Casino deal?Casino Deal?: Colony Capital  This article may contain improper references to .Please help [ improve this article] by removing . , an L.A. investment firm that owns the Las Vegas Hilton The Las Vegas Hilton is a hotel, casino, and convention center in Las Vegas, Nevada. It is a joint venture between Colony Capital, which owns 60 percent, and New York City-based REIT Whitehall Street Real Estate Funds, which owns the remaining 40 percent. , is in talks to acquire the Atlantic City Hilton Atlantic City Hilton was first built by Steve Wynn in 1980 and named Golden Nugget Atlantic City. It was the first in Atlantic City to be built from the ground up as a luxury casino hotel, rather than being a renovation of an old non-gaming Atlantic City Hotel. and three other casinos owned by Harrah's Entertainment Inc. and Caesars Entertainment Inc., several news organizations reported, citing sources close to the deal. Purchase price of all four casinos is believed to be more than $1 billion. |
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