This will be an abbreviated version of news this week for the holiday. Marc needs to party too! Let’s get to it. The big news this week is that SLS Las Vegas was sold by Stockbridge to the Meruelo Group. According to the Las Vegas Review-Journal, the deal should become official by the third quarter.
You might have heard that there was a presidential election this week. There will be a new President next year and some people are happy while others are sad. I’m less concerned with the politics than the gambling. Go figure. This was a record-breaking year for a US presidential election around the world – but not in the country where the election was actually held. Sports books outside of the US saw record amounts of money wagered on who would become the next President. Some gamblers won bigly as Donald Trump was a long shot for much of the time.