pechanga casino in temeculaAs Casino.org reported last month, MGM Resorts is considering sales of the Bellagio and MGM Grand to generate more cash from its real estate portfolio.But it is widely expected that gaming real estate activity on the Strip will heat up.Earlier this year, private equity company Blackstone was said to be looking for a buyer for the Cosmopolitan, and more recently, speculation has swirled that Eldorado Resorts could sell a Caesars Strip asset when the .3 billion takeover of that company is completed in the first half of 2020. Two months ago, the Indian hotelier said it plans to spend 0 million to increase its US presence. santa ana casino openThe Indian company isn’t running afoul of Silver State regulators because Paragon Gaming, the license holder for Hooters, will maintain that license through OYO’s purchase of the venue, said the Nevada Gaming Commission (NGC) to Casino.org.Paragon is familiar to the NGC, as the company manages gaming operations at the Westgate in Las Vegas as well as the Hard Rock in Lake Tahoe. The Vision Fund, whfree online slots game for funere the OYO stake resides, also has investments in WeWork, food delivery provider DoorDash, and dog walking service Wag.The Japanese company has some ties to Las Vegas, having purchased the Comdex trade show from Las Vegas Sands Chairman and CEO Sheldon Adelson in 1995 for 0 million, and through recent expansions into commercial office space in the city by WeWork.More Deals?When asked by Casino.org, representatives from OYO did not confirm or deny the company’s interest in other Las Vegas acquisitions. President Donald Trump’s tweets on Friday sent US stock markets into a tailspin. online casino no deposit bonus codes australia

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mgm grand casino vegasPrior to news of the Hooters acquisition, OYO had 112 hotels in 60 US cities in 21 states.Classified as a startup, OYO is valued at billion after raising .7 billion through 12 funding rounds, and has attracted investments from some of the venture capital world’s marquee names, including Lightspeed Venture Partners, Greenoaks Capital, and Softbank’s Softbank Vision Fund.Softbank of Japan, one of the world’s largest venture capital firms, is known for early investments in companies such as Alibaba, Slack, and Uber, among others. When cfree online slots game for funompleted, the new OYO Hotel & Casino will have 657 guestrooms across 19 floors and a 35,000-square foot gaming area. Financial terms of the deal weren’t disclosed by the companies, but sources involved with the deal believe India-based OYO paid 5 million for the Nevada property.It’s not everyday that international buyers hit Las Vegas, and there could be regulatory issues associated with such moves, particularly when the buyer, like OYO, hasn’t previously been active in Nevada. turtle creek casino stadiumThat’s the current size of the Hooters gaming space.The companies didn’t say if the venue would be temporarily shuttered to accommodate renovations. Earlier this month, it was reported that the Hard Rock Hotel & Casino will close for eight months next year as it transitions to the Virgin Hotel Las Vegas.Deep PocketsFounded in 2013 by 19-year-old Ritesh Agarwal, OYO initially focused on its home market of India, where it’s now the biggest hospitality company in Asia’s third-largest economy. That’s the current size of the Hooters gaming space.The companies didn’t say if the venue would be temporarily shuttered to accommodate renovations. coushatta casino promotions

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eldorado casino hotel renoTwo months ago, the Indian hotelier said it plans to spend 0 million to increase its US presence. President Donald Trump’s tweets on Friday sent US stock markets into a tailspin. US stock markets crashed on Friday after President Donald Trump ordered companies to find alternatives to doing business with China during the ongoing trade war between the two countries. The Vision Fund, whfree online slots game for funere the OYO stake resides, also has investments in WeWork, food delivery provider DoorDash, and dog walking service Wag.The Japanese company has some ties to Las Vegas, having purchased the Comdex trade show from Las Vegas Sands Chairman and CEO Sheldon Adelson in 1995 for 0 million, and through recent expansions into commercial office space in the city by WeWork.More Deals?When asked by Casino.org, representatives from OYO did not confirm or deny the company’s interest in other Las Vegas acquisitions. That’s the current size of the Hooters gaming space.The companies didn’t say if the venue would be temporarily shuttered to accommodate renovations. Two months ago, the Indian hotelier said it plans to spend 0 million to increase its US presence. foxwoods resort casino ledyard ct united states