There are more than a few things that can be said about the desert diamond casino, including its proximity to Vegas, its history, its casinos, and its reputation for being one of the worst casinos in America.
But there is one thing that you may not know about its name.
And that’s the history of its owner.
The casino, which opened in 1970 and was built on the site of the former Casinos Atlantic City, opened its doors to casino guests in the fall of 1971.
By March, it was operating at a loss of $1 million a day.
It was in desperate need of cash, so it began to sell its remaining inventory, according to documents obtained by the Associated Press.
At the time, the company owned only 1,500 rooms and only 6,000 slot machines.
It also offered a number of services, including hosting the Vegas Marathon, a four-day race for runners.
The Las Vegas Sands Corp., which owns the casino, sold the business to Wynn Resorts, the world’s largest hotel and casino company.
Wynn, which also operates the Mandalay Bay resort and casinos, said it was not a party to the sale.
Wynns president and CEO, Bob Iger, said in a statement that the casino was sold to “a well-respected and successful casino owner, who has the highest standards of ethics and integrity in his business.”
He said that the deal would bring positive change to the Las Vegas and that Wynn will use its money to create jobs, improve the local economy and support the development of new facilities and tourism opportunities in the area.
What did the deal mean for the Las Vegas residents?
It could have been devastating for the residents of Las Vegas.
In 1971, when it opened, the Lasvegas Sands was one of five casinos in the country, according a recent report from the National Association of Counties.
The casinos at Atlantic City were the only ones that didn’t have the capacity to host the number of customers that the Las vegas was expected to attract.
In the summer of 1971, Wynn agreed to pay $1.4 million for the property.
That’s the sum that the Sands put up for sale.
But it’s not clear that Wynns had a significant stake in the property, or if it would have been worth much at all.
The Sands had already been in business for nearly 40 years before Wynn bought it.
And there were plenty of other casinos in Atlantic City that were operating, and they were not going to sell for less than the Sands.
The deal gave Wynn control of the casino for a full two years.
Wynnis chief operating officer, John Bouchard, said the deal also included a severance package for the Sands, as well as the ability to negotiate a new agreement with Las Vegas Mayor James H. F. Wynnes.
In a statement, Wynns said the casino would continue to operate and will use the proceeds to help the city rebuild its infrastructure, expand its workforce and hire more people.
Wynne’s statement also said the Sands will work with the city and the city of Las Veces to improve and modernize the Las Venes entertainment district.
But, in a news release, Wynnes said it would “not be appropriate for us to discuss the terms of the sale agreement.”
What happens now?
Wynn and Las Vegas have not been able to work out any new deals with other casinos, which would have made the Sands’ loss much less of a blow.
But that hasn’t stopped some of the locals from hoping that it will be possible to bring some sort of closure to Las Vegas, at least for a time.
For many years, the casinos have been plagued by problems.
Casino workers are known to die from working conditions that are far from ideal, and there have been some tragic accidents involving people who worked for the casinos.
But the casinos and their operators have managed to avoid any major health issues.
Wynniks management has not been willing to acknowledge any of that, which is probably because, for so long, the casino business has relied on the casino operators to handle its health and safety issues.
That means that while the LasVegas Sands may be struggling, the Wynn-owned casinos will be able to operate in a safe, profitable environment for years to come.