Nevada casinos reported record gross gaming revenue (GGR) last year. Of the $13.4 billion, the Strip was responsible for a little more than $7 billion. That easily eclipsed the Strip’s previous all-time best year of $6.8 billion, set in 2007.<\/p>\n
Fertitta’s media contacts have not responded to inquiries regarding the Strip rumors. But Roeben, best known for being the man behind the popular Vital Vegas <\/i>Twitter account, says his sources for the Fertitta rumblings are reliable.<\/p>\n
“Details are few about Tilman Fertitta’s rumored new casino project on the Las Vegas Strip, but you know we’ll pass along anything else we can dig up. This project has not been announced yet, and the rumor hasn’t been officially confirmed, but our sources are bomb,” Roeben wrote.<\/p>\n
Strip land is hard to come by. Billionaire Phil Ruffin, who owns Treasure Island and Circus Circus, famously said in 2019 that Strip casinos are “irreplaceable.” That same year, Tilman Fertitta said he, too, was interested in buying on the Strip.<\/p>\n
\n100%, I’m interested,”<\/strong> Fertitta told the Houston Chronicle <\/i>in 2019 regarding the Las Vegas Strip. “I’ll try to pick off one or two properties.”<\/strong><\/p>\n<\/blockquote>\nThose acquisitions, however, never materialized. Three years and a pandemic later, Fertitta now seems poised to build an entirely new casino resort.<\/p>\n
The land in question at Harmon Ave. is considered the center of the Strip. The property is directly across from CityCenter, where the luxurious Aria and Waldorf Astoria stand. The strip mall and Travelodge sit between MGM Grand to the south and Planet Hollywood to the north. The Cosmopolitan is also just a short walk north across the Strip.<\/p>\n
The luxury-focused area, Roeben believes, will lead to Fertitta creating a new casino concept and brand.<\/p>\n
“It will not be another Golden Nugget. Think fancier,”<\/strong> Roeben opined.<\/p>\n","protected":false},"excerpt":{"rendered":"Billionaire Tilman Fertitta is reportedly inching close to acquiring property on the Las Vegas Strip. The Golden Nugget casino owner is already invested in downtown Las Vegas. But Fertitta, who also owns the NBA Houston Rockets and Landry’s hospitality and entertainment empire, is rumored to focus on a Strip development. Casino.org’s Scott Roeben was the […]<\/p>\n","protected":false},"author":25,"featured_media":210861,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[81886,1],"tags":[],"acf":[],"yoast_head":"\n
Tilman Fertitta Las Vegas Rumors Intensify, Billionaire Eyeing Strip<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n