The Hooters Casino Hotel off Tropicana Avenue near the Las Vegas Strip has been sold for $70 million to Trinity Hotel Investors LLC, a New York-based investment company.The property first opened in 1973 as the Hotel San Remo, and was purchased in 2006 by four original founders of the Hooters restaurant chain. Gratis roulette spelen online. About Hooters of Hooters Las Vegas Casino. Enjoy world famous wings and a great beer selection at Hooters of Hooters Las Vegas Casino. Eat-in or carryout, the best food in Nevada can always be found right in Las Vegas. Daily happy hour specials, drink specials and craft beer on tap. Join the Hootclub. Investment company 155 East Tropicana, said Monday that it was terminating its agreement to sell Hooters Casino Hotel to Hedwigs Las Vegas Top Tier for $98.0 million after the buyer failed to make a required $500,000 payment by June 6.
Yet another Las Vegas hotel-casino is changing hands.
Riviera was recently sold to the Las Vegas Convention and Visitors Authority, and closed May 4, 2015. Tropicana is going to Penn National Gaming by the end of 2015.
Now, the entirely unremarkable Hooters Casino Hotel has been purchased by a company called Trinity Hotel Investors for $53.8 million.
The sale happened under the radar on May 1, 2015, a mere day after employees were informed of the purchase. Way to keep it classy, owner persons.
Hooters Casino Hotel has 696 rooms, exactly none of which you'd stay in unless you lost a bet.
We first saw word of the sale on the excellent Stiffs and Georges blog, and it was later confirmed by the Las Vegas Sun.
Compared to other recent sales, Hooters was had for a song. Riviera sold for $182.5 million. The Trop cost $360 million. Hooters was so inexpensive at $53.8 million, it's believed Vegas mogul Steve Wynn has roughly that amount of cash in his pocket right this very minute.
The new owners of Hooters are expected to rebrand it. Rumors are Holiday Inn will take over operation of the resort, but not under that name.
Hooters Casino Hotel, previously the San Remo, has been a financial cluster for some time now. In fact, several times, it's nearly gone bust. Because you know damn well we weren't going to do an entire story about Hooters without a 'bust' joke.
New ownership is a glimmer of hope for the only casino in Las Vegas known to have given this blog alcohol poisoning with its policy of swapping out a call liquor for some blasphemous, generic crap without informing us it was doing so. Asshats.
While for years we've been hoping Hooters would burn to the ground after a lightning strike, we're cautiously optimistic a new owner could make something of the joint.
Hooters opened as a Howard Johnson Hotel. Then is was the Paradise, the Polynesian Paradise and Treasure Hotel before becoming Hotel San Remo and eventually Hooters. Sign-makers love the place.
The stated 'singular purpose' of Trinity Hotel Investors is 'investing in and enhancing the value of hotel real estate.' They also tout their acumen at 'identifying investment opportunities with strong risk-return profiles.'
So, yeah, we're not holding our breath about the whole 'making something of the joint.'
Riviera Las Vegas Closes
Hooters Casino Hotel
Riviera Las Vegas closed its doors at noon on May 4. Players dropped by over the weekend for one last look. The tables games closed around 3am on Monday morning. The slots and bar stayed open until the last minute. By 12:30pm, the last guests had been shown the door.
It operated for 60 years on the Las Vegas Strip. It was the first high rise hotel on Las Vegas Blvd and the ninth casino in the resort corridor. The property was acquired by the Las Vegas Convention and Visitors Authority. It will be imploded to make room for a massive expansion of its convention facilities.
A liquidation sale will take place on the premises starting on May 14. Table games, kitchen equipment, logo items and hotel furnishings are among the items for sale. A summary of the items may be found here.
Video poker and slots will not be among the items at the sale. Those were acquired by Derek Stevens, owner of Golden Gate and The D, both located on Fremont Street downtown. Some of those devices will be installed at that casino. Others will be auctioned off.
Hooters Casino Sold
Hooters Casino in Las Vegas was sold for $53.8 million, as first reported by the Las Vegas Sun. Trinity Hotel Investments of New York is the buyer. The Las Vegas Sun speculates that the Hooters branding will be removed from the property and replaced by something under the Trinity umbrella, which includes Holiday Inn. The existing Hooters restaurant on the property is expected to stay. The deed was recorded on May 1, meaning the sale has already occurred.
Tropicana Las Vegas to be Sold
Hooters isn't the only property being sold in that part of Las Vegas. Its neighbor Tropicana will be sold to Penn National Gaming, according to the Vegas Inc. That group already owns the M Resort south of the Las Vegas Strip. Spielo big city 5s. This will be the first property on the Las Vegas Strip for Penn National Gaming. The sale price is not yet disclosed. The Tropicana players club will be replaced by one managed by Penn National. This sale does not affect the Laughlin or New Jersey properties, which both have different owners.
Hooters Casino Oyo
Resorts World Break Ground
Resorts World broke ground on Las Vegas Blvd on Tuesday. It is directly across the street from Riviera, which closed the previous day. The new resort owned by Genting will be on the former Stardust property. It will include a Great Wall of China down Las Vegas Blvd. The Asian-themed resort is expected to open in 2018.
