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Nevada Gambling News Brief

Hooters Hotel Casino files for bankruptcy

Daily Mail,  Tuesday, August 2, 2011 at 11:19:29 AM

Its staff are famous for their ample cleavages, but the financial assets of the Hooters hotel-casino on the Las Vegas Strip aren't looking so good.

Yesterday the owners filed for bankruptcy, listing assets worth $10 to $50 million against liabilities of $162 million.

The hotel was re-branded as Hooters in 2006, but has suffered substantial cash flow problems -- its casino has never made money -- as well as very mixed feedback from customers.

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