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Country Star Blake Shelton and Grand Ole Opry Owner Bet on Las Vegas for New Honky-Tonk

REIT Plans To Spend $30 Million To Develop Venue Across From Bellagio Fountains

A rendering of the Ole Red location planned for the Las Vegas Strip. (Ryman Hospitality Properties)
A rendering of the Ole Red location planned for the Las Vegas Strip. (Ryman Hospitality Properties)

Country music star Blake Shelton is headed to the Las Vegas Strip to do some honky-tonk business with the real estate investment trust that owns the Grand Ole Opry. In doing so, he's taking a page from musician Jimmy Buffett's property development playbook.

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