The much-anticipated move would give Fertitta control of one of the largest gaming companies in the world and put him in direct competition with MGM.

Houston-based billionaire Tilman Fertitta plans to buy Caesars Entertainment and take it private in a deal valued at $17.6 billion. Fertitta Entertainment will pay $5.7 billion and take on close to $12 billion in debt from Caesars.

The executive cited ongoing financial losses and unsuccessful investment efforts as reasons for the closure.

The family behind Primm Valley Resorts says it is working to revive the fading Nevada gambling hub after mass closure announcements sparked fears that it's about to become a ghost town.

Primm Valley Casino Resorts will close 624 hotel rooms when it shutters this summer

All-inclusive vacations are usually associated with beach resorts, but now, Las Vegas casino operators are rolling out bundled packages, combining rooms, meals and drinks into a single upfront price. MGM Resorts and Caesars Entertainment — two of the biggest players on the Strip — have both introduced bundled deals in recent weeks that are likely to appeal to more budget-conscious travelers.

Las Vegas officially has a new nonstop air route to Paris, and it will hopefully boost the city's tourism numbers, which have seen a sharp drop over the past year or so. Air France began direct service between Paris-Charles de Gaulle and Harry Reid International Airport on April 15, giving Las Vegas its first-ever regularly scheduled nonstop route to the French capital.

Diners who stay off phones may order multiple courses or more drinks, hospitality experts say