Macau Revenue Falls Again
Hooters Casino Review
Macau's gaming revenue fell sharply for the 11th straight month. The world's largest gaming market dropped 39 percent in April from the previous year. It raked in $2.4 billion last month. The loss of gaming revenue affects Wynn Resorts, Las Vegas Sands and MGM Resorts. Wynn Resorts cut its dividend from $1.50 to $.50 for the past quarter based on its exposure to Macau and the gaming losses in the market.
Yet another Las Vegas hotel-casino is changing hands.
Riviera was recently sold to the Las Vegas Convention and Visitors Authority, and closed May 4, 2015. Tropicana is going to Penn National Gaming by the end of 2015.
Now, the entirely unremarkable Hooters Casino Hotel has been purchased by a company called Trinity Hotel Investors for $53.8 million.
The sale happened under the radar on May 1, 2015, a mere day after employees were informed of the purchase. Way to keep it classy, owner persons.
Hooters Casino Hotel has 696 rooms, exactly none of which you'd stay in unless you lost a bet.
We first saw word of the sale on the excellent Stiffs and Georges blog, and it was later confirmed by the Las Vegas Sun.
Compared to other recent sales, Hooters was had for a song. Riviera sold for $182.5 million. The Trop cost $360 million. Hooters was so inexpensive at $53.8 million, it's believed Vegas mogul Steve Wynn has roughly that amount of cash in his pocket right this very minute.
The new owners of Hooters are expected to rebrand it. Rumors are Holiday Inn will take over operation of the resort, but not under that name.
Hooters Casino Hotel, previously the San Remo, has been a financial cluster for some time now. In fact, several times, it's nearly gone bust. Because you know damn well we weren't going to do an entire story about Hooters without a 'bust' joke.
New ownership is a glimmer of hope for the only casino in Las Vegas known to have given this blog alcohol poisoning with its policy of swapping out a call liquor for some blasphemous, generic crap without informing us it was doing so. Asshats.
While for years we've been hoping Hooters would burn to the ground after a lightning strike, we're cautiously optimistic a new owner could make something of the joint.
Hooters opened as a Howard Johnson Hotel. Then is was the Paradise, the Polynesian Paradise and Treasure Hotel before becoming Hotel San Remo and eventually Hooters. Sign-makers love the place.
The stated 'singular purpose' of Trinity Hotel Investors is 'investing in and enhancing the value of hotel real estate.' They also tout their acumen at 'identifying investment opportunities with strong risk-return profiles.'
So, yeah, we're not holding our breath about the whole 'making something of the joint.'
Riviera Las Vegas Closes
Hooters Casino Hotel
Riviera Las Vegas closed its doors at noon on May 4. Players dropped by over the weekend for one last look. The tables games closed around 3am on Monday morning. The slots and bar stayed open until the last minute. By 12:30pm, the last guests had been shown the door.
It operated for 60 years on the Las Vegas Strip. It was the first high rise hotel on Las Vegas Blvd and the ninth casino in the resort corridor. The property was acquired by the Las Vegas Convention and Visitors Authority. It will be imploded to make room for a massive expansion of its convention facilities.
A liquidation sale will take place on the premises starting on May 14. Table games, kitchen equipment, logo items and hotel furnishings are among the items for sale. A summary of the items may be found here.
Video poker and slots will not be among the items at the sale. Those were acquired by Derek Stevens, owner of Golden Gate and The D, both located on Fremont Street downtown. Some of those devices will be installed at that casino. Others will be auctioned off.
Hooters Casino Sold
Hooters Casino in Las Vegas was sold for $53.8 million, as first reported by the Las Vegas Sun. Trinity Hotel Investments of New York is the buyer. The Las Vegas Sun speculates that the Hooters branding will be removed from the property and replaced by something under the Trinity umbrella, which includes Holiday Inn. The existing Hooters restaurant on the property is expected to stay. The deed was recorded on May 1, meaning the sale has already occurred.
Tropicana Las Vegas to be Sold
Hooters isn't the only property being sold in that part of Las Vegas. Its neighbor Tropicana will be sold to Penn National Gaming, according to the Vegas Inc. That group already owns the M Resort south of the Las Vegas Strip. Spielo big city 5s. This will be the first property on the Las Vegas Strip for Penn National Gaming. The sale price is not yet disclosed. The Tropicana players club will be replaced by one managed by Penn National. This sale does not affect the Laughlin or New Jersey properties, which both have different owners.
Hooters Casino Oyo
Resorts World Break Ground
Resorts World broke ground on Las Vegas Blvd on Tuesday. It is directly across the street from Riviera, which closed the previous day. The new resort owned by Genting will be on the former Stardust property. It will include a Great Wall of China down Las Vegas Blvd. The Asian-themed resort is expected to open in 2018.
Macau Revenue Falls Again
Hooters Casino Review
Macau's gaming revenue fell sharply for the 11th straight month. The world's largest gaming market dropped 39 percent in April from the previous year. It raked in $2.4 billion last month. The loss of gaming revenue affects Wynn Resorts, Las Vegas Sands and MGM Resorts. Wynn Resorts cut its dividend from $1.50 to $.50 for the past quarter based on its exposure to Macau and the gaming losses in the market.
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