![]() ![]() The price is 151 per night from Dec 3 to Dec 4. As properties change hands, I’ll be sure to revisit this rundown to ensure it stays up to date. Pick from 44 Las Vegas Strip Casinos and compare room rates, reviews, and availability. The operator runs the day-to-day of the resort, dictates the loyalty program, and will be who you interact with as a guest.īelow, I’ll clearly define who the current owner of each Strip resort’s physical assets and operations are. Book a room at South Point a Las Vegas Hotel. Since then, they’ve gone on to buy a good chunk of the real estate along the Strip, collecting rent from the operators.įrom the customer’s perspective, the only entity that matters is the owner of the operations. Official Website - South Point Hotel Casino & Spa is a resort in Las Vegas with Las Vegas Casino games. ARIAs 150,000-square-foot casino is surrounded by lounges, restaurants, and bars, with great views of Cit圜enter (a bonus for people who tend to get a little claustrophobic on a gaming floor). ![]() Not only do properties change hands frequently, but there are more and more situations where a Real Estate Investment Trust (or REIT) owns the physical property while a separate entity leases the building and owns the operations of the resort.Īs you’ll see, the most common REIT landlord in Las Vegas is VICI Properties, which was formed in 2017 as a spinoff of Caesars Entertainment. 3730 S Las Vegas Blvd, Las Vegas, NV 89158-4300, USA. Nailing down who owns each casino in Las Vegas becomes a more challenging and confusing exercise by the day. ![]()
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