The Fontainebleau was snapped up earlier this year by billionaire investor Carl Icahn and the initial thought was that construction would resume and someday in the somewhat near future, the hotel and casino would open as originally planned. But the furniture sale could mean that Icahn is already looking to unload the property to someone else. And even then, the hotel may never get built.
With so many hotel rooms now open in Vegas and visitor numbers and spending not quite what they used to be, opening a nearly 4,000+ hotel room in a crowded, somewhat depressed market is just not a sound business opportunity. Indeed, it's a common joke on the Strip that the Fontainebleau will get imploded before it even opens. Sad. We just wonder where will the LVFD do their training from now on?