On the heels of last week's unanimous approval by the Las Vegas Planning Commission, the Moulin Rouge Development Corporation (MRDC) and its partner Republic Urban Properties (RUP) today announced its partnership with Las Vegas-based casino operator Epic Gaming. Epic Gaming has been retained by MRDC and RUP as a strategic partner in the programmatic design of the project during its design phase. Upon completion, Epic Gaming will become the exclusive gaming operator for the new Moulin Rouge Hotel and Casino.
'Partnering with Epic Gaming is a significant step in turning the dream of rebuilding the Moulin Rouge into a reality,' said Dale Scott, President and CEO of the Moulin Rouge Development Corporation. 'Epic's commitment to hire and train a diverse workforce from the surrounding community was an extremely important factor in making this decision. We look forward to working with Epic to build a team that is truly representative of the demographic makeup of Las Vegas.'
'Epic Gaming is proud to be associated with the talented team assembled to create the 21st century version of the historic Moulin Rouge,' said John Groom, CEO of Epic Gaming. 'Our management team has developed and operated successful casino enterprises over a wide spectrum of gaming markets and we are committed to building a first class entertainment experience in the heart of Las Vegas.'
Moving forward Epic Gaming will work in conjunction with project architect and engineer Edward Vance & Associates during the design phase to ensure the proper planning and functionality of the hotel and casino. During the design phase, Epic is tasked with determining the strategic mix of the gaming initiatives and ancillary amenities including slots, gaming tables, restaurants and retail. Upon completion of the facility, Epic Gaming will become the property operator.
'Epic's collective experience brings legitimacy to the gaming side of this development,' said Michael Van Every, Senior Vice President, Republic Urban Properties. 'Epic Gaming has a proven track record of working in diverse communities in a multitude of jurisdictions and we are confident that their record of accomplishment will translate into success for the Moulin Rouge.'
Last week, the Las Vegas Planning Commission unanimously approved the rezoning of the Moulin Rouge site plan. The application will now be forwarded to the City Council for final approval consideration on April 2, 2008. Once approved, the project will break ground in early 2009 with completion slated for the fourth quarter of 2010.
Moulin Rouge Background:
Located on Bonanza Road and I-15, the new Moulin Rouge Hotel and Casino, which first opened in 1955 as a showplace for African American performers including Sammy Davis Jr., and Nat King Cole, will take its place alongside Vegas' other unique hotel resort destinations. The first phase of the multi-phase development includes 700 new hotel rooms, four restaurants, convention and meeting rooms, as well as a pool-side night club, concert venue, jazz center, and over 50,000 sq. ft. of retail and spa facilities.
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