Riviera Casino Demolition At Least 6 Months Away, Cost $42M
LAS VEGAS (AP) — The Riviera casino-hotel will come tumbling down but at an expected cost of $42 million and not for at least six months if a recommendation to the Las Vegas Convention and Visitors Authority is approved.
An agency committee voted unanimously Tuesday in favor of the option.
If the full agency approves the plan at its next August meeting, the 60-year-old casino-hotel would be demolished, paved over and rented to outdoor events or conventions needing more exhibit space for some two years while the agency seeks the $2.3 billion it needs to expand its convention center to the Strip.
The unsupported alternative allows the 26-acre site to remain as is for at least 30 months at a cost of $16 million.
The agency bought the Riviera for $182.5 million in February.