Fontainebleau Las Vegas News - Page 10

Billionaire investor Carl Icahn's earned one of Las Vegas's best bargains when he was named the winner of the auction for the bankrupt Fontainebleau Las Vegas.

A report filed in U.S. Bankruptcy Court in Miami says that billionaire Carl Icahn submitted the only qualified bid for the Fontainebleau project in Las Vegas.

Luke Brugnara, who was denied a gaming license by Nevada casino regulators in 2001, said he would pay up to $200 million for the bankrupt Fontainebleau project.

Penn National Gaming will submit not bid for the shuttered Fontainebleau project in a planned bankruptcy court auction next week.

A number of stories in 2009 will play a major factor in how 2010 unfolds, including the opening of CityCenter in Las Vegas.

Carl Ichan outbid Penn National Gaming for the bankrupt Fontainbleau project on the Las Vegas Strip.

Penn National Gaming has asked a federal bankruptcy court in Miami to approve the company as the stalking horse bidder for the shuttered Fontainebleau project.

The casino operator wants to acquire the bankrupt Fontainebleau project if it makes financial sense.

U.S. Bankruptcy Judge A. Jay Cristol said he wants to keep the developer involved in the case, but wants a sale of the stalled Strip project to proceed quickly.

Penn National is still interested in the stalled Strip Resort but is offering less than $300 million.

The Fontainebleau Las Vegas bankruptcy judge is pushing for a quick sale of the stalled, partially-completed $2.9 billion casino resort on the Las Vegas Strip.

Rather than buy into companies, investors mull buying up debt — with chance of calling shots.

Key lenders file motion urging case be converted to Chapter 7 bankruptcy.

A motion filed by a group of secondary lenders says that finishing the Las Vegas project is "not possible."

Analysts shot down a Wall Street Journal report that said Penn National Gaming was close to buying the bankrupt Fontainebleau project.

At least one unidentified potential buyer is negotiating to take over the bankrupt Fontainebleau hotel-casino development.

Bankrupt Fontainebleau resort suffers legal defeat when judge ruled in favor of banks it is suing on key legal questions.

The troubled Fontainebleau resort — which may not be worth more than the debt accumulated to build the project — is likely to change hands in bankruptcy.

Fontainebleau Las Vegas resort builder Turnberry West Construction Inc. settles complaint by agreeing to a six-month suspension of its license.

Miami Judge grants banks' motion to move Fontainebleau's lawsuit against them from the bankruptcy court to the federal district court in Miami.