Complex Riviera Hotel and Casino is Closed

May 7, 2015

A gaming and entertainment complex Riviera Hotel and Casino in Las Vegas, USA, was closed on Monday, 4 May. Riviera Hotel and Casino gambling has worked for the US market for more than 60 years. It opened in 1955. Such legendary figures as Liberace, the Village People, Marlene Dietrich, Sammy Davis Jr., Bob Hope, Orson Welles, Harry Belafonte, Elvis Presley and Barbra Streisand were seen there. Larry Holmes and Michael Spinks held a title fight there in 1985. Everyone knows its topless show “Crazy Girls”, which is moving down the Strip to Planet Hollywood. The decision to close it was made in connection with the expansion of the Las Vegas Convention Center of the territory of the Las Vegas Strip. Las Vegas Convention and Visitors Authority bought the 26-acre property in February for $182.5 million.

Whatever happens in Vegas gets blown to bits in Vegas?

In 1973, Riviera Casino was sold to Tourism AITS INC., for $ 60 million. Ten years later, the casino went bankrupt. Then, in 1991, the casino owners decided to expand it, but after calculating the budget, they again went bankrupt. In 2010, due to debts, Riviera Casino was again declared a bankrupt, well, and in 2015 it came to an end. In February 2015, Las Vegas Convention Center and Visitors Authority acquired a building with 2075 hotel rooms and 26 acres of territory.

The representative of the casino told the Las Vegas Review-Journal that furniture and other equipment of Riviera Hotel and Casino would be put on sale on May 14. According to preliminary data, the total amount declared for the sale of goods is $ 3 million.

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