Koch buys Las Vegas casino development

first_img Email Address* Charles Koch of Koch Real Estate Investments and 2777 South Las Vegas Boulevard (Getty, iStock)UPDATED, Feb. 12, 2021, 2:44 p.m: The real estate arm of Koch Industries is betting big that the casino industry will come roaring back after the pandemic.Koch Real Estate Investments purchased a Las Vegas casino development that was previously slated to become a $3.1 billion 3,780-room resort project led by Steven Witkoff. That project was slated for completion in 2022, but has been stalled.The price Koch paid was not disclosed. Koch will partner with Fontainebleu Development, which was involved with developing the project before it went bust during the financial crisis.The development site, at 2777 South Las Vegas Boulevard, last changed hands in 2017, when Witkoff purchased the property from Carl Icahn for $600 million. Icahn purchased the property out of bankruptcy.Las Vegas casinos shut down as a result of the pandemic lockdowns in the first half of 2020. In October, Sheldon Adelson, the late casino magnate, was reportedly exploring selling three of his Las Vegas casinos.The sale could have fetched as much as $6 billion, Bloomberg reported at the time.[Bloomberg] — Georgia KromreiRead moreDevelopers pitch New York City casinoSheldon Adelson is leaving Las Vegas Tags Share via Shortlink Message*  Correction: Due to an error in the source article, this story previously stated that Koch bought a stake in the casino.  center_img Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Full Name* Contact Georgia Kromrei DevelopmentReal Estate InvestmentSteve Witkofflast_img read more

Watch Something Rotten!’s Adam Pascal Perform ‘Hard to Be the Bard’

first_img View Comments Adam Pascal Related Shows Star Files It may be hard to be the Bard, but dang does Something Rotten! star Adam Pascal make it look easy. The Broadway fave and Rent Tony nominee will complete the eggcellent tuner’s Broadway run, which is set to end on January 1, 2017. But fear not: as previously announced, he will join current co-stars Rob McClure and Josh Grisetti on Rotten!’s national tour, which kicks off on January 17 in Boston. While you get hyped up to catch him on the Great White Way or in a city near you, check out BroadwayBox.com’s Broadway Unplugged video of Pascal strumming out “Hard to Be the Bard.” Delightfully different from our own “Hard to Be the Bard” music vid with Borle, Pascal proves that all he needs is an acoustic guitar and those signature golden pipes of his to rock hard. Check out the full performance below, and be sure to catch Pascal in his sexy stint at the St. James!center_img Adam Pascal Show Closed This production ended its run on Jan. 1, 2017 Something Rotten!last_img read more