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Newest Nightclub and Restaurant Opens at MGM Grand

Newest Nightclub and Restaurant Opens at MGM Grand

The ribbon has been cut on the newest dining and nightlife experience in Las Vegas.

Hakkasan Las Vegas opened its doors Thursday at the MGM Grand. The club features five levels entertainment.

"We just haven't built another nightclub. We've actually built an iconic piece of real estate on the corner of the Las Vegas Blvd," CEO of Angel Management Group Neil Moffit said. "I think we have something that really moves the needle, moves the barrier, pushes the boundaries of nightlife and entertainment. I think that is what Las Vegas is all about."  

The new club is a partnership between Angel Management Group, MGM Resorts International and Hakkasan Ltd.

Moffit said the Hakkasan is an international brand which is well known by global travelers.There are outposts in London, New York, Dubai and Mumbai.

The opening weekend parties will feature some of the biggest DJ's in the world.

Former Sands Exec Turns on Adelson in Testimony

Former Sands Exec Turns on Adelson in Testimony

 

LAS VEGAS (AP) -- The former No. 2 at Las Vegas Sands Corp. is scheduled to be back on the stand Thursday to continue testifying about his former boss, Sheldon Adelson.

William Weidner testified Wednesday that the 79-year-old Sands CEO treated him poorly, sought to silence him, and nearly drove his own company to bankruptcy.

Weidner was president and chief operating officer at Sands in the early 2000s when Richard Suen claims he helped the company enter the Chinese gambling enclave of Macau.

Suen is seeking $328 million in a breach of contract suit.

In one of several direct contradictions of Adelson's earlier testimony, Weidner said Suen had in fact provided valuable help and deserved compensation for his work.

Weidner testified in an earlier trial in 2008, but was still employed by Sands at the time.

New Details About Changes to Bill's Gambling Hall

New Details About Changes to Bill's Gambling Hall

 

Caesars Entertainment is providing more details about the changes coming to Bill's Gambling Hall and Saloon

Company officials announced Monday that the hotel casino will be known as Gansevoort Las Vegas. Besides a name change, the resort is being remodeled to give the property a more luxurious feel.

Resort officials say Gansevoort is a brand known for its luxury lifestyle and guests will see drastic changes inside the resort.

"It is a Parisian theme for the hotel, really more of a Paris-apartment feel. And Gansevoort is an amazing partner who will bring celebrity and lifestyle guests into the hotel, which is a unique offering for Caesars Entertainment," vice-president of hotel operations Karie Hall said.

Nightclub mogul Victor Drai is also building a dayclub and nightclub on the roof of the new property, as well as bringing back his after-hours club to the basement.

Convention Business Credited for Valley Visitor Increase

Convention Business Credited for Valley Visitor Increase

 

According to Las Vegas economists, 2012 was a big year for the valley with 800,000 more visitors coming to the Las Vegas Strip.

Economists say convention traffic played a big role in those increasing numbers.

An estimated $4.1 billion was generated by the convention industry last year as the city played host to 10 major shows. The Las Vegas Convention Center alone accounted for about one in four convention visits.

However, it is not just spending at the actual convention. It is also the spending convention-goers do outside the convention hall.

"I did some gambling at the slot machines, and went to the buffet there," vendor Steve Lee said.

That is the type of spending that helps boost the Strip's bottom line and supports nearly half of the valley's workforce, Jeremy Aguero with Applied Analysis said, during a presentation to the Las Vegas Convention and Visitors Authority Tuesday.

MGM Resorts, AEG to Develop Indoor Arena in Las Vegas

MGM Resorts, AEG to Develop Indoor Arena in Las Vegas

 

LAS VEGAS (AP) -- MGM Resorts International and AEG say they've reached an agreement to develop a privately funded, 20,000-seat indoor arena in Las Vegas.

The companies said the arena will be built on land west of the Las Vegas Strip, between the New York-New York and Monte Carlo hotel-casinos. The facility will anchor a revitalization of the area and new shops and restaurants will be included in the project.

The estimated value of the build wasn't disclosed. It's expected to be financed with equity contributions from MGM Resorts and AEG and with funds from third parties.

 

The Quad Getting New Sign

The Quad Getting New Sign

 

The newly renamed resort The Quad Resort & Casino will be getting its new signs Tuesday.

The new signs will take about two weeks to be installed. The sign will include the Quad logo, which the resort's owners Caesars Entertainment says depicts the resorts unexpected and playful vibe.

The resort was formerly the Imperial Palace. It was renamed and remodeled as part of the Caesars' Linq project, which is a multi-million dollar retail, restaurant and entertainment development between The Quad and the Flamingo Las Vegas.