Two ambitious projects for hotels and casinos for the Strip

The Resort World Las Vegas eventually emerge to 2016-2017. As a reminder, this project was abandoned in 2008 by Boyd Gaming. This project, which will have an Asian theme will attempt to energize the north side of the Strip.

The other project is funded by billionaire James Packer, who hopes to offer a neighbour at the Wynn within 4 years. For $ 280 million, the Australian has purchased the former site of the New Frontier destroyed in 2007. According to him, this sector is one of the most promising of the Strip. Other hotels in this area, include Circus Circus and the Stratosphere that have financial health on the decline.

According to the latest information obtained, work will commence from April 2015. We hope that everything will be finished in 2018.

You can find more details on the projects of James Packer here.

This news comes just after it has been learned this week that Caesars Entertainment, owner of the World Series Of Poker is about to go bankrupt with 20 billion of debt and only one profitable year since 2008. It is recalled that PokerStars had been approached to make some acquisitions of the group, but PokerStars had said in a statement that it did not make this acquisition at the moment.

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