According to 'Eye on Vegas', the Hard Rock has been sold for $770 million to the Morgans Hotel Group, which is hotelier Ian Schrager's former company with hotels in New York, Los Angeles and elsewhere.
More of the details are here:
http://lasvegasfoodservice.com/newsletter_051106.html
Update: This is legit. Some more on Yahoo!:
http://news.yahoo.com/s/ap/20060511/ap_on_bi_ge/hard_rock_casino
Technorati Tags: gaming industry, hard rock, las vegas, vegas
Comments
This is true. It's been all over the afternoon news.
Morgans and Hard Rock are featured in this week's LV Business Press. Since I'm a doubting Thomas, I still wonder whether Morgans, experts in boutique hotels, will be able to capitalize on Hard Rock. As the article points out, there's some disbelief that Morgans would actually try to get rid of the hookers.
http://www.lvbusinesspress.com/articles/2006/05/22/news/news01.txt