Las Vegas hotel and casino operator MGM Mirage is planning to cut the price of condominiums it already sold to assuage buyers after the recent collapse in home values in the U.S.

Players Network, the leading Digital Media Network dedicated exclusively to promote Las Vegas entertainment and the Gaming Lifestyle, has announced the launching of Living Vegas, a new TV channel focused on the Las Vegas real estate industry and set to run on cable ans satellite television and broadband platforms.

Paul Anderson, owner of PSN LLC Las Vegas has announced the sale of its premier property in Las Vegas: the Velvet Lion Gentlemen's Club. This highly popular Las Vegas adult club was acquired by Anderson’s investment group a few years ago when it was known as “Striptease”, since its acquisition in 2006, Anderson’s company has invested more than $1.2 million to take the club to a higher lever and offer customers a high-end experience completed with state of the art equipment, top service and luxury decoration and furnishing.

Michael E. Berland, executive vice president and principal of Chartwell Group’s Accelerated Marketing Division, has informed that the 22-acre property once intended for the Dragon City Hotel and Casino project in Las Vegas, Nevada, will go on auction on May 16th during the ICSC International Council of Shopping Centers Convention.

Is buying a home in Las Vegas a good investment?

As construction rages on in the Strip, potential home owners can capitalize on acquiring off-Strip property at a lower price.

Real Estate in Las Vegas has been a highly profitable endeavor for lucky Las Vegas home owners.  The Las Vegas Real Estate market has benefited tremendously from a residential building boom that shows little sign of slowing down.

Las Vegas got it's name from the Spanish travelers who visited the area and called it the meadows, or the grasslands