News Hot Casino Offers

Dream Las Vegas Construction Paused [...]

Dream Las Vegas Construction Paused After Developer Funds Dry Up

Construction of the Dream Las Vegas casino resort is now on pause after funds dried up. Construction costs have almost doubled to $575m as a result of various economic pressures. The developers are optimistic that the project will eventually get back on track but the planned opening date of late 2024 will likely have to be extended.

Construction started in July 2022 on the site on the south end of the Las Vegas Strip. The current plan is to create a resort with 531 rooms and a casino floor spanning 30,000 square feet offering a boutique-type experience. The site’s proximity to Harry Reid International Airport had initially caused some security concerns.

currently attempting to secure a new funding arrangement

The main contractor of the resort has halted work due to $40m in outstanding payments. Various subcontractors are also seeking money for work that has already been completed. The developers Shopoff Realty Investments and Contour are currently attempting to secure a new funding arrangement to complete the project. They are hopeful they can secure the additional capital within weeks.

The post Dream Las Vegas Construction Paused After Developer Funds Dry Up appeared first on VegasSlotsOnline News.

Play in the best online casino all over the world

Hot Casino Offers includes the most attractive online casino bonuses, the list of best casino promotions with daily opportunities to grab free spins, welcome bonuses and extra rewards!

One of the first things that most players keep in mind when looking for a good place to play casino games online is the best bonuses and promo offers that are available on any website. As for bonuses and promo offerings, we would advise you to simply pay attention to the size of bonuses, percentage of bonuses, as well as the conditions for wagering various bonuses that you can see on the Internet. If you are a beginner in online gambling, we recommend that you try a few best bonuses without deposits until you feel comfortable enough to start playing for real money.