What are the Big Names in Las Vegas Real Estate Development?

Las Vegas is well-known for its reputation as the gambling and entertainment capital of the world. And true to the title associated with the city, one can find so many casino and resorts sprawling across the city. While there are many las vegas homes for sale, inspiration for some of these homes and communities are inspired by the architectural marvel of Sin City’s most illustrious to Some buildings are so big to house hundreds of guests every day. If you ever wonder who created some of the most popular casino resorts in the city, here are some of them:

GAMING AND LEISURE PROPERTIES, INC.

Developed: The M Resort Spa Casino; Cactus Petes Casino Resort; The Horseshoe Hotel & Casino

The company is involve in acquiring, financing, and owning real estate properties to be leased to gaming operator three times the value of the amount used to build or acquire them. Today, the company has 38 gaming facilities scattered across 14 states. GLPI now owns almost anything associated with Penn’s gaming operations. It also owns both the assets and liabilities of Louisiana Casino Cruises, Inc. GLPI continued to widen its market when it acquired the real estate assets of Pinnacle Entertainment, Inc. for $4.8 billion. The company then leases the same properties back to Pinnacle for triple-net amount. 

LAS VEGAS SANDS CORP.

Developed: The Venetian Las Vegas; The Palazzo Laz Vegas

Las Vegas Sands Corp. (LVS) is a giant company in real estate development sector. It is known for building world class casino resorts that feature luxury hotels, sophisticated gaming facilities, retail, dining, and entertainment. LVS is now expanding its market by acquiring properties outside the gaming industry and leasing it to third parties.  The company is being run by expert management team whose mission is to get additional revenues for growth beyond the gaming industry.

WYNN RESORTS

Developed: Wynn Las Vegas Resort & Country Club; Encore at Wynn Las Vegas

Wynn Resorts is the maker behind Wynn Las Vegas Resort and Country Club and Encore at Wynn Las Vegas. It was formed on October 25, 2002. Wynne Resorts has established Forbes Travel Guide Five Stars inside and outside the country more than any other companies in the world.  The company is currently headed by Stephen A. Wynn, who has more than 45 years of experience in developing casino resorts. Wynn Resorts, Limited is listed on the NASDAQ Global Select Market with sticker symbol WYNN and a member of S&P 500.

 

 

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