Nevada Gaming Commission Approves SLS Las Vegas® Hotel & Casino Gaming License for Alex Meruelo
⏱ 1 min read
(Las Vegas).- The Nevada Gaming Commission has approved the ownership transfer of SLS Las Vegas Hotel & Casino to The Meruelo Group, positioning the company's acquisition of the 1,616-room, three-tower resort-casino, including the W Las Vegas, from Stockbridge Capital Group. The acquisition is expected to be completed by the end of March, at which point The Meruelo Group will assume operations of SLS Las Vegas.
"We have been looking forward to this day with great enthusiasm," said Alex Meruelo, Principal of The Meruelo Group. "SLS Las Vegas is a fantastic asset with tremendous potential, and we are thrilled to be acquiring the property. This is a lifetime dream and a rare opportunity to own a property on the Las Vegas Strip."
The Meruelo Group will add SLS Las Vegas to its gaming and hospitality portfolio, which includes Grand Sierra Resort and Casino in Reno, Nev. The Meruelo Group will become the only privately held company to own properties in both Reno and Las Vegas. The company purchased Grand Sierra Resort and Casino in 2011, quickly transforming the property into a vibrant, profitable resort-casino.
"The timing couldn't be better for this acquisition," said Mr. Meruelo. "There is approximately $10 billion of planned investment and growing energy on the North Las Vegas Strip."
After purchasing SLS Las Vegas, The Meruelo Group plans to invest a significant amount into enhancing the property, starting with the rooms, pools, casino floor and entertainment venues. The company also looks forward to becoming an active member of the Las Vegas community.
SLS Las Vegas originally opened in 1952 as the historic Sahara Hotel and Casino.
Categoría:Casino
Tags: Sin tags
País: United States
Event
SBC Summit Americas 2026
09 de June 2026
Belatra Games Highlights Networking Value at SBC Summit Americas 2026
(Fort Lauderdale, SoloAzar Exclusive).- Lucila M. Barletta, Head of Accounts LatAm at Belatra Games, shared her insights on the company’s participation at SBC Summit Americas. From strengthening partnerships to exploring new opportunities, she emphasized the importance of both large industry events and smaller networking experiences in driving meaningful business growth.
Friday 03 Jul 2026 / 12:00
Zenith Strengthens LATAM Presence at SBC Summit Americas
(Fort Lauderdale, SoloAzar Exclusive).- In conversation with SoloAzar, Eddie Morales, Zenith's Business Development Manager, shared the company’s objectives at SBC Summit Americas, the opportunities generated, and the outlook on the future of the gaming industry in Latin America.
Friday 03 Jul 2026 / 12:00
LSports LATAM Secures Major Partnerships at SBC Summit Americas 2026
(Fort Lauderdale, SoloAzar Exclusive).- In Q&A after SBC Summit Americas 2026, Fernando Martinez, representative of LSports LATAM, talked about the company’s goals, achievements, and future plans in the region. Martinez shares insights on the evolving dynamics of the Latin American market, the importance of strategic partnerships, and how LSports is positioning itself as a leading data and trading services provider.
Wednesday 01 Jul 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
