Fontainebleau Vegas Eyes Expansion With $112.5M Land Purchase

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Developer Jeffrey Soffer makes strategically located acquisition for future growth.

Just a half-year after the Fontainebleau Vegas finally opened its doors in December after two decades of stalled development, developer Jeffrey Soffer plans to acquire five additional acres nearby for $112.5 million,

Fast forward through the 2010s and a handful of ownership changes later, and the luxury hotel and casino resort finally held its “Almost six months into operations, we are already seeing positive and encouraging results for Fountainebleau Vegas,” Soffer said in a statement. “This acquisition, which is strategically located for future growth, underscores our confidence in the Las Vegas market. We look forward to disclosing more details in the near future.

Sports bettors can enjoy The Tavern at Fontainebleau, a 14-000 square-foot race and sportsbook with panoramic TV screens, plush seating, and pub favorites for dining. betting odds powered by Red rock Resorts’ technology powers the odds at the betting windows, kiosks, and a mobile app.

 

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