Nevada Modern casino Regulator Supplies Go-Ahead to SLS Nevada Sale
Privately-held video gaming company Often the Meruelo Class has received choice by the Cellisca Gaming Fee to full the order of the hard SLS Las Vegas Hotel & Casino.
Down Thursday headsets, Alex Meruelo, Principal within the Meruelo Group, presented playing games commissioners along with plans for your revitalization with the property as well its advertising as an attracting resort located on the northern ending of the Nevada Strip. The exact gaming regulator then accredited the business deal, which is will be be concluded by the end belonging to the month. Often the Meruelo Set plans in order to invest around $100 huge number of over the upcoming several years to renovate and even upgrade the particular SLS.
Renovation work might include room or space enhancements, swimming pool area redesign, as well as addition of recent slot machines on the casino carpet , among others. Mr. Meruelo told Nevisca gaming commissioners Thursday that they believe they’re able to make the home profitable through upgrading together with redesigning the item.
Reports get emerged which Mr. Meruelo plans to rebrand the SLS once he acquires it from current seller Stockbridge Money Group. Corporation representatives said during yesterday’s hearing that they’re going to first review how reputable the SLS brand is before opting for whether a brand change is really a necessary measure. The SITE LAUNCH SYSTEM name will continue for at least 1 year, during which the very property’s new owner can evaluate no matter if it should be placed. (more…)