Tribal High Rollers, MHA Nation Plots $2 Billion Casino On Vegas Strip
Summary
The MHA Nation is planning a large-scale casino and hotel project on a 23-acre site across from the Luxor on the Las Vegas Strip. The proposed resort, estimated to cost $2 billion, would include a casino-hotel, entertainment theater, convention center, and a 15,000-20,000 seat event arena. The land was acquired between 2020 and 2023 for approximately $115 million. Funding for the project is expected to come from outside equity, but the tribe’s financial decisions, particularly a $250 million repositioning of the People’s Fund into private investments, have caused significant controversy and legal challenges within the Fort Berthold Reservation. While the project has undergone a preliminary review by Clark County, a full application and further approvals are still required, and the demolition of the White Sands Motel previously raised permitting questions. The project’s success will depend on navigating land-use reviews and addressing concerns about balancing off-reservation investments with local tribal priorities.
(Source:Hoodline)