LVfan
Member
Some doubters have tried to suggest the local economy is declining. Following projects suggest the economy is extremely healthy.
ON STRIP
MGM Grand undergoing $300 million room and suite remodel
KDH - Formerly called King David Hotel, 46 story Jewish-themed hotel planned for the Strip
The Mirage is being transformed into the Hard Rock Hotel & Casino and Guitar Hotel Las Vegas. In addition to the renovation costs, up to $80 million were allocated for severance packages for eligible union and non-union employees remaining with the property through the end of operations.
Caesars Entertainment investing nearly $1 billion in Las Vegas.
With a years long, multimillion-dollar reinvestment campaign well underway, the company continues to modernize its eight Strip properties with upgraded rooms, expanded dining options and refreshed casino floors. Spending spree has not been limited to Caesars Palace. On the opposite side of Las Vegas Boulevard, the historic Flamingo hotel-casino is undergoing a substantial transformation while preserving its nostalgic charm.
“Demand is still great,” McBurney said about his outlook for the market. “When we look ahead, we feel very bullish on Las Vegas.”
Casino executives across Las Vegas cite sports tourism as a major growth driver, and Caesars is no exception.
“It’s incredible what sports has done for the city,” McBurney said. “All of us strive to provide a reason for customers to want to come and visit us, and we’re all doing that in our own methods. What sports has done is given all of us just such a great reason for our customers from across the country and around the world to come to Las Vegas.”
https://www.reviewjournal.com/busin...ip-player-pumping-1b-into-properties-3307224/
DOWNTOWN
El Cortez just finished a $20 million renovation that includes more slots/tables, a high limit room, a restaurant and two new bars.
OTHER OFF STRIP
Durango - Adding a second tower
M Resort - Adding a second tower
Inspirada Station - City documents say the original approved resort is expected to consist of 58,000 square feet of gaming area, 6,670 square feet of banquet space, an 8,400-square-foot sportsbook, 201 hotel rooms, three specialty restaurants with outdoor dining, an eight-box food hall, four bars, a 12-lane bowling alley, a six-box movie theater and surface parking lot with 1,708 parking spaces.
https://www.reviewjournal.com/busin...-to-expand-casino-hotel-project-site-3304805/
ON STRIP
MGM Grand undergoing $300 million room and suite remodel
KDH - Formerly called King David Hotel, 46 story Jewish-themed hotel planned for the Strip
The Mirage is being transformed into the Hard Rock Hotel & Casino and Guitar Hotel Las Vegas. In addition to the renovation costs, up to $80 million were allocated for severance packages for eligible union and non-union employees remaining with the property through the end of operations.
Caesars Entertainment investing nearly $1 billion in Las Vegas.
With a years long, multimillion-dollar reinvestment campaign well underway, the company continues to modernize its eight Strip properties with upgraded rooms, expanded dining options and refreshed casino floors. Spending spree has not been limited to Caesars Palace. On the opposite side of Las Vegas Boulevard, the historic Flamingo hotel-casino is undergoing a substantial transformation while preserving its nostalgic charm.
“Demand is still great,” McBurney said about his outlook for the market. “When we look ahead, we feel very bullish on Las Vegas.”
Casino executives across Las Vegas cite sports tourism as a major growth driver, and Caesars is no exception.
“It’s incredible what sports has done for the city,” McBurney said. “All of us strive to provide a reason for customers to want to come and visit us, and we’re all doing that in our own methods. What sports has done is given all of us just such a great reason for our customers from across the country and around the world to come to Las Vegas.”
https://www.reviewjournal.com/busin...ip-player-pumping-1b-into-properties-3307224/
DOWNTOWN
El Cortez just finished a $20 million renovation that includes more slots/tables, a high limit room, a restaurant and two new bars.
OTHER OFF STRIP
Durango - Adding a second tower
M Resort - Adding a second tower
Inspirada Station - City documents say the original approved resort is expected to consist of 58,000 square feet of gaming area, 6,670 square feet of banquet space, an 8,400-square-foot sportsbook, 201 hotel rooms, three specialty restaurants with outdoor dining, an eight-box food hall, four bars, a 12-lane bowling alley, a six-box movie theater and surface parking lot with 1,708 parking spaces.
https://www.reviewjournal.com/busin...-to-expand-casino-hotel-project-site-3304805/
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