Downtown Grand Las Vegas News - Page 7

The Lady Luck casino in Las Vegas has been closed for three years and Mayor Oscar Goodman says it is a "disaster."

City-owned land that developers want to buy in conjunction with a revival of the downtown Lady Luck casino could fetch twice as much money as originally thought -- although critics of the plan say the city could get even more.

Operators of the closed Lady Luck took another, albeit small, step toward reopening the downtown hotel and casino.

The Hollywood-based developers taking over the Lady Luck hotel and casino hope to reopen the shuttered property within two years and transform a segment of downtown that's been losing steam since early 2006.

Developers of the shuttered Lady Luck and Las Vegas officials have outlined an ambitious schedule to revive the troubled Lady Luck hotel and casino.

CIM Group, the largest commercial landlord in a Hollywood shopping and entertainment district, is scouting the shuttered Lady Luck casino as a potential investment.

Andrew Donner didn't provide reporters much in the way of details about his plans to revive the shuttered Lady Luck and 5.5 acres of city-owned land downtown.

Owners of a shuttered Las Vegas casino raised the stakes on their pitch to revive the property in downtrodden downtown, with help from an internationally known hotel operator and 5.5 acres of city-owned land.

ews Brief: Winston Hotels on Friday confirmed it has sold its loan interest in the $91.5 million renovation of the Lady Luck casino and hotel in Las Vegas.

Lady Luck casino remains shuttered almost one year after its owners closed the property and displaced nearly 700 workers.

It will be at least another year before the shuttered Lady Luck in downtown is replaced, Nevada gaming regulators were told Wednesday.

A California investment firm has loaned the owners of the shuttered Lady Luck $66 million to be used in renovating the Las Vegas hotel-casino.

On Friday morning, some 36 hours before it officially closes for a yearlong remodeling, the Lady Luck already appeared shuttered.

The Lady Luck, downtown's third-largest casino, will close Feb. 12 for a year-long remodeling and permanently lay off 684 workers

The owners of the Lady Luck hotel in downtown Las Vegas were awarded a 180-day exclusive negotiating agreement on to develop a plan for 5.5 acres of city-owned land.

The management company running the Lady Luck casino has purchased the downtown property from its landlord and plans to remodel it in addition to expanding the casino and hotel.

Representatives of The Henry Brent Co. said Thursday that their closely held Las Vegas company has purchased downtown's Lady Luck.

Las Vegas businessman Andrew Donner has been granted a state casino license for the Lady Luck, but the chairman of the Nevada Gaming Commission expressed concerns that Donner may be ‘cutting corners’ in following rules.

A Las Vegas businessman who was turned away last year from obtaining a state casino license has won preliminary approval from the Nevada Gaming Control Board, which praised him for his turnaround.