Las Vegas Hilton Officially Becomes The LVH-Las Vegas Hotel & Casino

Las Vegas Hilton Officially Becomes The LVH-Las Vegas Hotel & Casino

The property was foreclosed on by Goldman Sachs and Gramercy Capital and is currently facing both court and regulatory fights with the lenders.

The Nevada Gaming Commission recently voted to allow the hotel’s lenders and investors to appoint Ronald Johnson as receiver to operate the Las Vegas casino under its current gaming license while the legal woes are played out in court.

Neither Hilton Worldwide nor Colony Capital, who owns the hotel, would comment on why the eight-year business relationship was ended.

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