Westward Ho Hotel And Casino
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Westward Ho Hotel And Casino
Westward Ho Hotel and Casino was a casino and hotel located on the Las Vegas Strip in Winchester, an unincorporated area of Clark County in the U.S. state of Nevada. The Westward Ho occupied 15 acres, and was the last large motel style property on the Strip. It was a two-story building with parking surrounding the buildings. The casino had many slot machines, and a gaming pit with live dealers. The games included blackjack, roulette, craps, and Let It Ride. A separate building, The Ho, operated at the rear of the property from 2004 to 2005, offering a small casino, a restaurant, and a convenience store. The Westward Ho opened in 1963. By 1997, it included 777 rooms, a casino, and a 900-seat showroom. The Westward Ho closed on November 17, 2005, and was demolished several months later to make way for redevelopment plans which failed to materialize. A McDonald's opened on a portion of the former Westward Ho property in 2008. History The Westward Ho was built by Ron's Construction ...
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Winchester, Nevada
Winchester is an unincorporated town and census-designated place (CDP) in Clark County, Nevada, United States that contains part of the Las Vegas Strip. It is one of a number of CDPs in the unincorporated urbanized area directly south of Las Vegas. The population was 36,403 at the 2020 census. It is governed by the Clark County Commission with advice from the Winchester Town Advisory Board. "Winchester, NV" does not appear in postal addresses; the United States Postal Service has assigned "Las Vegas, NV" as the place name for the ZIP codes containing Winchester. History The southern part of the Las Vegas Valley was referred to as Paradise Valley as early as 1910, owing to a high water table that made the land particularly fertile for farming. County commissioners established a Paradise school district in 1914. In 1950, mayor Ernie Cragin of Las Vegas sought to annex the Las Vegas Strip, which was unincorporated territory, in order to expand the city's tax base to fund his am ...
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Centex Corporation
PulteGroup, Inc. is an American residential home construction company based in Atlanta, Georgia, United States. The company is the 3rd largest home construction company in the United States based on the number of homes closed. In total, the company has built over 775,000 homes. The company operates in 44 markets in 23 states. In 2021, it ranked 284th on the Fortune 500. The company was founded by Bill Pulte in Michigan, and moved its headquarters to Atlanta, Georgia in 2014. Since 2016, Ryan Marshall has been the President and CEO of the company. History In 1950, Bill Pulte, who was 18 years old, began building and selling houses. In 1956, the company was formed and was based in Bloomfield Hills, Michigan. In 1972, the company became a public company via an initial public offering. In 1998, PulteGroup acquired Divosta for an estimated $150 million. The company also acquired Radnor Homes. In 2001, the company acquired Del E. Webb Construction Company, founded by Del Webb, for $1.8 ...
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The Cromwell Las Vegas
The Cromwell Las Vegas (formerly Barbary Coast and Bill's Gamblin' Hall and Saloon) is a luxury boutique casino hotel on the Las Vegas Strip in Paradise, Nevada. It is owned and operated by Caesars Entertainment. It was originally opened by Michael Gaughan as the Barbary Coast on March 2, 1979. Several nearby resorts were opposed to its construction, partially due to concerns about increased traffic congestion. The property featured Victorian décor and later became part of Gaughan's company, Coast Casinos. The Barbary Coast would go on to add two popular restaurants, and a nightclub by Victor Drai. Boyd Gaming acquired the Barbary Coast in 2004, when it purchased Coast Casinos. Boyd subsequently traded the Barbary Coast to Harrah's Entertainment, in exchange for other property on the Las Vegas Strip. Harrah's finalized its acquisition in February 2007, and briefly closed the Barbary Coast before reopening it on March 1, 2007, as Bill's Gamblin' Hall and Saloon. The property was ...
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Echelon Place
Echelon (originally Echelon Place) was a proposed $4.8 billion mixed-use project that was to be built on the Las Vegas Strip in Winchester, Nevada. Boyd Gaming announced the project in January 2006, as a replacement for its Stardust Resort and Casino. Echelon Place, to be built on , was to include a casino, 4 hotels providing 5,300 rooms, 25 restaurants and bars, and the Las Vegas ExpoCenter. Echelon Place was also to include the $2.9 billion Echelon Resort, with 3,300 hotel rooms. Other hotels were also to include a Shangri-La Hotel and two hotels by Morgans Hotel Group: a Delano Hotel and a Mondrian Hotel. The project was also to include a $500 million shopping promenade, to be co-developed and managed by General Growth Properties. The Stardust was closed in November 2006, and subsequently demolished. Groundbreaking for the Echelon project occurred on June 19, 2007, with an opening scheduled for the third quarter of 2010. However, construction was suspended on August 1, 2008, a ...
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Boyd Gaming
Boyd Gaming Corporation is an American gaming and hospitality company based in Paradise, Nevada. The company continues to be run by founder Sam Boyd's family under the management of Sam's son, Bill Boyd (born 1931), who currently serves as the company's executive chairman after retiring as CEO in January 2008. As of 2021, Boyd operates 28 properties with a total of 10,751 hotel rooms and of casino space with 31,635 slot machines and 686 table games. Gaming revenue is 80% of total gross revenue. History Boyd Gaming's history dates to 1941, when founder Sam Boyd first arrived in Las Vegas with his family. After being hired as a dealer, Sam Boyd worked his way up through the ranks of the Las Vegas casino industry, first to pit boss, then shift boss. He eventually saved enough to buy a small interest in the Sahara Hotel and Casino; later, Sam Boyd left the Sahara to become general manager and partner of The Mint Las Vegas. Sam Boyd first partnered with his son Bill in 1962, when ...
