Tilman Fertitta suspends plans for Las Vegas Strip casino resort
Tilman Fertitta has put his planned Las Vegas Strip resort development on hold, Fertitta Entertainment general counsel Steven L. Scheinthal said. Scheinthal said Fertitta views a competing casino as a conflict of interest while he remains a Wynn Resorts shareholder; the site will serve as a surface parking lot for the foreseeable future.
The decision leaves the 6.2-acre Strip site unavailable for the proposed casino resort while Fertitta retains his Wynn Resorts stake.