May 14, 1999 |
Billionaire Sheldon Adelson, whose ultra-posh Venetian resort on the Las Vegas Strip wasn't quite ready for its debut last month, will open his opulent $1.5-billion property a second time in June. "Nobody ever built a property like this before," Adelson said of the massive resort that features canals, gondolas, singing gondoliers and the largest, most luxurious rooms on the Las Vegas Strip.
January 17, 2001 |
Los Angeles developer Ed Roski Jr. filed a lawsuit accusing Park Place Entertainment Corp. of bad faith after the casino operator said that Roski had failed to complete the purchase of its Las Vegas Hilton property. Roski agreed in July to buy the Las Vegas Hilton for $365 million. But Park Place Entertainment said it has halted efforts to sell the hotel-casino and "intends to pursue its legal remedies" because Roski missed a Saturday deadline to complete the acquisition.
May 22, 1997 |
The only constant in Las Vegas these days seems to be the construction cranes. Buildings are going up, down and out faster than you can say, "Let it ride." In an effort to attract more people--and their expendable incomes--Las Vegas hotel-casinos are putting their money on a slew of new shops and attractions. Perhaps the most-hyped summer opening is Las Vegas Hilton's "Star Trek: The Experience," coming in August.
July 12, 2000 |
Casino operator Park Place Entertainment Corp. said it agreed to sell the Las Vegas Hilton to Los Angeles real estate developer Ed Roski Jr. for $365 million in cash, receivables and assumed debt. Roski, president and chief executive of closely held Majestic Realty Co., will pay $300 million for the property and equipment and about $6 million for working capital, Park Place and Roski said in a statement.