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DID YOU KNOW? Who owns that Casino
Hotel?
Only a handful of companies own ALL the Prime On-Strip
Properties!
| Fun facts about Las Vegas Hotels
ownership... Please enjoy this page, and for an even
more up-to-date listings of who really owns which Las Vegas Hotel Resort
Casino Properties we invite you to visit our Sister Site
for Vegas Family Vacation Planning
Kids in Vegas
where we keep another up-to-date list on which Hotels are operated by whom. This will absolutely save you
time finding good deals.
Our integrity speaks for itself and
hopefully to you as well. We want to earn your trust, we want you to
visit our sites (bookmark them for easy use) and return whenever you
need to find the best deals. If you are considering Driving to Las
Vegas why not check out these
Las Vegas Car Rental Deals.
Best Regards, John, President Avagant,
Inc. A Nevada Corporation. |
This page is just for fun and doesn't really mean anything
other than if you like the service of one resort in a chain you will
probably like the others as well. Personally we find it fascinating to
follow the "Big Financiers" as they wheel and deal with the mega resorts.
Caesars Entertainment (Formerly
Park Place Entertainment) owns:
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Harrah's Entertainment
Inc. (See Below) purchased rival Caesars Entertainment Inc. (CAR) for $9.4 billion.
The deal comes after MGM Mirage agreed to purchase
Mandalay Resort Group for $7.9 billion. The two companies could
end up controlling over 70% of the hotel rooms and casino space on the
Strip. |
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Bally's |
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Caesars Palace Las Vegas |
| •
Flamingo Las Vegas |
| • Las
Vegas Hilton |
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Paris Las Vegas |
| •
Flamingo Laughlin |
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| Click to
visit Caesars
Entertainment Corporate Website |
Mandalay Resort Group owns:
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Mandalay Bay |
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Luxor |
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Excalibur |
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Circus Circus |
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Monte Carlo (50% Ownership) |
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| Click to
visit
Mandalay Resort Group Corporate Website |
MGM Grand owns Mirage Resorts, Inc.
combining to own:
Kirk Kerkorian (MGM) & Steve Wynn (Mirage Resorts)
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MGM Mirage Resorts
purchased the Mandalay Resort
Group... This puts a lot of power in
one companies hands to control Hotel room rates on "the Strip". |
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Bellagio |
| • The
Golden Nugget (Sold to Poster Financial Group, Inc. for $215 m
1/2004) |
| • The
Mirage |
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Treasure Island |
| • MGM
Grand |
| • New
York New York |
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| Click to
visit MGM Mirage
Resorts and Casinos Corporate Website |
Harrah's Entertainment owns:
The Palms:
| The hottest joint in town is Palms
Casino Hotel Las Vegas. Opened three years ago by New Mexico's Maloof
family (Also own the NBA's Sacramento Kings), the 455-room
property cost just $260 million to build and is producing a 23% return
on capital, says co-owner George Maloof. It distinguishes itself through
clever events such as a weekly poolside party called Skinny Dip Tuesday
Nights. "There will always be a market for a person who doesn't feel
comfortable in a big casino setting," Maloof says. |
The Venetian:
| Sheldon G. Adelson, owner of Venetian
Resort Hotel Casino and founder of the Comdex Trade Show.. Adelson, who
recently opened a casino on the island of Macau and is considering a
public offering for his Las Vegas Sands Inc., hopes to build a $1.5
billion casino hotel, the Palazzo, on land between the Venetian and
Wynn's new resort. |
Wynn Resorts, Limited:
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Winn Las Vegas - formerly called
La Reve - French for "The Dream"
Wynn Resorts flagship property "Wynn
Las Vegas" originally slated as "La Reve" -
Stephen A. Wynn's $2.5 billion palace is
fantastic. The upscale resort, which opened spring (2005), is sure to draw
crowds, as has just about everything the Vegas legend has ever put up.
A luxury hotel and
destination casino resort in Las Vegas, Nevada. "Wynn Las Vegas" will be situated on approximately 192 acres at the site of the
former Desert Inn Resort & Casino on the Las Vegas Strip in Las Vegas,
Nevada. The facility features approximately 2,700 guest rooms and
suites, a casino featuring an estimated 136 table games and 2,000 slot
machines, a baccarat salon and private, high-limit gaming rooms; an
approximately eight-story manmade mountain enclosing an approximately
three-acre lake in front of the hotel and 18 dining outlets, including
six fine-dining restaurants; an 18-hole championship golf course on
the premises; a water-based entertainment production; an on-site,
full-service Ferrari and Maserati dealership and an art gallery. |
Las Vegas.com
| • LasVegas.com
is now controlled by Greenspun Media Group the same folks who run
Vegas.com - no surprise here. Formerly a partnership of Mandalay Resort Group and Park Place
Entertainment, owners and operators of Las Vegas hotel and resort
rooms, casinos, restaurants, shops, and a collection of the town's
signature attractions and shows. |
Vegas.com
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Operated by the Greenspun Media Group publishers of the Las Vegas Sun
Newspaper, Las Vegas Weekly, Vegas Magazine, Showbiz Magazine,
InBusiness, VegasGolfer, and more. |
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