LAS VEGAS - August 14, 2015 - Jonathan Jossel, CEO of PlayLV and the Plaza Hotel & Casino, LLC, issued the following statement regarding the sale of the Las Vegas Club to 18 Fremont Street Acquisition, LLC, a company owned by Derek and Greg Stevens, who also own the D Hotel and Casino:
“Today we are excited to announce the sale of The Las Vegas Club to Derek and Greg Stevens’ company. The Tamares Group, owner of the Las Vegas Club, and PlayLV, its operator, had been working on various development prospects for the Las Vegas Club, but it is clear that the sale of the property provides a greater opportunity for the future of the company, its staff and the Fremont Street neighborhood. Tamares and PlayLV will focus their efforts on their signature downtown property, the Plaza Hotel & Casino, and we look forward to welcoming many members of the Las Vegas Club staff to the Plaza team in the coming weeks. In the interim, until closure of the Las Vegas Club for renovations by its new owner, PlayLV will continue to run the day-to-day operations of the Las Vegas Club. We are excited by the opportunities this sale creates for Tamares and PlayLV, and that the new owner shares our commitment to the Fremont Street area and the continued growth of downtown Las Vegas."
“Today we are excited to announce the sale of The Las Vegas Club to Derek and Greg Stevens’ company. The Tamares Group, owner of the Las Vegas Club, and PlayLV, its operator, had been working on various development prospects for the Las Vegas Club, but it is clear that the sale of the property provides a greater opportunity for the future of the company, its staff and the Fremont Street neighborhood. Tamares and PlayLV will focus their efforts on their signature downtown property, the Plaza Hotel & Casino, and we look forward to welcoming many members of the Las Vegas Club staff to the Plaza team in the coming weeks. In the interim, until closure of the Las Vegas Club for renovations by its new owner, PlayLV will continue to run the day-to-day operations of the Las Vegas Club. We are excited by the opportunities this sale creates for Tamares and PlayLV, and that the new owner shares our commitment to the Fremont Street area and the continued growth of downtown Las Vegas."
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