Entertainment

<!– google_ad_section_start –>LAS VEGAS, Dec. 19, 2014 /PRNewswire/ — Caesars Entertainment Operating Company, Inc. (“CEOC”), a subsidiary of Caesars Entertainment Corporation (“Caesars Entertainment”) (CZR), and Caesars Entertainment have reached an agreement with CEOC’s 1st lien noteholder steering committee  regarding terms of a financial restructuring plan. The proposed plan will considerably reduce long-term debt and annual yearly interest payments, and result in a stronger balance sheet for CEOC. The restructuring support … Read the rest

By KIMBERLY PIERCEALLAssociated Press LAS VEGAS (AP) – The Los Angeles nightlife magnate who revamped Las Vegas’ Sahara hotel and casino won a Nevada gambling license Thursday after explaining his drug use and curious business dealings, yet not without limits and a promise in that he’ll remain under heavy scrutiny.Sam Nazarian’s license expires in a year, bars him from being involved in casino operations, and requires him to set up … Read the rest

Getting out of bed on a Sunday morning can be a drag, yet it is worth it for Vegas visitors who want a unique brunch with entertainment dished up by a troupe of drag queens. “Rouge & Booze – A Drag Brunch” makes its monthly appearance Sunday at Las Vegas’ Hard Rock Café beside the giant guitar at Paradise Road and Harmon Avenue adjacent to the Hard Rock Hotel.The brunch … Read the rest

LAS VEGAS (AP) — A Los Angeles nightlife entrepreneur who revamped the Sahara Hotel and Casino on the Las Vegas Strip in to a hipper, sleeker destination is facing another interrogation in to past misdeeds as he seeks a gambling license. Sam Nazarian and the majority owner of the SLS Las Vegas formally announced this week in that he won’t have any role in the day-to-day operations in the meantime. … Read the rest

Updated DEC 17, 2014 7:30p ET Las Vegas confirmed its place in the MLS expansion race after the City Council agreed to fund a portion of a proposed $200 million soccer-specific stadium. Council members voted 4-3 to approve a cycle sheet in addition to $25 million toward a bond issue and a further $31.5 million in infrastructure improvements, pending the award of a MLS expansion franchise. The decision to approve … Read the rest

Sam Nazarian will no longer have any involvement in the day-to-day operations of SLS Las Vegas, the resort asserted Tuesday. Nazarian has-been the driving force behind the property — his company SBE Entertainment bought it when it was still the Sahara in 2007 — yet he encountered serious difficulty two weeks ago at a public hearing before Nevada gaming regulators. In a acknowledgment today, the private equity firm in that … Read the rest

Sam Nazarian made his name and his billion-dollar fortune creating L.A. clubs and restaurants in that attracted the hippest young celebrities.He parlayed in that fame in to hotels in Beverly Hills and Miami’s South Beach. This year, he looked to Las Vegas as the next step in a daring global expansion, opening the 1,600-room SLS Las Vegas hotel and casino in August.Then he ran in to the Nevada Gaming Control … Read the rest

<!– google_ad_section_start –> <!– –>LAS VEGAS (AP) — Popular nightclub and restaurant controller Hakkasan Group is buying like-minded company The Light Group in a $36 million deal in that could make it one of the biggest nongambling entertainment enterprises on the Las Vegas Strip. Officials from New York-based Morgans Hotel Group formally announced Tuesday in that the company is selling Hakkasan its 90 % stake in The Light Group in … Read the rest

<!– google_ad_section_start –>By Kimberly Pierceall, The Associated Press LAS VEGAS, Nev. – Popular nightclub and restaurant controller Hakkasan Group is buying like-minded company The Light Group in a $36 million deal in that could make it one of the biggest nongambling entertainment enterprises on the Las Vegas Strip. Officials from New York-based Morgans Hotel Group formally announced Tuesday in that the company is selling Hakkasan its 90 per cent stake … Read the rest

<!– google_ad_section_start –> SBE Entertainment group CEO Sam Nazarian is stepping back from management of the recently opened SLS Las Vegas hotel and casino. <!– –>Nazarian and SLS Las Vegas majority owner Stockbridge Capital formally announced Tuesday in that Nazarian is relinquishing leadership of day-to-day operations to Stockbridge president and chief operating officer Scott Kreeger. The Las Vegas Review-Journal was 1st to report the news.Read more What’s New in Las … Read the rest