FX Real Estate and Entertainment owns more than 15 acres of land in Las Vegas. It focuses on developing real estate and entertainment-based projects and attractions throughout the world. The company also operates the Park Central Property in Nevada. FX Real Estate and Entertainment maintains license agreements with Elvis Presley Enterprises and Muhammad Ali Enterprises, which are the subsidiaries of CKX Incorporated. FX Real Estate and Entertainment maintains a subsidiary, FX Luxury Realty.