Hooters Casino Under New Ownership

green paper torn

It has stood on the corner of East Tropicana Avenue Las Vegas for 46 years, however Hooters Casino has always been one of those casinos whilst just off the Strip and directly opposite the MGM Casino that not many people have made any real effort to visit.

It could never be described as one of the biggest properties in Vegas, for with just some 696 hotel rooms and a gaming floor measuring some 35000 square foot, it is certainly a modestly sized venue, but having been around since 1973 many people have stayed and played there.

In an unexpected turn of events, it has just been announced that Hooters Casino has been sold to new owners and will shortly be rebranded in2to the OYO Hotel.

The new owners of that property are an Indian company called OYO Homes and Hotel and reports suggest that they paid a budget price of just $135million to take ownership of the casino and adjoining hotel.

Other than the name-change and full rebranding, no other major changes are planned in the short term, as it appears that Paragon Gaming who currently run the casino operation will continue to do so for the foreseeable future.

It has certainly been a casino that has had mixed fortunes over the years, for when it was originally built, for just $8million back in 1973 as a Howard Johnson Hotel, it only managed to stay in business for two years before it was hit with financial problems and had to be sold on for the first time.  Over the years it has been bought and sold several times and has gone by many different names, too.

Related posts

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.