On the weekend of Jan. 28, Rolling Stone founder Jann Wenner traveled to Las Vegas to work on plans for a Rolling Stone Hotel and Casino.
Mr. Wenner’s magazine has a long history with the city. On assignment there in November 1971, Rolling Stone writer Hunter S. Thompson announced the defeat of the counterculture: From the city, Thompson wrote, “you can almost see the high-water mark—the place where the wave finally broke and rolled back.”
Nearly 35 years after Thompson’s visit, according to a source with knowledge of the deal, the Wenner Media chief is negotiating with real-estate developers to license his magazine’s name to an estimated $500 million development with luxury hotel rooms, a casino and a music venue that would host “the biggest and most important music acts.”
— Larry, Attack Monkey, Light Reading