The casino, hotel, and 850,000-square-foot arena will be part of a retail and entertainment district.

A 20,000-seat NBA-ready arena will be built adjacent to OVG Las Vegas Hotel & Casino.

They plan to build a casino with a 2,000-room resort hotel. Oak View Group purchased 25 acres of land close to the intersection of I-215 and I-15, according to a March press release from the LA-based company. We’ll start with what is currently under construction and then visit some of the most notable mergers or acquisitions of 2022 and wrap up with some residency entertainment news. The Daily Breeze, a media outlet that’s part of SoCal Newsgroup summed up some of the things we can expect to see on the Las Vegas Strip and beyond in the next year. The last year saw several important acquisitions, as well as announcements of coming venues and attractions, and the next year will fulfill many of them as others hurl forward to completion. The casino still exists-it’s just around the corner.Gambling revenues in Nevada and particularly in Las Vegas have been setting records with nearly two years of month-to-month revenues over $1b with some months setting all-time records. The difference begins inside the small-ish lobby, which feels cozy compared to other behemoth casino lobbies, with marble floors, mirrored columns, touches of light green on the ceilings, glittery chandeliers, and fresh flowers. Because Park MGM is adjacent to MGM’s new-ish The Park outdoor entertainment district and Park Theater, where Lady Gaga will begin her residency in December, the outdoors and nature are loosely incorporated, but overall, the hotel resembles a stylish boutique hotel in New York or Paris rather than a giant casino hotel in the middle of the Strip. There’s no cheesy theme or imitation destination (no offense, Paris or Venetian). Stepping into Park MGM is like stepping into the new Vegas. Add that to the 2010 competition from The Cosmopolitan, a perennial favorite amongst cool kids, and the Monte Carlo was ripe for this sort of massive rebranding aimed at younger, sophisticated travelers. That standing was further diminished when MGM Resorts built the modern Cit圜enter complex nearby, overshadowing the area with three new hotels and luxury shopping mall. But over time, the Monte Carlo lost its luster, becoming just another casino hotel.

When the Monte Carlo first opened in 1996, it intended to bring the swanky atmosphere of the Monte Carlo casino in Monaco to the desert Strip.

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