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oxford casino revenuePresident Donald Trump’s tweets on Friday sent US stock markets into a tailspin. The 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. 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. raging bull casino sign upWe can’t wait to welcome you to our first hotel in Las Vegas,” said OYO Hotels & Homes USA COO Abhinav Sinha in a statement.The conversion to a property called the OYO Hotel & Casino from the Hooters Casino Hotel is expected to be finalized before the end of this year.OYO will renovate the property with a real estate investment trust (REIT) called Highgate. 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. President Donald Trump’s tweets on Friday sent US stock markets into a tailspin. lucky creek casino real

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hollywood casino joliet ils foray into the largest US gaming destination with the purchase of Hooters Las Vegas, which was announced today. 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. As 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.The Vision Fund, whtake 2 hollywood casinoere 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. The 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. As 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.the river spirit casino tulsa