Three-quarters of the games in Las Vegas’ four-winds casino were canceled before the season opened, leaving the place as the only remaining casino in the city without a full day of play.
That’s a problem for casino owners, and the lack of play means that the only way to make ends meet is to buy the games at a discount.
The result is that the casino is now being forced to sell off some of its older games, which is one of the reasons the city is looking to sell the rest of the properties.
The city has sold the two remaining three-wind casinos in Las Veintos and Las Vegas Mirage to two local investors, who have been seeking to sell a combined $10 billion worth of properties.
As of late September, the city had about $1.5 billion in cash on hand, according to city officials.
That number is expected to rise after a federal court ruling last week that the city should not have been forced to give up any of the remaining properties.
While the city could sell the remaining property outright, it won’t be cheap, as it will likely need to negotiate a price with its partners.
For the moment, that leaves the city with a handful of properties to sell.
The first to go is a four-lane highway that’s part of a $2.3 billion casino project at the end of the Strip.
The highway, which runs parallel to the Strip and crosses a river that connects Las Vegas to Tijuana, was part of the original casino plan that was rejected when the city decided to go with the four-handicap layout.
The casino has been operating as a four lane, three lane highway for several years, and a plan to build a four lanes version of the highway has been underway since 2013.
That highway, known as the Strip Expressway, will be the only connection between Las Vegas and Mexico.
But with the Vegas Strip now closed to public use, the state is looking for alternatives to keep the casino open.
One of those options is the Las Vegas Strip Express.
The project has been in the works since 2008, and was announced in 2014 as a part of an ambitious plan to redevelop the strip.
But the city, which owns the land and pays for the highway, has yet to find a buyer for the land.
At the time, Mayor Carolyn Goodman told The Hill that there was no plan for the casino to be demolished.
“I don’t think there’s a plan right now for the project to be moved forward,” she said.
The idea is to take a highway that is used for traffic to create a high-speed train station that will connect Las Vegas with the rest and beyond, Goodman said.
If the Las Veints do decide to move forward with the project, they’ll have to find another way to pay for the new highway.
That would likely involve a public-private partnership, which would involve the city paying for the $1 billion price tag and the casino paying the rest.
A $100 million deal for the four winds casino that opened in February, which was supposed to open in 2019, was canceled by the city after the state refused to pay the casino for more than a year.
The Vegas Sands has been trying to sell four of the six remaining four- wind casinos that have closed in Las Vegintos for months, and has been negotiating with the city to buy a combined total of the four remaining properties for around $1 million each.
That deal has been pushed back and the city now is looking at a combined bid of $100,000 per property, the Las Vegints said in a statement to the paper.
While that would be a significant sum of money for the city’s struggling casinos, it is not a great way to help the city that relies on its casino revenue to fund its basic services.
“It’s a big number, and I don’t know how much the city would get out of that,” one Las Veina owner told The Salt.
“But I do think that it’s an appropriate amount of money that the community should be looking at, and it’s certainly not enough to keep Las Vegas afloat.”