Another iconic property will be added to the Las Vegas Strip later this year, according to MGM. In a release on Monday, MGM Resorts International and Marriott International, Inc. announced that an ...

Purchasing and renovating historic properties is nothing new to Allan Affeldt, as the Arizona-based entrepreneur has spent decades breathing new life into distressed buildings across the Southwest.

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he was spending half his time in Las Vegas helping manage the two hotels, though he has whittled that down to one week a month in recent years. His plan to sell the two properties reflects his ...