Troubled Fontainebleau finally sells for $600M
December 13, 2017 | 74° | Check Traffic

Las Vegas Advisor| Travel

Troubled Fontainebleau finally sells for $600M

  • WIKIMEDIA COMMONS

    Fontainebleau in Las Vegas under construction July 2009.

At long last, the Fontainebleau has been sold. The hulking blue building on the north end of the Strip was sold to two real estate investment companies for $600 million. The 3,900-room Fontainebleau was originally built to near-completion for $2.8 billion before construction was halted in 2009. It was sold to Carl Icahn for just $150 million in 2010 and has sat empty and unattended to since. No plans for the property were disclosed, although there are indications that there will be a name change and re-branding.

MBAY HAPPY HOURS

Mandalay Bay has instituted resortwide happy hours on Saturdays and Sundays from 8 p.m. till closing, with drinks and appetizers running from $4 to $10. This is similar to inclusive HHs that run at Cosmopolitan and Red Rock, where you can move from place to place within the same resort. Some of the food specials at MBay include oxtail crostini at Libertine Social ($5), crab Louie cups at Stripsteak ($6) and black cod lettuce cups at Kumi ($9).

ZOMBIES DOWNTOWN

A new interactive attraction called “Fear the Walking Dead Survival” has opened at the Fremont Street Experience. The walk-through experience features a “com­­bination of motion rides, mazes and interactive video games.” Tickets start at $30.

Question: How big was the betting on last week’s big fight, and how did the sports books do?

Answer: With official results still being tabulated, it’s a sure bet that the sports books had a big day with Floyd Mayweather’s win over Conor McGregor. It was easily the highest-bet fight ever, generating a handle that might exceed $100 million, which approaches Super Bowl numbers. While there was only one reported $1 million-plus bet on the Super Bowl, there were six on the fight. All were on Mayweather, but the books were still heavy on McGregor action — a big bookie win all around.


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