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...billionaire investor has taken control of 10 casino properties in the past three months and is currently vying for three more. He grabbed control of nine Tropicana Entertainment casinos, including the Tropicana in Atlantic City, acquired the partly built Fontainebleau megacasino in Las Vegas and is currently in a contentious bidding war with Donald Trump for control of three Trump-branded casinos in Atlantic City. (Read TIME's cover story on casinos in Las Vegas...

Author: /time Magazine | Title: Why Carl Icahn Is Wagering Big on Casinos | 3/23/2010 | See Source »

...Echelon, a huge, multibillion-dollar project of four hotels that is now just three buildings of nine floors of concrete and steel beams sitting idly on some of the most expensive real estate in the country. I pass three more abandoned sites - 63 empty steel floors of the Fontainebleau, a sad unfinished shell that was supposed to be Caesars Palace's Octavius Tower and two cranes halted on a structure that was supposed to be a St. Regis condo building. I then drive up to where the New Frontier was razed to build a resort modeled on New York City...

Author: /time Magazine | Title: Less Vegas: The Casino Town Bets on a Comeback | 8/14/2009 | See Source »

When times get tough airlines can ground planes and cut routes, but hotels don't have that option. You can close wings, or certain floors, Hansen points out, "but the problem is, in markets like Miami" - which just saw the re-opening of the 1,504 room Fontainebleau in November - "you can't shut down air conditioning because you'll have mold and mildew...

Author: /time Magazine | Title: Hotels Try to Adapt to Hard Times | 12/17/2008 | See Source »

Luxury on Sale. The Art Deco Fontainebleau Miami Beach resort reopened in November after a $1 billion renovation. The hotel added an iMac to each of its 1,504 ocean-front rooms, plus a 40,000-sq.-ft. spa. Through Dec. 20, the Fontainebleau is offering special rates starting at $289 per night, which includes a $50 daily credit for use at the resort's spa, shops or 11 restaurants. From Dec. 21 to May 31, 2009, rates start at $399 per night. 4441 Collins Ave., Miami Beach...

Author: /time Magazine | Title: Personalized Bottles of Bubbly and Other Cool Deals | 12/12/2008 | See Source »

...newly reopened Fontainebleau Miami Beach resort's $1 billion renovation included putting an Apple iMac in each of the hotel's 1,504 rooms. With that, the Fontainebleau went "paperless": no in-room stationery, phone books, menus, newspapers - that's now available online only. Still, we figured the hotel's guests - along with the rest of the world - might want to write down a note now and again, so we fingered some of the most unusual and travel-friendly pens on the market...

Author: /time Magazine | Title: The Old Art of Writing Needs a Cool New Pen | 11/20/2008 | See Source »

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