Strip Hotel -Casino being bought by Hyatt operator
Thursday 01 de December 2022 / 11:05
⏱ 2 min read
(Las Vegas).- Dream Las Vegas, on Las Vegas Boulevard just south of Russell Road, is being developed by Southern California firms Shopoff Realty Investments and Contour. The 531-room resort is expected to open in the first quarter of 2025.
Shopoff Realty President and CEO Bill Shopoff told the Review-Journal on Tuesday there are no changes to the project’s name, timing or programming as a result of the Hyatt deal.
“We think this is a huge positive for the project given the depth of the Hyatt reservation system,” Shopoff said, adding his team gets the “combined benefit” of Dream’s creativity and Hyatt’s scale.
Dream, which broke ground this summer, is slated to offer a smaller, boutique-style experience in a corridor dominated by massive hotel-casinos with thousands of rooms apiece.
The project has also faced a number of hurdles in its short history.
Its developers unveiled plans for the resort in February 2020, just one month before the coronavirus outbreak upended daily life in Southern Nevada and temporarily turned the Strip into a ghost town of shuttered resorts.
They later made a series of design changes after facing such concerns as possible illegal drone flying and bombs hidden in garbage trucks, due to Dream’s location next to Las Vegas’ airport.
And, court records show, they discovered the pinball arcade next door was a little too close.
The Pinball Hall of Fame, which opened in a newly-built facility on Las Vegas Boulevard in spring 2021, encroached by “at least eight feet” on Dream’s property, according to a lawsuit the hotel developers filed last fall in Clark County District Court.
The complaint called the encroachment an “unlawful occupation” of Dream’s property and said it prevented a drainage outlet, “as originally designed and engineered, from being constructed.”
A “likely” surveying error by a contractor indicated the arcade “owned more property than it initially purchased,” Pinball’s attorneys wrote in a filing in the now-settled case.
Shopoff said the encroachment would not impact Dream’s hotel tower, as it was discovered early enough to make adjustments before construction of the project started.
As part of the settlement, he said the developers conveyed a small amount of land and received money from the surveyor. He declined to disclose the amount of the payment.
By Eli Segall
Categoría:Casino
Tags: Sin tags
País: United States
Event
GAT EXPO CARTAGENA 2026
24 de March 2026
Trade Associations and Governments in Latin America: The Gaming Sector Calls for Technical Dialogue and Regulatory Predictability
(Cartagena de Indias, SoloAzar Exclusive).- Cartagena de Indias was the stage for an intense debate on the role of gaming associations in shaping public policy, where regional leaders agreed on the need to strengthen dialogue with governments, warned about unilateral decisions that affect the sustainability of the industry, and proposed an evolution of trade associations into key technical actors in the region.
Wednesday 01 Apr 2026 / 12:00
Technology, AI and Traceability: Keys to the Future of Gaming at the GAT Expo Cartagena Suppliers Panel
(Cartagena de Indias, SoloAzar Exclusive).- Within GAT Expo Cartagena 2026, technology sector leaders analyzed the challenges and opportunities of the gaming industry during the panel “Innovation, Traceability and Control”.
Tuesday 31 Mar 2026 / 12:00
Gamification with Purpose: Andrés Blanco Explains How to Drive Real Engagement at GAT Expo Cartagena
(Cartagena de Indias, SoloAzar Exclusive).- At GAT Expo Cartagena 2026, one of Latin America’s most important gaming industry events, Andrés Blanco, Managing Director and Chief Product Officer at Gamanza Engage, shared his vision of how gamification can become a strategic tool to foster genuine user engagement.
Monday 30 Mar 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
