SLS Las Vegas was featured on a segment about owner Sam Nazarian on yesterday’s CBS This Morning. There isn’t much new information here besides the fact that SLS will own all retail outlets on the property. I’m not sure that’s really new but it hasn’t been talked about much.
SLS Las Vegas isn’t being built for the gambler. As I wrote on Vegas Chatter earlier this year there won’t be a poker room or a traditional sit down sportsbook (the sportsbook will be more of a sports bar where you can bet on games). SLS Las Vegas is looking at gaming to be less than 1/3 of their revenue so we can expect poor gaming odds and payouts.
It’s nice to see progress for this hotel which will sit where Sahara once did. By the time I happened upon Sahara it was a sad dilapidated hotel ready to die. It didn’t encourage me to learn about its history. That’s slowly changing to the point of where I can appreciate it a little more.
I hope SLS Las Vegas keeps some of that history alive when the hotel is done. I was skeptical that this would ever open but SLS Las Vegas may be the beginning of a resurgence on the north end of the Vegas Strip.