Meruelo Pledges $100 Million to Revitalize SLS Las Vegas

Nevada regulators signed off on the Meruelo Group’s purchase of the struggling North Strip resort, SLS (l.). The Reno-based company assured them that it can make the property a winner.

Meruelo Pledges $100 Million to Revitalize SLS Las Vegas

The new owner of the SLS Las Vegas has promised to invest $100 million to turn the struggling casino hotel’s fortunes around.

Alex Meruelo, whose 2017 purchase of the North Strip resort was approved on March 22 by the Nevada Gaming Commission, will use the money over the next couple of years to upgrade hotel rooms, redesign the pool, brighten the casino floor and refresh the slot machine offering