No one looks to Reno or Legends Bay for inspiration. The city has continued to demonstrate industry leadership with its move in major freestanding sports and entertainment complexes, billions of dollars in investment. Casinos around the world look to Sin City for ideas, inspiration, and models. Las Vegas is a casino-resort trendsetter. It does not have home improvement, sporting goods, or department stores.įontainebleau will raise the bar of expectations for new casinos, forcing others to follow its lead.
The resort has 3,600 rooms, 36 restaurants, a nightclub, spa, and a 3,880-seat theater. The cost of construction is estimated at $3.7 billion. In 2021, the original owner repurchased it for $350 million. Carl Ichan bought it in 2009 for $170 million and sold it in 2017 for $600 million.
The property was bought and sold several times. It was delayed by the Great Recession and continual financing issues. Like its northern cohort, Fontainebleau has been a long time in the making. Legends Bay is merely an added amenity to a shopping mall estimated to draw over two million visitors a year.įontainebleau Las Vegas is scheduled to open in December. The real draw is its next-door neighbor, the Outlets at Legends Shopping Mall, anchored by Scheels Sports, Lowes, and Target. It relies on two national chains with 100-room hotels located nearby. It has meager restaurant offerings and no hotel. Legends is small potatoes by modern casino standards.