Two Way Hard Three | Las Vegas Casino & Design Blog

May 11, 2006

Las Vegas Hard Rock Hotel and Casino Sold For $770MM

Posted by Hunter

According to 'Eye on Vegas', the Hard Rock has been sold for $770 million to the Morgans Hotel Group, which is hotelier Ian Schrager's former company with hotels in New York, Los Angeles and elsewhere.

More of the details are here:
http://lasvegasfoodservice.com/newsletter_051106.html

Update: This is legit. Some more on Yahoo!:
http://news.yahoo.com/s/ap/20060511/ap_on_bi_ge/hard_rock_casino

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Categories: Business of Gaming


Comments

Read archived comments (2 so far)
May 11, 2006 5:24 PM Posted by mike_ch

This is true. It's been all over the afternoon news.

May 22, 2006 5:32 PM Posted by detroit1051

Morgans and Hard Rock are featured in this week's LV Business Press. Since I'm a doubting Thomas, I still wonder whether Morgans, experts in boutique hotels, will be able to capitalize on Hard Rock. As the article points out, there's some disbelief that Morgans would actually try to get rid of the hookers.
http://www.lvbusinesspress.com/articles/2006/05/22/news/news01.txt