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Option (finance)
In finance, an option is a contract which conveys to its owner, the ''holder'', the right, but not the obligation, to buy or sell a specific quantity of an underlying asset or instrument at a specified strike price on or before a specified date, depending on the style of the option. Options are typically acquired by purchase, as a form of compensation, or as part of a complex financial transaction. Thus, they are also a form of asset and have a valuation that may depend on a complex relationship between underlying asset price, time until expiration, market volatility, the risk-free rate of interest, and the strike price of the option. Options may be traded between private parties in ''over-the-counter'' (OTC) transactions, or they may be exchange-traded in live, public markets in the form of standardized contracts. Definition and application An option is a contract that allows the holder the right to buy or sell an underlying asset or financial instrument at a specified strike ...
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Harrah's Entertainment
Harrah's Entertainment (later named Caesars Entertainment Corporation, previously The Promus Companies) was an American casino and hotel company founded in Reno, Nevada, and based in Paradise, Nevada, that operated over 50 properties and seven golf courses under several brands. In 2013, it was the fourth-largest gaming company in the world, with annual revenues of $8.6 billion. It was acquired in 2020 by Eldorado Resorts, which then changed its own name to Caesars Entertainment. At the end of its existence, Caesars was a public company, majority-owned by a group of private equity firms led by Apollo Global Management, TPG Capital, and Paulson & Co.; and Carl Icahn. Caesars's largest operating unit filed for Chapter 11 bankruptcy protection in 2015, which led to the foundation of Vici Properties as a result. History William F. Harrah era (1937–1978) The company's background can be traced to October 29, 1937, when Bill Harrah opened a small bingo parlor in Reno, Nevada, a p ...
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Condo Hotel
A condo hotel, also known as a condotel, hotel condo or a contel, is a building which is legally a condominium but which is operated as a hotel, offering short term rentals, and which maintains a front desk. Condo hotels are typically high-rise buildings developed and operated as luxury hotels, usually in major cities and resorts. These hotels have condominium units which allow someone to own a full-service vacation home. When they are not using this home, they can leverage the marketing and management done by the hotel chain to rent and manage the condo unit as it would any other hotel room. Legal conflicts The U.S. Government is very strict about the type of advertising that can be done vis-a-vis condo hotel projects. Some condo projects have advertised themselves as real estate investments, but since the value of these condos as a real estate investment is not entirely clear the U.S. Government currently disallows use of this reference when advertising condo hotels. Condo ho ...
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Mixed-use
Mixed-use is a kind of urban development, urban design, urban planning and/or a zoning type that blends multiple uses, such as residential, commercial, cultural, institutional, or entertainment, into one space, where those functions are to some degree physically and functionally integrated, and that provides pedestrian connections. Mixed-use development may be applied to a single building, a block or neighborhood, or in zoning policy across an entire city or other administrative unit. These projects may be completed by a private developer, (quasi-) governmental agency, or a combination thereof. A mixed-use development may be a new construction, reuse of an existing building or brownfield site, or a combination. Use in North America vs. Europe Traditionally, human settlements have developed in mixed-use patterns. However, with industrialization, governmental zoning regulations were introduced to separate different functions, such as manufacturing, from residential areas. Public h ...
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Las Vegas Wash
Las Vegas Wash is a 12-mile-long channel (an Arroyo (creek), "arroyo" or "wash") which feeds most of the Las Vegas Valley's excess water into Lake Mead. The wash is sometimes called an ''urban river'', and it exists in its present capacity because of an urban population. The wash also works in a systemic conjunction with the pre-existing wetlands that formed the oasis of the Las Vegas Valley. The wash is fed by urban runoff, shallow ground water, reclaimed water used on parks and golf courses, and stormwater. The wetlands of the Las Vegas Valley act as the kidneys of the Natural environment, environment, cleaning the water that runs through it. The wetlands filter out harmful residues from fertilizers, oils, and other contaminants that can be found on the roadways and in the surrounding desert. Near its terminus at Las Vegas Bay, the wash passes under the man made Lake Las Vegas through two 7-foot pipes. History Before development in the valley above the wash, it was able to ...
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Southern Nevada Water Authority
The Southern Nevada Water Authority (SNWA) is a government agency that was founded in 1991 to manage Southern Nevada's water needs on a regional basis in Clark County, Nevada, Clark County. SNWA provides wholesale water treatment and delivery for the greater Las Vegas Valley and is responsible for acquiring and managing long-term water resources for Southern Nevada. From its inception, the SNWA has worked to acquire additional water resources, manage existing and future water resources, construct and operate regional water facilities and promote water conservation. The SNWA is governed by a seven-member board of directors, which comprises one elected official from each governing board of the SNWA's seven member agencies. While the Board of Directors sets policy direction for the SNWA, the Las Vegas Valley Water District is responsible for the day-to-day management of the organization through an agreement between the SNWA member agencies. Member agencies * Big Bend Water District ( ...
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Riprap
Riprap (in North American English), also known as rip rap, rip-rap, shot rock, rock armour (in British English) or rubble, is human-placed rock or other material used to protect shoreline structures against scour and water, wave, or ice erosion. Ripraps are used to armor shorelines, streambeds, bridge abutments, foundational infrastructure supports and other shoreline structures against erosion. Common rock types used include granite and modular concrete blocks. Rubble from building and paving demolition is sometimes used, as well as specifically designed structures called tetrapods. Riprap is also used underwater to cap immersed tubes sunken on the seabed to be joined into an undersea tunnel. Environmental effects Sediment effects Ripraps cause morphological changes in the riverbeds they surround. One such change is the reduction of sediment settlement in the river channel, which can lead to scouring of the river bed as well as coarser sediment particles. This can be combat ...
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