Former Vegas Riviera Hotel Land Parcel Sold For $120M

By Joyce Hanson (October 14, 2021, 7:00 PM EDT) -- The Las Vegas Convention and Visitors Authority's board of directors said it has unanimously approved the $120 million sale of a prime 10-acre land parcel on the Strip to a Chilean casino resort operator, who has agreed to develop the property as a hotel or resort.

The 10 acres of land sold for $120 million by the Las Vegas Convention and Visitors Authority were previously part of the Riviera Hotel, which was demolished in 2015 and 2016. (AP Photo/John Locher, file) CB Investment SpA, a company owned by South American businessman and real estate mogul Claudio Fischer, is buying the 10...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!