Station Casinos’ corporate name will be Red Rock Resorts after IPO http://vegasinc.com/business/gaming/2016/jan/21/regulators-approve-station-casinos-initial-public/ http://www.bloodyelbow.com/2016/1/19/10789200/frank-lorenzo-fertitta-take-red-rock-resorts-public-ipo-ufc-news
http://www.reviewjournal.com/news/las-vegas/someone-wants-spend-188000-10000-cash
Las Vegas smashes tourism record
Last week MGM Resorts International announced they will carve out a REIT from their operations to be called MGM Growth Properties. This is the first major Las Vegas strip property owner to clearly give intentions on REIT creation. Caesars has a… Continue Reading
The SLS Las Vegas is poorly positioned to target Las Vegas locals. If you’re coming from the west side of the highway, you have to take Sahara towards the strip, which is an unpleasant drive in major traffic. The neighborhood… Continue Reading
Paragon Gaming approved to take over Westgate Las Vegas operations
Gaming investors will be watching closely as Station Casinos controlling shareholders the Fertitta family consider ways to unlock value following bankrupcy re-orginizations a few years ago. The company is reportedly on solid financial footing since the time bondholders converted to equity… Continue Reading
Association of Gaming Equipment Manufacturers (AGEM) Hails Passage of Senate Bill 9 in Nevada That Ushers in New Era of Gaming Entertainment
Las Vegas Moves the Action Outside
Penn National will buy the Tropicana Las Vegas for $360 million, in a deal that will close in stages over a period of two years. This deal will give Penn a long sought presence on the Las Vegas strip, and… Continue Reading
