Golden Gaming to operate Las Vegas Hard Rock’s gaming facilities
Morgans Hotel Group (MHG) has entered into a non-binding letter of intent with casino operator Golden Gaming regarding the management contract of the Hard Rock Hotel & Casino in Las Vegas.
MHG announced it was to acquire the property from Hard Rock founder Peter Morton in May for US$770m (£418m, 603m euro) and is hoping that Golden Gaming will provide general management services for all gaming activities within the casino for up to two years.
The letter of intent also stated that Golden Gaming will “have the opportunity to make an equity investment of up to US$100m (£54m, 78m euro) in the Hard Rock Hotel & Casino”.
W. Edward Scheetz, president and CEO of MHG, said: “We are pleased that we have reached an agreement with Golden Garming to serve as the licensed casino operator for the Hard Rock.
“Lining up a casino operator was a top priority for us and now we have put into motion a key element of the Hard Rock transition.”
Golden Gaming was formed by Blake Sartini, former chief operating officer of Station Casinos, in 2001 and employs more than 1,300 people in Nevada and Colorado. Details: www.morganhotelsgroup.com
Community Activator Coach Apprentice
Membership Advisor
Customer Service Advisor
GP Exercise Referral Instructor
Swim Manager
Food and Beverage Manager
Activity and Wellbeing Coordinator
Team Leader
Membership Advisor
Food & Beverage Assistant
Company profile
Directory
Featured Supplier
Property & Tenders
Company: Lee Valley Regional Park Authority
Company: Newmark
Company: EiA Real Estate
Company: Savills
Company: University of Oxford