{"id":29528,"date":"2021-10-17T01:11:50","date_gmt":"2021-10-17T08:11:50","guid":{"rendered":"https:\/\/www.casino.org\/vitalvegas\/?p=29528"},"modified":"2021-10-17T23:30:38","modified_gmt":"2021-10-18T06:30:38","slug":"lvcva-sells-chunk-of-riviera-site-to-bond-villain","status":"publish","type":"post","link":"https:\/\/www.casino.org\/vitalvegas\/lvcva-sells-chunk-of-riviera-site-to-bond-villain\/","title":{"rendered":"LVCVA Sells Chunk of Riviera Site to Bond Villain"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<html><body><p>The Las Vegas Convention and Visitors Authority (LVCVA) is selling a 10-acre section of the former Riviera casino site to &ldquo;a Chilean businessman&rdquo; who sounds a lot like a Bond villain.<\/p>\n<p>Mainly because this news is fairly boring otherwise.<\/p>\n<p>The land is being purchased for $120 million, which is pocket change to an evil genius who probably has a secret hideout in a volcano somewhere.<\/p>\n<figure id=\"attachment_16495\" aria-describedby=\"caption-attachment-16495\" style=\"width: 800px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"lazyload wp-image-16495 size-full\" style=\"border: 1px solid #000000;\" src=\"\/vitalvegas\/dist\/images\/common\/transparent_3x2.gif\" alt=\"Riviera parking lot\" width=\"800\" height=\"533\" data-src=\"https:\/\/www.casino.org\/vitalvegas\/wp-content\/uploads\/2017\/01\/riviera_demolition_after_010817.jpg\"><figcaption id=\"caption-attachment-16495\" class=\"wp-caption-text\">That time they turned a classic casino into a parking lot and everyone thought of the same song at the same time.<\/figcaption><\/figure>\n<p>According to the sale agreement, the parcel has to be used for a &ldquo;new resort.&rdquo;<\/p>\n<p>Which, of course, is code for a building that looks like a resort but which only exists to disguise a laser so powerful it could evaporate entire lakes so a certain &ldquo;businessman&rdquo; can cause, and &ldquo;miraculously&rdquo; solve, a collapse of the world salmon market.<\/p>\n<p>Insert malevolent laugh here.<\/p>\n<p>Actually, the buyer of the site is Claudio Fischer, owner of Sun Dreams, billed as the largest casino resort operator in Latin America.<\/p>\n<p>Sun Dreams owns 19 casinos in Chile, Argentina, Panama, Colombia and Peru.<\/p>\n<p>Fischer also gained a good deal of his wealth from salmon farming. Hello, it&rsquo;s called foreshadowing.<\/p>\n<p>Fischer. Salmon. It&rsquo;s all a little too perfect, isn&rsquo;t it?<\/p>\n<p>One of Fischer&rsquo;s casinos is called the Monticello. Which doesn&rsquo;t sound make up at all, right? Nothing like Montecito, the casino from the fictional TV show, &ldquo;Las Vegas,&rdquo; right?<\/p>\n<p>Please.&nbsp;Somebody needs to get M or Q or whoever&rsquo;s in charge now on the line immediately.<\/p>\n<figure id=\"attachment_11082\" aria-describedby=\"caption-attachment-11082\" style=\"width: 800px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"lazyload wp-image-11082 size-full\" style=\"border: 1px solid #000000;\" src=\"\/vitalvegas\/dist\/images\/common\/transparent_3x2.gif\" alt=\"Riviera Las Vegas\" width=\"800\" height=\"533\" data-src=\"https:\/\/www.casino.org\/vitalvegas\/wp-content\/uploads\/2015\/04\/riviera_neon1.jpg\"><figcaption id=\"caption-attachment-11082\" class=\"wp-caption-text\">If the new place could have some nods to the old place, that&rsquo;d be great.