The property just off of the south end of the casino-lined Vegas strip has been sitting largely unused since the purchase in a bankruptcy auction last July, but tribal leadership is considering a host of possibilities for the investment.
LAS VEGAS (AP) The purchase by a California-based Native American tribe of a casino resort just off the Las Vegas Strip is being seen a milestone in the evolution of Indian casino ownership in city at the center of U.
Las Vegas goes back to the future
30th April 2021
| By contenteditor
Since reopening from their Covid-19 shut-down in June 2020, Las Vegas casinos have been effectively pushed back to the past, with their offerings limited to gaming as capacity limits and social distancing prevented them from offering amenities. Now, with capacity limits rising to 80% from 1 May, entertainment, conferences and clubbing can join the recovery effort.
By Buck Wargo
Las Vegas takes a step closer to normalcy on Saturday when it expands to 80% of its capacity and prepares for the return of full-scale entertainment this summer a big milestone since non-gaming amenities set the city apart from other US casinos.
As the national COVID-19 vaccination rollout continues, older gamblers, often with more money and time than younger visitors, gradually are returning to Las Vegas, industry experts say.
Tourists pose for pictures near the iconic welcome sign at the southern end of the Las Vegas Strip. Tourism officials are optimistic that visitor volume will increase soon. (Image:
Las Vegas Review-Journal)
Lorenzo Fertitta, vice chairman of Red Rock Resorts board, said during a recent earnings call that this demographic is “anxious to come back,” according to the
Las Vegas Review-Journal.
“They seem to be in pretty good shape from a financial standpoint because they just haven’t been spending their money,” Fertitta said. “There’s a lot of disposable income there.”