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Fontainebleau Las Vegas News - Page 13

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Company ownership idea seeks to spur investment

A proposal to allow institutional investors to own up to 25 percent of a Nevada gaming company without undergoing background checks aims to encourage investment in Nevada casinos.

Fontainebleau work will not stop despite layoffs

Work on the $3.1 billion Las Vegas project will not stop despite layoffs and furloughs last week.

Financing problems lead to Fontainebleau layoffs

Contractors on the $3.1 billion Fontainebleau Las Vegas project have been laying off workers after a cutoff of financing.

Sued by Fontainebleau, banks could cite 'act of God' as defense for refusing funds

Lenders could argue economic downturn fulfills interpretation of termination clause in loan agreement.

Fontainebleau working on funding with bank

Bank of America said that it's negotiating with the developer to help finance the unfinished $3.1 billion project.

Fontainebleau has the cash to keep rising

At a time when some companies are strapped for cash, Fontainebleau Resorts is expected to have enough money to open the $2.9 billion Fontainebleau Las Vegas, as planned, in October.

Beneath its skin, Fontainebleau has something extra for guests' gadgets

Tech geeks at the under-construction Fontainebleau Las Vegas are abuzz over their kind of eye candy.

Moody's downgrades Fontainebleau debt funding

Resort will open on time but bond analyst wary of declining gaming revenue.

Two workers injured at Strip construction site

Two workers on the 63rd floor of the Fontainebleau construction project were injured when they were hit by a large beam this morning.

Fontainebleau stays on course

Progress on the Fontainebleau Las Vegas is proceeding, seemingly unfazed by the financial uncertainties and cost overruns that are plaguing projects such as the Cosmopolitan, Tropicana and the neighboring Crown Las Vegas.

Fontainebleau Resorts and Nakheel announce joint venture

Fontainebleau Resorts reports that Nakheel Hotels has invested $375 million in exchange for a 50% interest in the company's iconic Fontainebleau Miami Beach resort.

Fontainebleau Las Vegas president named

Fontainebleau Resorts, LLC has appointed Audrey Oswell as President & Chief Operating Officer of Fontainebleau Las Vegas.

4 workers hurt in Las Vegas Strip construction site mishap

News Brief: Four construction workers fell while working at a Las Vegas Strip high-rise site.

Fontainebleau plans viewed with wrath

Turnberry residents say they were deceived by the developer of the Fontainebleau resort.

Fontainebleau builder lands big financing

Fontainebleau Resorts announced Thursday it has secured approximately $4 billion in financing to complete projects in Las Vegas and Miami and to retire old debts.

Fontainebleau Resorts closes financing

Fontainebleau Resorts has closed on more than $4 billion of financing that will fully fund its development of Fontainebleau Las Vegas, expansive renovation of Fontainebleau Miami Beach and repayment of existing debt.

Strip project gets new investor

Australia's largest gaming operator announced late Monday it is buying almost 20 percent of the company building the $2.8 billion Fontainebleau on the Strip's north end.

Fontainebleau, PBL sign deal

Fontainebleau Resorts LLC, has entered into a definitive agreement with Publishing & Broadcasting Limited.

The Casino Millionaire, the Unwritten Novel, and the Big Fat Cheques

International News Brief: Glenn Schaeffer is the sugar daddy of New Zealand literature. He makes millions in Las Vegas and sends chunks of money south.

Developer Bets on Las Vegas Touch

Former Mandalay Resort Group President Glenn Schaeffer has landed back on the Strip following Thursday's announcement that he will help bring the name of a Miami Beach resort icon to the north end of the boulevard.

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