<\/figcaption><\/figure>\n<p>Anyway, the sale of the four hectares of prime real estate on the Las Vegas Strip is expected to close in June 2022. Um, hello. Who uses the term &ldquo;hectares&rdquo; except Bond villains?<\/p>\n<p>Construction of the new &ldquo;resort&rdquo; would presumably start in 2023.<\/p>\n<p>If Fischer doesn&rsquo;t start work on his lair, sorry, resort, by Jan. 1, 2031, the LVCVA will have the option to buy the land back.<\/p>\n<p>The Riviera took up 26 acres. The LVCVA didn&rsquo;t need all of those hectares, so here we are.<\/p>\n<p>The Riviera, of course, was a smelly Las Vegas casino prior to its closure in 2015 and demolition in 2016.<\/p>\n<p>We chronicled the whole damn thing, of course. Obsessively. For unknown reasons. Other than our obsession with Las Vegas. In case that weren&rsquo;t readily apparent.<\/p>\n<div data-mode=\"normal\" data-oembed=\"1\" data-provider=\"youtube\" id=\"arve-youtube-dvzzlx7fbf0\" style=\"max-width:900px;\" class=\"arve\">\n<div class=\"arve-inner\">\n<div style=\"aspect-ratio:500\/281\" class=\"arve-embed arve-embed--has-aspect-ratio\">\n<div class=\"arve-ar\" style=\"padding-top:56.200000%\"><\/div>\n<p>\t\t\t<iframe allow=\"accelerometer 'none';autoplay 'none';camera 'none';ch-ua 'none';clipboard-read 'none';clipboard-write;display-capture 'none';encrypted-media 'none';gamepad 'none';geolocation 'none';gyroscope 'none';hid 'none';identity-credentials-get 'none';idle-detection 'none';keyboard-map 'none';local-fonts 'none';magnetometer 'none';microphone 'none';midi 'none';payment 'none';picture-in-picture;publickey-credentials-create 'none';publickey-credentials-get 'none';screen-wake-lock 'none';serial 'none';sync-xhr;usb 'none';window-management 'none';xr-spatial-tracking 'none';\" allowfullscreen=\"\" class=\"arve-iframe fitvidsignore\" credentialless data-arve=\"arve-youtube-dvzzlx7fbf0\" data-lenis-prevent=\"\" data-src-no-ap=\"https:\/\/www.youtube-nocookie.com\/embed\/dVZzLx7fBF0?feature=oembed&amp;iv_load_policy=3&amp;modestbranding=1&amp;rel=0&amp;autohide=1&amp;playsinline=0&amp;autoplay=0\" frameborder=\"0\" height=\"505.8\" loading=\"lazy\" name=\"\" referrerpolicy=\"strict-origin-when-cross-origin\" sandbox=\"allow-scripts allow-same-origin allow-presentation allow-popups allow-popups-to-escape-sandbox\" scrolling=\"no\" src=\"https:\/\/www.youtube-nocookie.com\/embed\/dVZzLx7fBF0?feature=oembed&amp;iv_load_policy=3&amp;modestbranding=1&amp;rel=0&amp;autohide=1&amp;playsinline=0&amp;autoplay=0\" title=\"\" width=\"900\"><\/iframe><\/p><\/div>\n<\/div>\n<p>\t<script type=\"application\/ld+json\">{\"@context\":\"http:\\\/\\\/schema.org\\\/\",\"@id\":\"https:\\\/\\\/www.casino.org\\\/vitalvegas\\\/lvcva-sells-chunk-of-riviera-site-to-bond-villain\\\/#arve-youtube-dvzzlx7fbf0\",\"type\":\"VideoObject\",\"embedURL\":\"https:\\\/\\\/www.youtube-nocookie.com\\\/embed\\\/dVZzLx7fBF0?feature=oembed&iv_load_policy=3&modestbranding=1&rel=0&autohide=1&playsinline=0&autoplay=0\"}<\/script>\n<\/p><\/div>\n<p>While 10 acres doesn&rsquo;t sound like a lot, it&rsquo;s important to remember Cosmopolitan is built on a relatively petite 8.7 acres. Circa Las Vegas was built on less than three acres.<\/p>\n<p>So, there&rsquo;s plenty of room for Claudio Fischer and his henchmen (sorry, henchpersons) to build a beautiful casino resort to conceal a scheme so diabolical we may have to clone Sean Connery, clearly the best Bond, to come back to handle the smackdown.