In addition, a video poker player at an off-Strip casino hit back-to-back jackpots for a haul of over $100,000. An industry notice issued Wednesday says FanDuel’s bid to offer sports prediction markets with an app is incompatible with Nevada’s sports wagering laws. A Strip megaresort is making another change to its corporate structure, appointing a former governor and one-time top state regulator to head its board of directors. An underground water main break caused a temporary disruption at the hotel-casino, a spokesperson said. And, in late 2022, Vici announced it was providing up to $350 million — part of a $2.2 billion construction loan from multiple lenders — to finance the completion of the long-planned Fontainebleau Las Vegas, which opened in late 2023. Sartini’s initial total annual rent for the seven-property portfolio is $87 million, with the rent climbing 2 percent annually starting in the third year of the lease, according to Vici.
Overall, Vici now owns dozens of properties in the U.S. and Canada, including casinos, bowling alleys and golf courses. Now the real estate investment firm is expanding its holdings in Southern Nevada with another $1 billion-plus deal. "If the company goes into administration, workers want the support of their government to ensure the doors stay open." "At this stage, we look like we're heading towards an administration sometime this week," Mr Jones noted. The casino group could be broken up in the process, as administrators would search for buyers for individual assets, if the company can't be rescued as a whole. He now must lift governance standards, devise a proper management structure and appoint new senior managers for the individual casinos.