Is the Riviera about to join the Dunes, New Frontier, Stardust and others in the Las Vegas history pages?
Real estate, gaming and tourism sources, all speaking on background, have said the 60-year-old Strip resort will be purchased and demolished by the Las Vegas Convention and Visitors Authority, with the site being used for planned convention center expansion activities. No time frame has been given.
A spokesman for Starwood Capital in Connecticut, which owns the Riviera, declined comment. Paragon Gaming, which operates the Riviera under a management contract, have not responded to requests for comment.
On Tuesday LVCVA President and CEO Rossi Ralenkotter said, “no comment” when asked about the Riviera. An agency representative echoed that statement at the end of the week, as well.
http://www.reviewjournal.com/business/l ... be-history
Is Las Vegas’ Riviera Hotel about to be history?
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