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Alex Meruelo closes on SLS Las Vegas acquisition

6 April 2018

(PRESS RELEASE) -- Alex Meruelo acquired ownership of SLS Las Vegas Hotel & Casino, naming Paul Hobson as the property's new senior vice president and general manager.

"Paul Hobson brings extensive experience in gaming and hospitality and valued insight into the ever-evolving North Las Vegas Strip to SLS Las Vegas," said Alex Meruelo, principal of the Meruelo Group. "We are thrilled to have him lead the team in ushering in this exciting new era for the historic property."

Mr. Meruelo adds SLS Las Vegas, a 1,616-room, three-tower resort-casino, including the W Las Vegas, to a gaming and hospitality portfolio that includes Grand Sierra Resort and Casino in Reno, Nevada. The acquisition of the SLS Las Vegas marks the first ever privately held affiliation of large resort properties in both Reno and Las Vegas.

Hobson was most recently general manager of Stratosphere Casino, Hotel & Tower. He joined Stratosphere in early 2011 from sister property, Aquarius Casino Resort, where he also held the title of general manager. Previously, Hobson has held senior management positions with MGM Resorts International, Caesars Entertainment and Affinity Gaming.

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