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Iconic Bonanza Gift Shop sold for whopping $50M

An iconic strip property was just sold for a staggering price. According to Clark County records, the Bonanza Gift & Souvenir Shop was sold for $50 million.

Bonanza Gift & Souvenir Shop, located on the corner of Las Vegas Boulevard and Sahara Avenue, has been in that spot forever.

According to Clark County records, the self-proclaimed 'world's largest gift shop' property was sold Friday to an area businessman.

The selling of the Bonanza Gift Shop is just one of many changes to the north end of the Las Vegas Strip. The Lucky Dragon is set to host their grand opening in December. The World Resorts is also slowly coming together on the north end.

However, shoppers at the Bonanza Gift & Souvenir Shop who 8 News NOW spoke with said, the store has been around for ages, so they hope the new owner will keep things the same... Read More

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Jagger's laryngitis cancels Wednesday's Rolling Stones concert at T-Mobile Arena

A case of laryngitis has caused the Rolling Stones concert on Wednesday, October 19 to be canceled.

In a statement released to 8 News NOW Tuesday night, AEG Live said, "We regret to inform you that The Rolling Stones concert scheduled for Wednesday, Oct. 19 at T-Mobile Arena has been canceled. Lead vocalist Mick Jagger has come down with laryngitis and has been advised by doctors to rest his voice."

At this time, it's unclear when the concert will be rescheduled, but AEG LIVE said, "We hope to have information about the possibility of rescheduling this date very soon."

Ticket holders are encouraged to wait for that information before seeking refunds.

No word on the status of the concert scheduled for Saturday, October 22... Read More

Not guilty plea in fatal car-to-car Las Vegas Strip shooting

An ex-convict pleaded not guilty to charges that could get him the death penalty in a car-to-car shooting that authorities say killed two California women and critically wounded a man last February near the Las Vegas Strip.

Omar Jamal Talley's trial was set for November 2017 after a hearing Tuesday at which Clark County District Court Judge Jennifer Togliatti was told that defense attorney William Skupa will continue to represent him.

Skupa didn't immediately respond to messages.

Talley faces murder, attempted murder and felony weapon charges in the Feb. 19 shooting that police and prosecutors say followed argument in a parking structure at the Miracle Mile Shops at the Planet Hollywood.

Talley later told police that he was drunk and high on marijuana and didn't recall leaving the parking garage... Read More

Las Vegas casino execs back stadium for Raiders

Casino executives from Wynn Resorts, Caesars Entertainment and MGM Resorts International are urging Nevada lawmakers to support a convention center expansion and a Las Vegas stadium plan backed by one of their competitors.

Steve Wynn said Monday that there's been no single thing in his career that could transform Las Vegas as much as the arrival of professional sports.

He said the proposed 65,000-seat stadium, which could house the Raiders of the NFL, would underwrite the employment security of tens of thousands of people in Nevada.

MGM Resorts International CEO Jim Murren and Caesars Entertainment Executive Vice President Jan Jones Blackhurst also spoke highly about the project.

Lawmakers are meeting in a special session to vet public financing for a stadium supported by Las Vegas Sands casino owner Sheldon Adelson... Read More

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Campaign to boost Vegas' reputation as top wedding destination kicks off in 2017

Las Vegas isn't just the "entertainment capital of the world," it's also hugely popular with couples looking to get married.

Clark County Commissioners met Tuesday to discuss Las Vegas' future as a wedding hot spot. More couples use Las Vegas as a wedding destination than any other city in the U.S., but even with that, marriage licenses in Clark County have decreased from 2004 to 2014.

Part of the decrease is a nationwide trend due to more people waiting until later in life to get married. Overall, there is a national decline in marriages, but Las Vegas wants to tackle this issue from a marketing standpoint by getting more couples to come to the city as a destination for their wedding rather than staying close to home.

County leaders know there are a few issues that need to be ironed out ahead of a marketing blitz... Read More

Campaign to boost Vegas' reputation as top wedding destination kicks off in 2017

Las Vegas isn't just the "entertainment capital of the world," it's also hugely popular with couples looking to get married.

Clark County Commissioners met Tuesday to discuss Las Vegas' future as a wedding hot spot. More couples use Las Vegas as a wedding destination than any other city in the U.S., but even with that, marriage licenses in Clark County have decreased from 2004 to 2014.

Part of the decrease is a nationwide trend due to more people waiting until later in life to get married. Overall, there is a national decline in marriages, but Las Vegas wants to tackle this issue from a marketing standpoint by getting more couples to come to the city as a destination for their wedding rather than staying close to home.

County leaders know there are a few issues that need to be ironed out ahead of a marketing blitz... Read More

Red Rock Resorts completes acquisition of the Palms Casino Resort

The sale of the Palms Casino Resort to Red Rock Resorts is complete, Station Casinos, the parent company, announced Monday morning.

The Palms was acquired for $312.5 million and brings the number of properties owned by Station Casinos to 20 in the Las Vegas valley.

"We are excited to welcome the talented members of the Palms team to the Station Casinos family. The Palms outstanding location, premium amenities and highly recognizable brand will allow us to provide a new level of excitement for local and visiting guests to Las Vegas," said Marc Falcone, Executive Vice President, Chief Financial Officer and Treasurer of Red Rock Resorts.

The Palms was opened in 2001 by the Maloof family and is known for some of its unusual hotel suites. One of the suites includes a basketball court... Read More