Riviera sold to Las Vegas Convention and Visitors Authority
On Friday, February 20, 2015, the Riviera Hotel and Casino was sold to the Las Vegas
Convention and Visitors Authority for $182.5 million, (total price for the
Riviera with closing costs will be about $191 million), a purchase approved by
the LVCVA Board of Directors. A new structure expanding the Las Vegas Convention Center
will be built at this site. The LVCVA plans to market the city of Las Vegas on a global level
as part of the Las Vegas Global Business District project with an overall cost of $2.3 billion.
Riviera's Doors Closed - Monday, May 4, 2015
On Monday,May 4, 2015 the Riviera closed its doors for the last time in its 60 year
history.The Riviera Hotel and Casino, 2901 Las Vegas Blvd South, Las Vegas, NV 89109, opened on April 20, 1955 and had recently celebrated its 60th birthday. Originally, the hotel had nine floors and 300 rooms. Over the years, several towers were built, increasing the Riviera’s capacity to 23 floors and 2,075 rooms. Built on 26 acres of land, the Riviera was Las Vegas’s first high rise hotel.
