Riviera operators get initial approval to run Westgate

Paragon’s Diana Bennett and Scott Menke will need final approval from the Nevada Gaming Commission as they transition to their next property, located just behind the Riviera on Paradise Road.

Westgate Resorts CEO David Siegel took over the former LVH last year and rebranded it Westgate Las Vegas. An attorney representing the property told the gaming board today that Siegel sought out Paragon and is willing to rely on its expertise to revive the aging hotel-casino, which has also been known as the Las Vegas Hilton and the International.

Paragon will manage the gaming and nongaming sides of the Westgate, with the exception of its timeshare business.

Menke said the Westgate will benefit from the Las Vegas Convention and Visitors Authority’s expansion — growth that will replace the Riviera. He said he thinks the Westgate can “shine again” and that the new ownership is being “very aggressive” in attempts to transform it into a destination resort.

Paragon officials aren’t the only aspect of the Riviera making the transition. Menke indicated that some meetings business from the recently closed property will find a new home at the Westgate.

In recommending approval of Paragon, the gaming board members said they thought the company was a good fit for the Westgate.
“You were successful at the Riviera in the short amount of time that you were there, and I think you’ll be successful at this property,” Chairman A.G. Burnett said.