X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LAS VEGAS-The Barbary Coast Hotel and Casino has new ownership, and a new name too. The property, formerly owned by Boyd Gaming Corp., is now Bill’s Gamblin’ Hall & Saloon and part of Harrah’s Entertainment Inc. The acquisition gives Harrah’s eight properties on the Las Vegas Strip.

Harrah’s management team from the Imperial Palace Hotel & Casino will run the day-to-day operations, which began yesterday. Ed Crispell, vice president and general manager of the Imperial Palace, says his team will focus on “renewing and improving relationships with guests and establishing new long-lasting associations” and build on the services needed at a “smaller hotel.”

As for the property, it totals 197 guest rooms. Each comes with a 42-inch plasma TV. A new restaurant, the Steakhouse at Bill’s, opens March 9. Other amenities include: The 24-hour Victorian Room, which offers reasonably-prices breakfast, lunch and dinner; and Drai’s restaurant and nightclub, which will remain open through March, when it will switch to an after-hours nightclub.

As reported earlier on GlobeSt.com, the ownership shift came about in a tax-deferred exchange, in which Boyd Gaming Corp. traded its ownership of the hotel for 24 contiguous acres of Las Vegas Strip property.

The 24 acres will bring Boyd’s holdings to 87 contiguous acres in the center of the north corridor of the Las Vegas Strip. According to company officials, “the additional land allowed us to modify the site layout of Echelon Place. These modifications increased the overall size of the project to 65 acres.”

In all, Echelon Place will include 5,000 rooms in five hotels. Other numbers to report include: 140,000 sf of casino space; 4,000-seat and 1,500-seat theaters, operated by AEG Live; a 300,000-sf retail promenade; 750,000 sf of meeting and convention space; and 9,000 parking spaces.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.