Struggling Las Vegas Strip Casino To Be Sold To Reno Casino Owners
A lot is happening on the north end of the Las Vegas strip these days.
The casino formerly known as the Sahara has new owners just a few years after a $415 million upgrade to the property, which included rebranding it as SLS Las Vegas. According to a report from the Las Vegas Review-Journal, Meruelo Group, which owns the Grand Sierra in Reno, have agreed to purchase SLS for an undisclosed price from Stockbridge Capital Partners.
“This is a once in a lifetime opportunity to acquire a premier gaming property on the world famous Las Vegas Strip,” Meruelo said in a statement.