1977 Opened - 160 East Flamingo Road
1972 Opened
1979 Opened
1998 Sold to West Coast Mortgage Limited Partnership
1999 Sold to Premier Interval Resort, Inc.
2000 Sold to Revanche LLC for $10 M
2002 Sold to Columbia Sussex Corp for $38 M
2003 Renovation $40 M
2003 Reopened & Re-named Westin Casuarina Hotel

New York, NY - September 5, 2002 - Houston-based Revanche, LLC has sold the 795-room Maxim Hotel & Casino in Las Vegas, Nevada, to C.P. Las Vegas, LLC, a Kentucky-based owner and operator of franchised hotels, in a transaction valued at approximately $38 million.  Insignia/ESG Hotel Partners was the owner's exclusive representative in this sale.  Jack Carr and Harry Pflueger, managing directors in Insignia/ESG Hotel Partners' Newport Beach, California, and Las Vegas offices, oversaw the marketing and disposition of the asset. The Maxim Hotel & Casino is located two blocks east of the premier Flamingo Road/Strip intersection. According to Mr. Carr, "The Maxim's location so close to the Flamingo intersection on the Strip was a primary selling point. The resilience Las Vegas has shown during the past year helped move the deal to completion." While the Maxim has been closed since August 2001, the facility offers over 32,000 square feet of casino space and extensive food, beverage and recreational facilities. The property will undergo an extensive renovation. Mr. Pflueger commented, "C.P. Las Vegas is the perfect owner to position this hotel and casino properly within the Las Vegas marketplace. Their plans for the property should significantly improve the neighborhood at the intersection of Flamingo and Koval."

Maxim Hotel & Casino - Image Gallery Chip scans courtesy of Ross Poppel and Silver State Treasures Click on Thumbnail for full-size view
$1	$1	$5	$25
Postcard	Matchbook	Matchbook	Postcard
MAX-01	MAX-02	MAX-03	MAX-05
Maxim Pin	Slot Club Card	$10 Silver Strike	$10 Silver Strike
Coin Cup	Matchbook	Coffee Mug	MAX-06
MAX-09	MAX-10	Welcome	Welcome