Three of Las Vegas local casinos will soon be under new management and refurbishment.
Anthony Santo has received regulatory approval from the Nevada Gaming Control Board yesterday to manage day to day operations at the Plaza Hotel and Casino, the Las Vegas Club Hotel and Casino and the Western Hotel and Casino.
The Tamares Group is a private investment firm that owns the downtown Las Vegas properties and has appointed the veteran casino executive to oversee the facilities.
Santo told regulators that the group was currently in negotiations to obtain a $20 million loan that would be used to refurbish and renovate the properties.
Santo said that renovation plans include theme changes and possible slot machine upgrades. Tamares is also planning to return the Plaza to its original namesake, the Union Plaza.
The Nevada Gaming Commission is scheduled to vote on final approval on August 19.
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