Last week we found out that the Hard Rock Hotel and Casino was in foreclosure and that the property would be put up for public auction. This week we come to find that this was much ado about nothing and the lenders and Hard Rock have come to a settlement on the finances and that the auction was canceled.
The agreement removes the need for a last-minute hearing before Nevada gaming regulators to approve Navegante Group to run the property should the lenders have succeeded in foreclosing on the Hard Rock.
Oh well, the Hard Rock will not be changing owners or names or anything. That’s too bad, I was hoping for a new Ed Hardy Presents: Hard Rock Hotel. Maybe another time.
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