Vegas Ventures Moves To Acquire Downtown Grand Las Vegas
Downtown Grand Las Vegas could soon move under new ownership after court-appointed receiver Paul Huygens of Province LLC selected Vegas Ventures LLC as the buyer for the financially troubled hotel-casino. Huygens filed a motion with Clark County District Court requesting approval of the sale of substantially all Downtown Grand assets to the Massachusetts-based company. The proposed transaction follows a competitive sales process launched after the property entered receivership nearly eight months ago. Vegas Ventures signed an asset purchase agreement on August 13 […] The post Vegas Ventures Moves To Acquire Downtown Grand Las Vegas appeared first on World Casino News.
Downtown Grand Las Vegas could soon move under new ownership after court-appointed receiver Paul Huygens of Province LLC selected Vegas Ventures LLC as the buyer for the financially troubled hotel-casino. Huygens filed a motion with Clark County District Court requesting approval of the sale of substantially all Downtown Grand assets to the Massachusetts-based company. The proposed transaction follows a competitive sales process launched after the property entered receivership nearly eight months ago. Vegas Ventures signed an asset purchase agreement on August 13 […]
The post Vegas Ventures Moves To Acquire Downtown Grand Las Vegas appeared first on World Casino News.
