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New York New York Hotel & Casino News - Page 6

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Park near MGM Arena brings nature back to the Strip

The first trees have been planted at the simply named Park, an MGM Resorts project that aims to provide a cool, natural refuge in the urban Strip.

MGM Resorts to build 5,000-seat theater at Monte Carlo

The $100 million theater is the latest in a line of nongaming developments MGM is investing in at its nine Strip resorts.

Nevada Transportation Department moves to acquire land for Project Neon

The state has hired outside counsel to negotiate with owners for the land parcels around the Spaghetti Bowl interchange that are part of the plan to improve traffic in Las Vegas.

Four Strip pedestrian bridges to be upgraded by 2017

The Nevada Transportation Authority estimates that it will take two years and $26 million to upgrade the four oldest pedestrian overpasses on the Strip.

NHL board accepts expansion application for Las Vegas football team

Bill Foley has collected over 13,000 season ticket commitments toward his goal of establishing an NHL team in Las Vegas.

MGM CEO: 'Not my expectation' to build another casino-resort in Las Vegas

MGM Resorts plans to focus on expanding and improving its existing properties on the Strip, and opening new casinos in other parts of the world.

MGM Resorts files application to leave Nevada Power Co.

MGM becomes the latest Las Vegas operator to leave Nevada Power and purchase its own electricity on the wholesale market, joining Wynn Resorts and Las Vegas Sands.

MGM Resorts plans job fair, hopes to add more than 500 workers in Las Vegas

MGM Resorts International will hold a job fair Wednesday at the Mandalay Bay Events Center to hire more than 500 permanent positions at 12 of the company’s Strip-area resorts.

$300k dinner bill ‘sign people are ready to spend again,’ MGM chairman says

MGM Resorts International Chairman Jim Murren told analysts and investors Tuesday there were “encouraging signs” of increased customer spending at his company’s 10 Strip resorts in the past few months.

International electric company is first big sponsor for MGM's Las Vegas arena

Schneider Electric, the Paris-based energy management company that will create the arena’s power system, has signed a multi-year deal to become a “founding partner” for the $375 million, 20,000-seat venue.

Inside Gaming: Analysts expect Strip rebound to continue in 2015

Analysts believe the Strip will continue its rebound, although gaming won’t be the primary reason.

New roster of brand restaurants makes Strip debut

An impressive variety of brand restaurants have debuted recently on the Strip, including Smashburger and New York City-based Shake Shack.

MGM Resorts to hold a job fair for 700 Las Vegas summer positions

The career fair will be held in the MGM Grand Conference Center, 4701 Koval Lane, inside the marquee ballroom on Tuesday from 10 a.m. to 4 p.m. and Wednesday from 1 p.m. to 7 p.m.

MGM in 'preliminary' talks to bring NHL to Vegas

Company CFO Dan D’Arrigo said preliminary discussions had taken place with a group interested in housing an NHL team at the MGM-AEG arena, which will have 20,000 seats, along with luxury boxes and other amenities.

MGM Resorts selects president for Park Holdings

Don Thrasher was most recently president of Circus Circus Las Vegas.

Turnaround story unfolds for MGM Resorts International

Following the company’s release of second-quarter earnings this month — a profit of $105.5 million on revenue of $2.6 billion — the investment community praised the company and lauded expansion opportunities in the U.S. and Macau.

Strip land values react to deal for Frontier site

James Packer is forming a company with ex-Wynn Las Vegas President Andrew Pascal and investment firm Oaktree Capital Management to construct a hotel-casino on the 35-acre site where the New Frontier once was.

Strip’s gaming revenue robust while regional markets struggle

Moody’s Investors Service recently downgraded its view of the U.S. gaming market from “stable” to “negative,” putting all the blame on regional gaming destinations where weak results have investors sweating.

MGM aims to make a bit of the Strip a more interesting place to walk and play

MGM Resorts International unveiled plans for an eight-acre outdoor destination on the Strip that will connect the New York-New York and Monte Carlo with a pedestrian-friendly environment.

Deal Me In: Vegas on the cheap

Mark Pilarski gives his readers some Las Vegas attractions they can visit without spending a dime.

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