The Regent Las Vegas has closed its American cuisine restaurant, Parian, apparently as part of a cost-cutting campaign.
Employees at the Regent say the Parian has been closed permanently. But the company wasn't commenting Thursday, except to say that negotiations to restructure $220 million in debt were continuing.
"Management is evaluating all areas of the property for efficiencies and operational savings," Regent spokesman Denny Weddle said in a statement. "There are no major newsworthy items to report at this time."
The Regent went into default with its bondholders last month when Resort at Summerlin Inc., its operating company, missed a $3.9 million interest payment on $120 million in senior subordinated notes. The resort has also missed $1 million in lease payments due to PDS Financial Corp., owner of most of the resort's slot machines.
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