Tampa Bay Online,
Tuesday, August 18, 2009 at 11:40:19 AM
Hooters celebrated its 25th anniversary last year, but it's not clear if its Las Vegas casino will make it to 4.
Hooters Casino Hotel opened just off the Las Vegas Strip 3 1/2 years ago, hoping to add some spice to what had been the frumpy Hotel San Remo. Its ownership group includes some of the founders of Hooters restaurant chain, which was launched in Clearwater in 1983.
However, the casino hasn't been nearly the success Hooters restaurants have been. On Friday, the business entity that controls Hooters Casino Hotel, named 155 East Tropicana LLC, announced it lost $5.1 million in the three months ended June 30. That compares with a profit of $2.4 million in the same three months in 2008.
Dallas Morning News,
Saturday, March 15, 2008 at 2:02:27 AM
Now that the $225 million purchase of the Hooters casino hotel appears to be nearing a close, the buying company says that it will ditch the owl theme when it takes control. The plan is to redevelop and rebrand the resort to court the high-end visitor, rather than the perceived lower-demographic Hooters crowd. Indications are that the 727-room hotel will be completely remodeled to the tune of about $130 million. It hasn't been decided whether the property will close during the work.
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Gambling Factoid #22: the word 'casino' comes directly from Italian, where it originally meant 'little house' or 'cottage.' It was first used in English to describe a gambling establishment in the 1800s.
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