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big fish casino facebook postsAs 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.US stock markets crashed on Friday after President Donald Trump ordered companies to find alternatives to doing business with China during thWe 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. Two months ago, the Indian hotelier said it plans to spend 0 million to increase its US presence. 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. 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. oh harrah s cherokee casino

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