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Last updated: December 15, 2016

Recent News


The Review-Journal reports that Crown Resorts is no longer planing to develop its Alon project on the former New Frontier site across Las Vegas Boulevard from Encore. In a press release, Crown Resorts says, "Crown Resorts ... will begin exploring alternatives to optimise the value of their investment in Alon, including an outright sale." If they're not going to build on the property, it's hard to imagine what they'd do with it other than sell it.


Word is that Lucky Dragon has opened as a "soft opening". So, feel free to stop by and check it out. We with them luck.


The RJ reports that the Lucky Dragon has received a license from the Nevada Gaming Commission and will officially open on December 3. We wish them luck in their new venture.


So, what's the deal with Hooters Casino Hotel? Isn't it supposed to change hands and its name or something? Well, the RJ posted an update, but it really doesn't tell us anything new. The folks who own it would be happy to sell it, but there don't seem to be any buyers. The current owners took over the property when the previous owners declared bankruptcy, but they don't seem to want to run it, nor do they want to spend a lot of money on it. Thus it appears to be cheaper to just keep licensing the current name than to sink money into changing it, especially when you have no plans to run the place long term.


Oh, hey, Red Rock Resorts was also approved to take over the Palms. Word is RR will put some money into "freshening" the property of the next year and a half or so, but there's no plan to change the name to "Palms Station" ... yet.


The Nevada Gaming Comission has approved the purchase of Aliante by Boyd Gaming. Expect consolidation of the slot club with Boyd's B Connected to occur in the very near future, and the currently independent sports book to become part of the Boyd system.


Allegedly the Luck Dragon casino (on Sahara just a few feet west of the Strip) will open on December 3. Opening announcements are normally quite reliable, but given all the fits and starts that have occurred with this site, we're just a little more skeptical than normal. However, we wish the new casino luck and hope it does well.


The Riviera's Monte Carlo tower came down in the wee hours of the morning. This brings an end to the public spectacle portion of the demolition of the Riviera.


It seems awfully close to the wire to us, but it has been announced that the Riveria's Monte Carlo tower will be imploded on Tuesday, August 16 at 2:00 AM. The implosion of the Monaco tower was quite an event. Our impression, based on no inside information provided by the LVCVA, is that of the two, this one may not be as much of an event. However, this might be the last significant implosion in Las Vegas for some time, so those who have viewing such a thing on their bucket list might want to check it out.


The Monaco tower of the Riviera went boom and LV Revealed was there. We have video, and we'll put it up on the web site as soon as we can get it converted to an appropriate format. We were impressed with the show the LVCVA put on. The fireworks were quite impressive. Also, the implosion itself seemed to go by the numbers. Next up: The Monte Carlo tower in August.


MGM has announced how it wants to rebrand the Monte Carlo, currently undergoing renovations. Going forward, it will be known as: Park MGM. Isn't that exciting? The answer is, no, that's not exciting. Presumably the name change will be phased in between now and 2018.


Implosion Alert: The Reivew-Journal reports that Monaco tower of the Riviera is scheduled to be imploded at about 2:00 AM on June 14. This is the taller of the two Rivera towers slated to be imploded, so if you're only going to be there for one, this is the one to do. We'll see you there.


Are you ready for Palms Station? Sale of the property for $312.5 million is set to close sometime during Q3. Of course, there are some open issues. One of these is what will happen to the current Palms employees and their labor contracts. Presumably the Palms slot club will be merged into Stations' Boarding Pass at some point, but on what time table?


From the "When it Rains it Pours" Department, it has been announced that Boyd Gaming is also buying Aliante Casino. The deal is expected to close sometime in Q3. This is bad news to local sports bettors, as Aliante was one of the few independent sports books left in Nevada. Of course, this presumes that it will be folded into the Boyd tent at some point, probably before the end of the year.


Derek Stevens, who already owns the Golden Gate, The D, and the Las Vegas Club is purchasing Fremont Street slot parlors Mermaids and La Bayou, as well as The Girls of Glitter Gulch topless joint. The RJ reports that Stevens will use the new properties to build another casino. Our speculation is that what is now Glitter Gulch and Mermaids will be folded into the Las Vegas Club parcel. Integrating La Bayou into something would be less straightforward, but it is adjacent to the Golden Gate. The sale is scheduled to close on June 27, so these places may not be open any longer than that.


Reuters reports that Boyd Gaming is on the verge of buying Cannery Casino Resorts. This would move the Cannery and Eastside Cannery under the Boyd label. How tightly Cannery operations would be merged into the Boyd brand, and when those changes would occur are open questions. Currently, the Cannery operates its own slot club, and the sports book gets its lines from the South Point. Stay tuned.


The RJ gives us an update on the Rivera implosions. Word is that the LVCVA has approved a demolition plan, and that plan affirms what we had previously reported: some demolition of the smaller building will begin Real Soon Now, and implosions of the Rivera Monaco and Monte Carlo towers will occur in June and August. It's planned to have the lot cleared by December 31 providing plenty of time for its use in March.


Steve Wynn is looking at expanding his eponymous casino. If he goes ahead with currently released plans, it's unclear whether the expansion would shut down the Wynn golf course. However, the current proposal does include 1000 new rooms, would cost about $1.5 billion, and involves the creation of a 38 acre "lagoon". This all seems plausible to us, and Wynn has a history both of being pretty on top of things when it comes to picking appropriate times for expansions of his Las Vegas properties, as well as a reputation for not floating these sort of proposals and then not following through.

Our big question though, is about this lagoon. As we recall, by definition, a lagoon is a body of (salt) water separated from a larger body of water by a reef or some other barrier. So... what's the larger body of water? We're guessing what Wynn really means is that he plans to build a 38 acre lake, but we suppose that doesn't sound as glamorous, and it's been done.


Why settle for just one implosion when we can have two? A representative for the Las Vegas Convention and Visitor's Authority said, "It's just too big to do all at once." The timetable sounds like this: The approval of the demolition contract will happen sometime in April. Some time after this, some demolition will start, making progress on the shorter buildings. Sometime in June, one hotel tower will be imploded, and sometime in August, the other one will come down. The whole site is planned to be cleared and at least grated so it can be used for the ConExpo-Con/Agg trade show beginning on March 7, 2017, where the lot will display all kinds of cool construction equipment, making the site look like the world's luckiest child's sandbox. Stay tuned for updates.


It's not conventionally casino news, but long time Reivew-Journal gambling beat reporter Howard Stutz is leaving the newspaper to take a position with a local law firm. Stutz has done a fantastic job of covering the industry over the years, and his inciteful reporting and commentary will be sorely missed. We here at the Death Watch wish him well in his new endeavor.


KLAS-TV reports that the Fontainebleau will be sold soon. They buyer is undisclosed, and, consequently, nobody knows what will become of it. Rumor is that the selling price may be in the neighborhood of $650 million, which would represent a tidy profit for current owner Carl Icahn. Of course all of this is unverified, so we'll see if this unfolds over the next 60 days, as the report suggests, but in the mean time it's the most substantial piece of information we have about this place in years.


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