Hooters Hotel & Casino is located one block off the famous Las Vegas Strip. The property has nearly 700 rooms, three bars, and two restaurants. The gaming floor is approximately 35,000 square feet with over 300 slot machines and twenty table games, including poker.
In 2012, after some time of declining revenues, the Hotel / Casino was facing foreclosure. Navegante was contracted by Canyon Capital (US assets of approximately $19 billion) to lease the gaming operations of the property post-foreclosure. Navegante was able to quickly obtain a gaming license and assume oversight of gaming operations on March 31, 2012. The property has begun to experience an increase in gaming revenues.