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Hard Rock: For Sale

By Chuckmonster on Wednesday, 22nd February 2006 11:17pm
  » filed under Las Vegas  comments: 0


Peter Morton and the Hard Rock Casino group has announced they've received some enticing offers of their Harmon corridor property. Trump? Probably not. Maloofs? Possibly. Tim & Tom? Ehhhh maybe? More likely its a mystery consortium of entrepreneurs with some kind of entertainment industry contact. Nobody knows for sure, but it's possible that the Hard Rock may change hands in the middle of this Vegas bull market.

Here's the recap from the Las Vegas Sun:

The owners of the Hard Rock Hotel & Casino in Las Vegas say they're considering selling the hip property just east of the Strip.

Las Vegas-based Hard Rock Hotel Inc. announced Tuesday that it has received more than one offer to buy the hotel-casino that caters to a young, carefree audience.

"The company has determined that it will explore a potential sale. There can be no assurances that this process will lead to a transaction," the company said in a statement.

Hard Rock executives would not comment further.



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