![]() The deal also lets Station block competitors from potentially building a resort in the area, said Las Vegas real estate broker John Knott, head of CBRE Group’s global gaming group. But its purchase is a wager on a fast-growing area and is a throwback to the pre-recession days, when the company loaded up on future casino sites before it went bankrupt. It’s unclear when Station would develop a project or if the company has drawn up plans for one. The locals-focused casino operator bought around 40 acres of land in the Skye Canyon community, in the upper northwest valley, for $36 million. But that hasn’t stopped it from wanting more. Erik Verduzco Las Vegas Review-Journal Casinos has owned big tracts of land around the Las Vegas suburbs for years without building hotels on them. Damien Hirst's The Unknown, Explored, Explained, Exploded, shark art piece inside the renovated Palms hotel-casino in Las Vegas, Thursday, May 17, 2018.
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