Who Owns Vegas


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Who Owns Vegas
Photo © Andrew Hudson
Welcome to fabulous Las Vegas
Last updated:
First published: October 2005

Hamlet Holdings LLC

The holding company that owns Caesars Entertainment Corp (since 1/28/08). A joint venture of private equity firms Apollo Management LP and TPG Capital, LP. The name probably comes from "To be or not to be." xThe company used in the buyout process was called Hamlet Merger, Inc. a Delaware corporation.

Harrah's Entertainment, Inc.

The previous name of Caesars Entertainment Corp. The name was changed in 2008.

Harrah's License Company, LLC

The brand licensing arm of Caesars Entertainment Corp. This name may get changed.

Hedwigs Las Vegas Top Tier, LLC

President: Richard Bosworth

Buying Hooters Casino and Hotel (696 or 727 rooms) from 155 East Tropicana, LLC for about $235 million. The hotel will probably be renamed and rebranded.

Hedwigs is a joint venture of NTH Advisory Group, LLC and an unnamed private equity investor. For more information, see NTH.

The most renamed hotel in Vegas.

  • 1974: Opened as a 322-room Howard Johnson Hotel
  • Other names: Paradise Hotel and Casino, 20th Century Hotel and Casino
  • 1984: Treasury Hotel-Casino. Went bankrupt.
  • The Pacifica
  • 1989-2005: San Remo (owned by Izumi). Added a second taller tower.
  • 2006-2008: Hooters Casino Hotel ($130 million renovation)

Heers Family Trust

Hotels: 1; Rooms: 716

Built and owns the Tuscany Suites and Casino (716 rooms, opened 2001) through Tuscany Hotel, LLC. Charles and Marilyn Heers are the trustees of the Heers Family Trust.

Henry Brent Company, LLC.

Former name of Lady Luck owner Downtown Resorts LLC.

Herbst Gaming, Inc.

Hotels: 1; Rooms: 400

Private | herbstgaming.com

Filed for pre-packaged bankruptcy on 3/22/09. The company will split into two holding companies, one for the 15 casinos (12 in Nevada, two in Missouri and one in Iowa) and one for slot machines (of which the Herbst family will own 90%).

Built and owns Terrible's Hotel and Casino (400 rooms). The company is owned by the Herbst brothers Ed, Tim and Troy. Herbst Gaming started in 1987 as an offshoot of the family business, Terrible Herbst Oil Company. The Terrible Herbst story began with Tim and Troy's grandfather, Ed Herbst, in 1959, and continued with their father, Jerry Herbst.

Hilton Grand Vacations Company, LLC

Timeshare division of Hilton Hotels. See below for listing of timeshare properties. Antoine Dagot is President and CEO. Headquartered in Orlando, Florida.

Hilton Hotels Corporation

See The Blackstone Group.

Hooters of America, Inc.

Hotels: 1; Rooms: 696

Hooters of America, Inc. (majority owner)

Private | hootersofamerica.com | Hoovers profile

A sale may be in progress to Hedwigs Las Vegas Top Tier, LLC for about $235 million. The sale is going slowly.

A partner in Florida Hooters, LLC which is a partner in 155 East Tropicana, LLC which owns the Hooters Casino Hotel (696 rooms, 2006). The property originally opened in 1974 as a 322-room Howard Johnson Motel. New names followed: 20th Century, Treasury, Pacifica, and San Remo (1989-2007). Owned by a private group that includes the previous Japanese father-and-son San Remo owners (Sukeaki and Toyoruko Izumi, now operating as S.I. Enterprises, LLC.), two local Hooters franchisees, and the founders of Hooters of America, Inc..

Hotspur Resorts

Owns the JW Marriott in Summerlin. A subsidiary of Larco Investments, based in Vancouver, Canada. Bought the bankrupt Regent Las Vegas in 2001. Hotspur is owned by British investor Shiraz Lalji, who is one of Larco's top investors. The adjacent Rampart Casino is operated by Bill Paulos' Millennium Management.

Hotspur Resorts Hotels in Las Vegas
JW Marriott LV Resort 2001 459
Total 459


ExtendedStayHotels.com | Hoovers Profile

See Blackstone.

HVM, LLC owned and operated four Extended Stay Hotels in Las Vegas. Based in Spartanburg, South Carolina. Brands include Extended Stay America Efficiency Studios, Homestead Studio Suites, StudioPLUS Deluxe Studios, and Crossland Economy Studios.

In 2007, an investor group led by Lightstone bought HMV, LLC (Extended Stay) from Blackstone Group for $8 billion. However, the chain went into bankruptcy in June 2009 and was bought in May 2010 for $3.9 billion by Paulson & Co., Centerbridge Partners and, guess who, Blackstone Group.


See Global Hyatt Corporation.

Next: Harrah's

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Copyright © 2005–2011 Andrew Hudson for Photo Tour Books, Inc. Written for A Photo Tour of Las Vegas. You may reproduce this article for personal, educational, non-commercial and non-Internet use, such as in a hobbyist newsletter or school project. No Internet publishing is permitted. For commercial use, please email Andrew Hudson for permission.