Fontainebleau Casino Transaction Expected By The End Of Summer

A transaction for the acquistion of a canned project fontainebleau resort las vegas can be completed by the end of summer, writes cdc gaming report.

There is no information about the potential buyer. It is only known that this is an entrepreneur related to the gambling industry. Financial instittion is also involved in the transaction.

Initial project plans included 3875 rooms and condominiums. Building a building high 730 feet began in 2007. The cost of its completion is estimated at $ 3 billion. His original developers, fontainebleau resorts of miami, sport $ 2 billion on the project.

Millionaire karl akikan bought a bankrupt property in january 2010 for $ 150 million.