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Dream Las Vegas Gets New Ownership

We admit that as far as gambling headlines go, this may need a bit of clarification. You see, it’s true that the Dream Las Vegas hotel project is under new management, but that’s because the entire Dream Hotel Group has been bought out! A few days ago, the Hyatt Hotel Corporation announced their acquisition of the Dream Group in a press release. The deal consists of a $125 million, followed by six additional payments of $175 million as new properties are opened. In addition to Dream Las Vegas, the deal will include12 properties already being managed, plus another 24 property…

The post Dream Las Vegas Gets New Ownership appeared first on This Week in Gambling.

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