Nevada Gambling establishment Regulator Delivers Go-Ahead that will SLS Sin city Sale

Nevada Gambling establishment Regulator Delivers Go-Ahead that will SLS Sin city Sale

Privately-held video gaming company The particular Meruelo Party has received permission by the The state of nevada Gaming Fee to carry out the acquisition of the hard SLS Sin city Hotel & Casino.

In a Thursday enjoying, Alex Meruelo, Principal within the Meruelo Class, presented game commissioners regarding his plans for the revitalization belonging to the property and its marketing as an appealing resort located in the northern stop of the Sin city Strip. Typically the gaming regulator then okayed the purchase, which is anticipated to be done by the end of your month. Often the Meruelo Set plans towards invest about $100 million over the next several years towards renovate as well as upgrade the very SLS.

Remodel work would probably include bedroom enhancements, billiards redesign, and also addition of latest slot machines for the casino flooring , a few. Mr. Meruelo told The state of nevada gaming commissioners Thursday how they believe they are able to make the residence profitable through upgrading along with redesigning them.

Reports have got emerged which Mr. Meruelo plans to rebrand the actual SLS at the time he obtains it right from current owner Stockbridge Funding Group. Corporation representatives talked about during yesterday’s hearing that they may first review how reputable the SLS brand is before deciding upon whether a label change is known as a necessary move. Read More »