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Nevada Gambling News Brief

Elvis-themed casino coming to Las Vegas Strip

Fox News,  Thursday, March 27, 2008 at 6:09:08 PM

The company that owns the licensing rights to the name and image of Elvis Presley is continuing with plans to build a casino devoted to the King on the Las Vegas Strip, according to a Securities and Exchange Commission filing.

New York-based FX Real Estate and Entertainment said the project, planned for an 18-acre site across from the CityCenter development, hinges on whether the company can raise capital through debt and equity financing.

The development has a $3.1 billion price tag, not including land costs, financing and additional pre-opening costs, the filing said.

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