<\/p>\n<p>Dibs on the laser.<\/p>\n<p>Does this mandatory resort get built? Depends.<\/p>\n<p>It&rsquo;s a great location for convention business, obviously, as it pretty much sits on top of the Las Vegas Convention Center&rsquo;s new $1 billion expansion.<\/p>\n<p>A lot of hopes are riding on growth in the convention and meetings realm (looking at you, Resorts World), and nobody&rsquo;s really sure if those hopes will become a reality.<\/p>\n<p>Vegas has lost more big gatherings than it&rsquo;s gained recently, but it&rsquo;s an upside down world at the moment, so the jury&rsquo;s still out.<\/p>\n<p>A casino resort? We&rsquo;ll go with nope on that one, unfortunately. While Fischer is a casino guy, there&rsquo;s no way he gets through the gaming licensing process.&nbsp;Did we mention Fischer&rsquo;s done business in Chile, Argentina, Panama, Colombia and Peru? Just saying.<\/p>\n<figure id=\"attachment_16494\" aria-describedby=\"caption-attachment-16494\" style=\"width: 800px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"lazyload wp-image-16494 size-full\" style=\"border: 1px solid #000000;\" src=\"\/vitalvegas\/dist\/images\/common\/transparent_3x2.gif\" alt=\"Riviera Las Vegas\" width=\"800\" height=\"533\" data-src=\"https:\/\/www.casino.org\/vitalvegas\/wp-content\/uploads\/2017\/01\/riviera_demolition_051816.jpg\"><figcaption id=\"caption-attachment-16494\" class=\"wp-caption-text\">We knew there was a reason we took so many photos of The Riv.<\/figcaption><\/figure>\n<p>It would be a miracle if Fischer and his family members somehow managed to be graft dodgers. Not impossible, but gaming regulators go deep when they license a new casino owner in Las Vegas.<\/p>\n<p>The <a href=\"https:\/\/www.wikihow.com\/Get-a-Gaming-License-in-Nevada\" target=\"_blank\" rel=\"noopener noreferrer\">process is brutal<\/a>, and many who dipped their toes into these waters have fallen through a trap door into a school of piranha. Sorry to make it awkward, <a href=\"https:\/\/www.latimes.com\/business\/la-fi-nazarian-vegas-20151008-story.html\" target=\"_blank\" rel=\"noopener noreferrer\">Sam Nazarian<\/a>. Who, you have to admit, also would&rsquo;ve made a great Bond villain.<\/p>\n<p>We look forward to hearing more about Claudio Fischer&rsquo;s plans for this parcel on the former Riviera site.<\/p>\n<p>While we usually get excited about such announcements, this one left us neither shaken or stirred.<\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"<p>The Las Vegas Convention and Visitors Authority (LVCVA) is selling a 10-acre section of the former Riviera casino site to &ldquo;a Chilean businessman&rdquo; who sounds a lot like a Bond villain. Mainly because this news is fairly boring otherwise. The land is being purchased for $120 million, which is pocket change to an evil genius [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[23],"tags":[],"class_list":["post-29528","post","type-post","status-publish","format-standard","hentry","category-vegas"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>LVCVA Sells Chunk of Riviera Site to Bond Villain<\/title>\n<meta name=\"description\" content=\"The LVCVA is selling a 10-acre section of the former Riviera site to &quot;a Chilean businessman&quot; who sounds a lot like a Bond villain.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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