To no surprise the Riviera (hotel and owners) filed for chapter 11 bankruptcy reorganization yesterday.
…because this is a Chapter 11 filing backed by the key creditors, it’s likely the Riviera Las Vegas and the Riviera Black Hawk will operate normally through the bankrupty process.
This is backed by the bulk of the companies creditors, so don’t expect Riviera to go away too quickly. Hopefully this reorganization includes renovations and cleaning up of one of the last remaining casinos from the old strip. Sometimes I’m nostalgic.
Photo: Las Vegas Sun
Update: It seems as if Starwood will be taking over the Riviera. Vegas Tripping has the quick and dirty.
The following two tabs change content below.
Las Vegas Writer, Marketer, Consultant. I love Vegas and everything about it. When in Vegas do 3 things: eat, drink & gamble.
Latest posts by Marc (see all)
- Las Vegas to Host Wrestlemania 41 Saturday, April 19 & Sunday, April 20, 2025 - May 5, 2024
- The Venetian Resort Las Vegas Unveils the Largest and Most Expensive Hotel Renovation in History Timed to Its 25th Anniversary - May 5, 2024
- LVXP Announces Plans to Deliver Experiential Mixed-Use Development Anchored by Entertainment and Sports Arena on Las Vegas Strip - April 30, 2024