“Virgin Hotels Las Vegas Delays Opening Again, Cites Ongoing Pandemic - Casino.Org News” plus 2 more

“Virgin Hotels Las Vegas Delays Opening Again, Cites Ongoing Pandemic - Casino.Org News” plus 2 more


Virgin Hotels Las Vegas Delays Opening Again, Cites Ongoing Pandemic - Casino.Org News

Posted: 12 Jan 2021 12:50 PM PST

Posted on: January 12, 2021, 12:47h. 

Last updated on: January 12, 2021, 02:37h.

Virgin Hotels Las Vegas is once again further delaying its grand opening because of the COVID-19 pandemic.

Virgin Hotels Las Vegas casino resort
Virgin Hotels Las Vegas, seen here, is ready for guests. But Southern Nevada doesn't have enough of them to warrant opening the casino resort. Owners say there is no set date to commence operations. (Image: G3 Newswire)

The former Hard Rock was originally set to open last fall. But the coronavirus placing conventions on hold and leading to drastically reduced visitor volume resulted in Virgin pushing back it's opening.

The off-Strip casino resort was set to welcome its first guests this Friday, Jan. 15. But the new owners said today the complex will not open its doors later this week.

Due to the continuously evolving COVID-19 situation, not only in Nevada but nationwide, we have made the decision to delay the January 15, 2021, opening of Virgin Hotels Las Vegas," a company statement explained.

The former Hard Rock was sold to Richard Bosworth in March of 2018. Bosworth partnered with Juniper Capital Partners and flamboyant billionaire Richard Branson — who controls the Virgin Group conglomerate — to purchase the Las Vegas casino. Terms of the partnership were not disclosed.

Pandemic Postponements

Las Vegas is being hurt as hard as any city in the nation by the coronavirus. Sin City is tied for the highest unemployment rate of the nation's largest cities.

Visitor volume through November was down 54.5 percent in 2020. December's numbers have not yet been released. Convention attendance was down nearly 73 percent.

The decrease in visitors has forced numerous Strip casinos to close their hotels throughout the week. Current properties that go dark midweek include Encore, Palazzo, Mirage, and Mandalay Bay.

Virgin Hotels Las Vegas encouraged Hard Rock workers to remain loyal to the property following its closure in February of 2020. The property debuted a program called "I'll Stick Around and Come Back." Workers who signed the pledge would return to their jobs without needing to apply and also be compensated for their loyalty.

Nearly a year later, those workers are still not back on the job at 4455 Paradise Road.

Bosworth says the decision to delay Virgin's opening is in the best interest of the casino's guests and employees. "Safety and health … continues to be our top priority," he said.

No Opening Date

Bosworth explained that there is no concrete opening date for Virgin Hotels Las Vegas.

At this time, an opening date has not been finalized, but an announcement is forthcoming," Bosworth stated.

The company spent $200 million to rid the property of its rock 'n' roll-themed décor into a sleek and luxurious destination that embodies the Virgin brand. The hotel comes with 1,504 rooms, which are called chambers and suites.

Its 60,000-square-foot casino will be operated by Mohegan Gaming, the casino unit of the Mohegan Tribe in Connecticut. It's the first time in the history of Las Vegas that a Native American tribe will operate a casino in the nation's gambling capital.

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Sheldon Adelson, Casino Mogul and Big Republican Party Donor, Dies at 87 - The Wall Street Journal

Posted: 12 Jan 2021 01:11 PM PST

Billionaire Sheldon Adelson, a giant in the casino industry and one of the largest donors to the Republican Party, has died at the age of 87.

As a young man, Mr. Adelson seemed to lack focus. The son of an immigrant Jewish cabdriver, he flitted from one business to another, dabbling in mortgage brokerage, investment advice, venture capital, real estate, chartered tours and sales of De-Ice-It spray for windshields.

In his mid-30s, Mr. Adelson began finding his way as an entrepreneur who would become one of the world's richest men, with a fortune estimated by Forbes at $35.9 billion. He made himself into a giant in the casino industry with his lucrative resorts, one of the largest donors to the Republican Party, a leading backer of Israeli Prime Minister Benjamin Netanyahu and a newspaper publisher in Nevada and Israel.

Las Vegas Sands Corp. announced the death of its chairman and chief executive in a statement Tuesday, less than a week after the company said he was taking a medical leave for cancer treatment. In March 2019, the company said Mr. Adelson had been diagnosed with non-Hodgkin lymphoma.

His unlikely rise from obscurity began when he launched a trade publication for data-communications firms in the 1970s. Mr. Adelson noticed that other publishers sponsored trade shows. So, in 1979, near the beginning of the personal-computer boom, he launched Computer Dealers Exposition, or Comdex, which became a hugely successful trade exhibit held in Las Vegas and other cities. In 1988, needing space for his own exhibition center in Las Vegas to accommodate growing crowds, he bought the Sands hotel and casino on the Las Vegas Strip for $110 million, opening up a new line of business.

Adults-only Circa resort celebrates grand opening with arrival of guests - KLAS - 8 News Now

Posted: 28 Dec 2020 12:00 AM PST

LAS VEGAS (KLAS) — The Las Vegas valley's newest resort officially opened its hotel rooms, roof-top lounge and Legacy Club to guests Monday morning and will celebrate its grand opening in the evening.

The 777-room adults-only Circa Resort & Casino in downtown Las Vegas is 60 floors tall and is the tallest building north of the Las Vegas Strip. The property did allow guests with reservations to do an early check-in over the weekend.

"They say to save the best for last, and when you see our hotel tower and Legacy Club, you'll see that's exactly what we did," said Derek Stevens, CEO of Circa. "Circa is now home to some of the most stunning hotel rooms and suites in all of the city and watching Las Vegas light up before your eyes from Legacy Club is one of those 'wow' moments you have to experience for yourself."

The property pays tribute to vintage Vegas in its design and old-school hospitality.

Circa boasts the world's largest sportsbook, a 365-day/year pool experience, Stadium Swim, a two-story casino and much more, all of which opened at the end of October.

The Circa resort will be the home base for 8 News Now's New Year's Eve coverage.

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