Fight for 'Plaza' name may be for nothing

Nov 4, 2008 4:58 PM

Gaming Insider by Phil Hevener |

The owners of the famed New York Plaza brand may have prevailed in their effort to use the Plaza name for a resort on the site of the old Frontier, but does it even matter any more?

But the big freeze that closed down credit markets has experts wondering if El-Ad might be interested in selling the Strip acreage in which it invested over a billion dollars.

The prospect of a newcomer to the Las Vegas resort business getting a multibillion-dollar resort financed in the near future lies somewhere between slim and none at all.