Even the hot Miami commercial real-estate market is slowing down due to high interest rates and…
Tag: casino hotel
Why You’re Losing More to Casinos on the Las Vegas Strip
Casinos are making it expensive to play and hard to win. Blackjack players lost nearly $1…
WSJ News Exclusive | Wall Street’s New Trade: Covid-19 Insurance Claims
Distressed-debt specialist Avenue Capital has snapped up part of Caesars’ pandemic-related insurance claim at a steep…
MGM Group Gets OK to Build Japan’s First Casino in $8 Billion Project
The group hopes to complete the resort by 2029 on an artificial island in Osaka.
Travel Stocks Soar After Pandemic Struggles
listen to the article (two minutes) The travel industry is making a comeback from COVID-19. Stock…
Top Office Owners Don’t Want to Own Only Office Buildings Anymore
real estate property report Apartment-building acquisitions inspire quick returns, require ‘minimal capital expenditure’
Death toll from Cambodia casino fire rises to 25 as search continues for bodies
The fire, which burned for 17 hours before being doused, may have been caused by an…
Blackstone Stake Sale Values MGM Grand, Mandalay Bay at $5.5 Billion
The deal will net the investment firm more than $700 million in less than three years,…
Gambling Operators Push Sports Betting at Colleges—but Not to Students, They Say
with The rise of sports bettingOne playground has become a dividing line in the American gambling…
Macau Finally Draws a Winning Hand
The pandemic—and China’s zero-COVID policies—have battered the gambling hub. But good news on license renewals and…