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Eastside Cannery Las Vegas hotel opens Thursday for Labor Day crowds.  Almost 1,100 casino employees have been working for weeks at the $250 million hotel casino.  This is something that other casino owners have decided not to do in these hard economic times and falling credit market.

To take advantage of the crowds for Labor Day weekend in Las Vegas, NV festivities the Eastside Cannery will hold a grand opening at 8 p.m on Thursday.  The owners hope local residents will visit because a road trip isn’t in their budget.

Continue reading Eastside Cannery Las Vegas Hotel Opens Thursday For Labor Day Weekend

Crown Las Vegas $5 million hotel casino resort has been canceled.

Crown gaming company from Australia said a joint venture for the site of the former Wet n Wild 27 acre site in Las Vegas real estate. The current credit market and struggling hotel neighbors on the Strip have concluded the project not financially viable.

Continue reading Crown Las Vegas $5 Billion Hotel Casino Resort Has Been Canceled

Crown spends $414 million into Stations Casinos and Harrahs Las Vegas. Crown Ltd. Is an Australian gaming company looking for partnerships in the local gaming industry.

James Packer, an Australian billionaire, controls Crown has paid $172 million for a 2.5 percent in Harrahs and $242 million for a 4.9 percent in Station Casinos Las Vegas for investment purposes.

Continue reading Crown Spends $414 Million Into Stations Casinos And Harrahs Las Vegas

Cannery Casino and Las Vegas NV hotel sold for $1.8 billion to Crown Ltd. Crown is a gaming company controlled by James Packer, an Australian billionaire.

The Las Vegas commercial real estate transaction will take approximately a year and a half for the Pennsylvania and Nevada regulators to approve the total acquisition of the Cannery Casino Resort.

As land in Las Vegas, NV increases, gaming assets become more valuable. With the strength of outside international investors, including Dubai World and Crown, will provide them with easy entry to the domestic gaming market in Las Vegas real estate.

Continue reading Cannery Casino And Las Vegas NV Hotel Sold For $1.8 Billion To Crown

Tallest hotel in the US has gained preliminary approval as Crown Las Vegas Resort hotel and casino by Clark County commissioners and the Federal Aviation Administration this week. It will be located in the old water park of Wet N Wild Las Vegas Nevada real estate near the Saraha hotel on the Strip.

The first architectural plan for the $5 billion mega resort and Las Vegas, NV hotel, included the tallest building west of the Mississippi, at 1,888 feet. The Crown Las Vegas Resort Hotel tower has been scaled down due to air traffic concerns to 1,064 feet, slightly smaller than the top of Stratosphere. The Stratosphere’s tower does not include any hotel rooms.

Continue reading Tallest Hotel In US Approved As Crown Las Vegas Resort Hotel & Casino

Milam Tower Las Vegas high rise condos Friday made a $40 million Las Vegas real estate option payment. Christopher Milam, Texas businessman, has designed a 1,888 foot luxury hotel condo tower on the land of the retired Wet ‘n Wild real estate next to the Sahara casino on the Strip.

Christopher Milam, Austin, Texas real estate developer of IDM Properties, is controlling the 27 acres of land option after the $40 million payment to Archon Corp. The very tall 142 story tower still needs a Federal Aviation Administration ruling.

Continue reading Milam Tower 1,888 Foot Las Vegas High Rise Condos Project Continues