Las Vegas Stratosphere to Be Sold

The Las Vegas Stratosphere is set to be sold. Reportedly, it will sell for some $1.3 billion. The history of the Las Vegas casino is interesting. The project was not highly favored when it was developed and during construction there were some major issues. A man named Carl Ichan saw the investment opportunity and made the purchase. It is anticipated that the project will net his company around $1 billion. What an investment!

Other resort projects and developments are in progress and others are in planning stages.