62-acre stadium site near I-15 & Russell Road. pic.twitter.com/0hlj5fBi1c

-- Steve Sisolak (@SteveSisolak) May 1, 2017

Russell Road has been the preferred site since efforts began to find a location for the $1.9 billion stadium. The Clark County Recorder's Office lists the value of the land at $77.5 million.

The Stadium Authority will meet again on May 22... Read More