written and last updated by
Sam Smith at
09 Oct 2023
Journalist, Editorial Department
Howard Hughes Holdings (HHH), a real estate development and management company, is planning to open a new casino on the Las Vegas Strip. Currently, its portfolio primarily consists of retail, office, and residential properties across several U.S. states. If these plans come to fruition, it will mark HHH's first foray into the gaming industry.
As part of this initiative, Howard Hughes Holdings has established a new division called Seaport Entertainment, which will oversee assets related to the entertainment sector in New York and Las Vegas. Among these assets is an 80% stake in the air rights above the Fashion Show Mall, where the new casino is expected to be located.
HHH aims to take Seaport Entertainment public by the end of 2024, allowing the division to operate independently and focus on the entertainment sector. To spearhead this strategy, Howard Hughes Holdings has appointed Anton Nikodimus as the CEO of Seaport Entertainment. Nikodimus is a seasoned executive with over eleven years of experience in key roles at MGM Resorts International.
David O'Reilly, CEO of Howard Hughes Holdings, commented, "The assets of Seaport Entertainment sit at the intersection of real estate and entertainment. Anton brings a wealth of experience in creating some of the country's most iconic entertainment venues. We are fortunate to have him lead this exciting new division of Howard Hughes."
HHH has historical ties to Las Vegas. In the later years of its founder's life, the company became a major urban developer and investor in the area. At one point, Howard Hughes Holdings owned several popular hotel-casinos, including Castaways, New Frontier, The Landmark Hotel, and The Sands.
In related news, BetMGM has been recognized as the Online Casino of the Year at the 2023 American Gambling Awards.
