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It seems like just yesterday that Larry David was arguing that it was too late to wish people Happy New Year and now The Triton Super High Roller Series scheduled for mid-Februry in Jeju, South Korea has become the first poker event impacted by concern over the expanded threat by the novel Last Friday, the Las Vegas Convention and Visitors Authority LVCVA board of directors voted unanimously to acquire the Riviera Casino and Hotel from the Starwood Capital Group.
Unfortunately for fans of nostalgia, though, the LVCVA has no plans to continue operating the Riviera. It will be closed on May 4th, to be prepared for demolition.
The Riviera is parked in a fairly interesting spot. Situated on the north end of the Las Vegas Strip, it is in what has become a fairly dead area.
With only the old Circus Circus across the Las Vegas Boulevard, the Riviera is stuck in an older portion of the Strip that has seen foot traffic die with the disappearance of neighboring casinos.
The prime action is in the middle and south parts of the Strip, where the towering, opulent casino resorts such as the Bellagio, Wynn, Paris, and MGM Grand reside.
Visitors looking for bargains may check out the Riviera, but most tourists are going elsewhere to experience the glitz and glamour of Vegas.
Riviera Hotel demolished. View CBS News In. CBS News App Open. It was designed by Los Angeles architect Welton Becket.
A story tower was added off the south west side of the 8-story tower in The new tower expansion was designed by Harold W.
Levitt with Ernest W. Le Duc and William H. Farwell as consulting architects. Mob fixer Sidney Korshak played a major role in the property's management.
The Riviera was purchased in June by a group including bankers E. Parry Thomas and Jerome Mack , and investors tied to the Parvin-Dohrmann Corp. Nevada Heat , , which was financed by Riklis and starring his wife, Pia Zadora.
The 17 story Monte Carlo Tower was constructed circa The tower was designed by Martin Stern Jr. Webb Corporation.
The Riviera filed for Chapter 11 bankruptcy protection in The Riviera underwent an expansion from to this included the 24 story Monaco Tower also designed by Martin Stern Jr.
On July 12, , Riviera Holdings filed for Chapter 11 bankruptcy. Its bankruptcy included a reorganization plan under which secured lenders, led by Starwood Capital Group , would receive new debt and stock.
Existing Riviera shareholders received nothing. The decline in popularity of the Riviera was caused in part by the decline of pedestrian foot traffic in the vicinity.
Previously, the Riviera was surrounded by the Stardust , New Frontier , and Westward Ho , properties which were demolished to make room for new construction.
A shutdown in the new construction in progress at the adjacent Fontainebleau Resort Las Vegas and Echelon Place contributed to the Riviera's decline.
The company had employees in Las Vegas and employees in Black Hawk, Colorado. The property was leased back to its existing operators, Paragon Gaming , who officially closed the establishment on Monday, May 4, Due to its size, the Riviera was demolished through two separate implosions conducted in June and August Work began by gutting the Monaco Tower while the hotel parking garages and the Versailles Theater were demolished - the work took place during the summer.
Next came the demolition of the San Remo Tower. Much of the property was demolished during the first implosion.
Asbestos was discovered in the hotel's Monte Carlo tower and in the s towers, and was removed prior to the implosion. Pacific Time on June 14, , taking down the story Monaco tower.
A firework display and countdown led up to the implosion. After the implosion of the Monaco Tower, the casino area was demolished followed by the 8 story tower.
The original 9 story tower built in was demolished next. It was the oldest remaining structure on the Strip. In , LVCVA is currently selling acres of the Riviera.
The Riviera poker room closed in , two years before the remaining gaming operations. In August , the Riviera re-opened its bingo room, in an attempt to bring in new customers and compete against newer resorts on the Strip.
At that time, it was the only casino on the Strip to offer bingo. Beginning in May , the game allowed players to play online bingo on a web page that featured an image of the Riviera, as a marketing move to attract customers.
The casino had a sportsbook operated by William Hill. Liberace was the featured headliner at the resort's opening, and for many years afterward.
In , Splash, a traditional Las Vegas revue created by Jeff Kutash , ended an extended year run at the Riviera. In , An Evening at La Cage, featuring female impersonators including Frank Marino and his impersonation of Joan Rivers , ended one of the longest runs in Strip history.
All of these shows were associate produced and booked by Sam Distefano, the resort's Vice-President of Entertainment and Special Events, who signed George Burns , Bob Hope , Tony Bennett , and Frank Sinatra to a special two-year contract to perform on a recurring basis.
As of , the Riviera had a near-monopoly on championship-level North American and international amateur pool pocket billiards tournaments held in the United States, aside from the Florida-based U.
Amateur Championship. According to the LVCVA, 5. With the Convention Center acquiring the Riviera, meeting attendees will now have direct access to the Strip.
With already more than