Who owns hard rock las vegas

Also, Penn National Gaming sold the land and buildings of the Tropicana Las Vegas to real estate investment trust Gaming and Leisure Properties, which said it was looking to sell the resort. He can be reached at hstutz cdcgaming. Follow howardstutz on Twitter. Free trial subscription available when you use your company email address. At any given time, we had to team members and construction crew members here. Before the casinos were allowed to reopen in early June, what were your thoughts when you saw all these closed resorts and hardly anybody walking around the Strip?

All these people are out of work, the entire hospitality industry. To know that there were so many people who were put out of work overnight, it was shocking.

We had the Stick Around and Come Back program, which guaranteed all of our employees a recall to come back to their position without interviewing for a new job once we reopened. We gave them a retention bonus, we paid them out all their personal time-off, and they were able to collect unemployment. Our team members were ahead of the curve as it relates to organizing their lives and having plenty of notification that they were going to be out of work for a period of time, and they were able to get into the unemployment system way before the onslaught that occurred.

Was that something you thought about doing? Not once. We were fully funded. We had raised all our capital before the closing of the property. Our design had been completed, our contractors were in place, we were closed anyhow, and we did have the belief that at some point the world would return to normalcy, and when it did, we would be ready to open.

I started getting nervous about that in July and August. When we started having some supply chain issues, and I started to see the infection rates increase, I started to think we might have an issue here. We could have opened on Jan. Just prior to Thanksgiving, casino capacity dropped to 25 percent. Could you have even turned a profit at 25 percent capacity if you went ahead with the January opening? It was too small. The March 25 date was no accident for us.

We were hopeful that we would be able to get back to the 50 percent capacity level sometime in March. The Press Pool. About Us. Donate Today. Indian Country Today is a nonprofit news organization. Will you support our work?

By Congressman Tom Cole. By Indian Country Today. By Associated Press.