Planet Hollywood Las Vegas News - Page 20

A report from Bloomberg says Harrah's Entertainment is attempting to sell the Rio All-Suite Hotel & Casino in Las Vegas.

Bankrupt nightclubs in Planet Hollywood Resort on Strip may be finished, sources suggest.

Harrah's Entertainment told the owners of the bankrupt Privé Nightclub to either pay past-due rent or leave the company's recently acquired Strip hotel-casino.

Robert Earl will serve as a consultant for the Planet Hollywood Resort and will market other Harrah's properties.

Harrah's chief financial officer said the company expects tripling or even quadrupling the property's cash flow over the next few years.

The Nevada Gaming Control Board has given preliminary approval for Harrah's Entertainment to acquire Planet Hollywood Resort through a debt purchase.

The gaming giant will operate the 2,496-room hotel tower on the Las Vegas Strip and take over some of the property's food and beverage operations.

The Privé nightclub and its sister club Living Room were granted an extension Thursday of its temporary liquor license until April 9.

The 1,201-room PH Towers at Planet Hollywood Resort and the 374-room HRH Tower at the Hard Rock Hotel open Monday in Las Vegas.

The owners of the bankrupt Privé nightclub at Planet Hollywood will ask a judge to enforce a lease agreement for the Mandalay Place nightclub.

The gaming giant has filed applications with Nevada gaming regulators seeking approval to acquire the Las Vegas property.

Harrah's Entertainment Chairman and CEO Gary Loveman told employees that the company is trying to buy the Planet Hollywood Resort.

Embattled nightclub owner Privé Las Vegas has filed for Chapter 11 bankruptcy protection due to the cost of recent legal troubles.

The Planet Hollywood nightclub will get the temporary license as police continue a background investigation of the club's new owners.

The 1,201-room PH Towers at Planet Hollywood Resort has been moving toward a December opening.

Planet Hollywood officials say the arrest of six employees are part of a cooperative effort with law enforcement agencies.

Rather than buy into companies, investors mull buying up debt — with chance of calling shots.

Harrah's has bought a portion of the $860 million debt load that is leveraged against Planet Hollywood Resort in Las Vegas.

Four Las Vegas Strip resort casino supervisors and managers have been charged in an alleged plot to take phony jackpot payoffs.

The Planet Hollywood nightclub will remain open under a 30-day temporary license but will be kept on a short leash after a rash of incidents.