LVH hotel-casino in Vegas to get new management
LAS VEGAS>> A former Hilton hotel and casino in Las Vegas will get new management under a deal between the property’s largest creditor and a court-appointed receiver.
The receiver has been operating the LVH, or Las Vegas Hotel & Casino, since January.
The Las Vegas Review-Journal reports (http://tinyurl.com/9ucgzt7) employees of the resort were notified Wednesday that a foreclosure sale is planned in November.
LVH has been in receivership since last September. The hotel-casino used to be the Las Vegas Hilton until Hilton Worldwide in January ended an agreement allowing use of the Hilton brand.
The LVH employs more than 1,800 workers.