Jillian's At Neonopolis Closed For Possible Star Trek: The Experience

Jillians Las VegasJillian’s at Neonopolis in downtown Las Vegas, Nevada closed for possible Star Trek : The Experience.  The live music, arcade, restaurant and bar has been open since 2002 through tough times Neonopolis has experienced.

The last function for the venue was a concert last Thursday night and restaurant operations for Jillian’s ended on November 14, 2008.

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MGM Mirage Will Develop A Vegas Style Vietnam Casino In $4.2B Resort

Project CityCenter Las VegasMGM Mirage will develop a Las Vegas style Vietnam casino in a $4.2 billion resort.  The gaming operator will be working with the Asian Coast Development for its most recent business partnership for a MGM Grand hotel casino within the Ho Tram Strip.

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Strippers Rejoice: Employment By A Penthouse Brand Las Vegas NV Hotel

ModelStrippers rejoice with possible employment by a Penthouse Brand Las Vegas NV Hotel.  The Penthouse CEO has gone public with a possible real estate purchase on the Las Vegas Strip.  Watch out casino operators, the men’s magazine could put a new spin on attracting visitors to their casino.

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Las Vegas St. Regis Residences By Sands Corp Stops Condo Construction

St Regis ResidencesLas Vegas St. Regis Residences by Sands Corp stops condo construction and some real estate expansion in China.  The $1.8 billion in capital expenses reduction is a necessity or some of the gaming operator’s loans could be in default and end up in bankruptcy.

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Fontainebleau Las Vegas Hotel Condo Might Find Difficult To Fund Loan

Fontainebleau Las VegasFontainebleau Las Vegas hotel condo might find it difficult to fund its retail loan.  Condo presales at Fontainebleau were expected to raise between $700 and $900 million before the mortgage crisis earlier this year.

Although, analyst have told investors the $2.9 billion real estate project on the Strip has funding for the proposed hotel opening in late 2009.

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Las Vegas Land Prices Plummet Near A Record Devaluation Of 74 Percent

Focus Property GroupLas Vegas land prices plummet near a record devaluation of 74 percent due to the real estate market and higher than normal commercial real estate vacancy rates.

Third quarter real estate sales this year have been 427 acres for an average price of $524,725 an acre.  This is a massive decrease from the 2007 same quarter totals.

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