Expansion planned -- deal called positive for Park Place, Las Vegas
By Richard N. Velotta
<velotta@lasvegassun.com>
LAS VEGAS SUN
July 12, 2000
The owner and operator of the Silverton hotel-casino just south of Las Vegas is buying the off-Strip Las Vegas
Hilton hotel-casino.
Ed Roski Jr., who also is co-owner of two Los Angeles sports franchises, announced Monday that he is buying the
Paradise Road property with a colorful history for $365 million from Park Place Entertainment.
Roski plans to keep the Hilton name under a license with Hilton Hotels Corp. However, he is expected to change
the focus to a midmarket property from the high end.
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