Funding Needed
$100 (Mio)
EB5 Funding
$100 (Mio)
EB-5 Investors
Investment Amount


Accommodation and Food Services
Hotels (except Casino Hotels) and Motels


Las Vegas Blvd, Las Vegas, Nevada


H. Ronald KlaskoJoseph McCarthySharon  ShiLarry WangGeorge W Ekins

Last Update: May 26, 2016 04:06 AM

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SLS Hotel & Casino

Project Description

ADF | American Dream Fund ("ADF") operates the Los Angeles, Portland, and Las Vegas EB-5 Regional Centers and is one of the most respected EB-5 companies in the United States.  Following ADF's instrumental role and leadership in the successful W Hotel Hollywood EB-5 project, ADF is pleased to offer a new and exciting EB-5 qualified investment offering that will finance the construction, development, and operation of the SLS Hotel & Casino™ Las Vegas, a new lifestyle-branded casino resort to be established on the world famous Las Vegas Blvd (aka the Las Vegas Strip).

Stockbridge/SBE Holdings, LLC (the “Project Company”) will renovate the Sahara and rebrand the property as the SLS Las Vegas, a premier hotel and casino, which will occupy a total of approximately 2.2 million square feet of building area and will be appointed with a full range of first-class facilities, features, and amenities as follows:

·      3 hotel towers consisting of 1,371 rooms and 251 suites

·   66,154 square feet of casino space, including 860 slot machines, 112 gambling tables, and a 2,840 square foot sports book area, designed to be an integrated            extension of the restaurants and night clubs at SLS Las Vegas

·     32,700 square feet of convention space

·     4 sbe Entertainment Group branded night clubs, covering 71,650 square feet with a total customer capacity of 5,000

·     8,000 square feet of bars and lounges.

·     12 sbe Entertainment Group branded restaurants,occupying a total of 43,000 square feet and having a total seating capacity of 1,671

·     Pool area offering cabanas, a show stage, and a cocktail and snack bar in a 39,150 square foot area

·     Spa and fitness facilities occupying 8,000 square feet

·      7,500 square feet dedicated to on-site retail space

·      Parking area with 2,100 spaces

News & Updates

SLS Las Vegas on ‘verge of bankruptcy,’ investors allege
November 12, 2019
Similarities with EB-5 Visas and Opportunity Zone Programs
May 30, 2019
Visas for Dollars: Backers of Failed Vegas Casino May Lose Both
September 05, 2018
Culinary asks for investigation of prospective owner of SLS Las Vegas
February 12, 2018
Lucky Dragon Casino Foreclosure Auction Postponed, Possible Backstage Deals Push Date Back
February 07, 2018
What Lucky Dragon's Struggles Foretell For The Las Vegas Strip
January 05, 2018
SLS Las Vegas on ‘verge of chapter,’ traders allege
January 01, 2018
Las Vegas’ Lucky Dragon Casino Low on Luck, as Asian-Themed Resort Reportedly Struggling
December 18, 2017
Chinese Investors Claim SLS Las Vegas Violated Green Card Promises
December 11, 2017
SLS Las Vegas Struggling Financially, Dealing with Court Battle
December 09, 2017
Investors Claim SLS Las Vegas On Verge Of Bankruptcy
December 08, 2017
Investors in SLS Las Vegas sue, claim project was never profitable
December 08, 2017
SLS Las Vegas on ‘verge of bankruptcy,’ investors allege
December 08, 2017
5 Questions and Answers about the EB-5 Program
May 18, 2017
Democrats now find fault with visa program abused by Reid
May 17, 2017
Reform the Scandal-Plagued EB-5 Visa Program
May 15, 2017
Hirson and Jahangiri: Instead of Pressuring Mexican President Peña Nieto, We Have a Solution to Fund the U.S.-Mexico Wall
February 10, 2017
Mismanaged EB-5 investment for visa program in South Dakota spawns lawsuits, criminal charges
November 13, 2016
Lucky Dragon gets final approval
October 20, 2016
EB-5 visas surge in popularity
July 26, 2016
EXCLUSIVE: ICE Whistleblower May Depose Harry Reid
March 18, 2016
Senate Committee Demands DHS Produce Whistle-Blower Smear Documents
March 17, 2016
American foreign investor program remains most popular with wealthy Chinese
March 13, 2016
Lucky Dragon Construction Set to Halt Due to Lack of Funds
February 11, 2016
U.S. Navy issues ‘letter of concern’ over port leases for upcoming EB-5 funded Tinian casino
January 29, 2016
Lucky Dragon Casino project in Las Vegas seeking foreign investments
January 28, 2016
World Trade Center Savannah gets EB-5 status
January 15, 2016
What 2016 Holds for Gaming
January 06, 2016
Six wishes for a healthy Strip, wherever that is
December 27, 2015
SLS Las Vegas reports $38.7 million loss in 3rd quarter
November 13, 2015
Sam Nazarian gets initial OK to sell his 10 percent stake in SLS, withdraw gaming license application
November 04, 2015
International trade center could bring the world to North Las Vegas
November 03, 2015
The 11 largrest EB-5 projects in America
October 22, 2015
Nightclub mogul Sam Nazarian pulls out of Las Vegas hotel-casino venture
October 08, 2015
Nazarian to Sell Stake in SLS Las Vegas Hotel
October 06, 2015
Sam Nazarian’s SBE Entertainment will no longer manage SLS
October 06, 2015
Is the Dream over? ADF's EB-5 SLS Casino posts six straight months of losses, over $80 million for 2015
August 28, 2015
SLS Las Vegas loses $48.7 million in second quarter
August 28, 2015
Young Guns, Big Promise: The SLS Las Vegas - its process and its principals
August 20, 2015
SLS Las Vegas suffers net loss of $48.6 million in second quarter of 2015
August 19, 2015
SLS Las Vegas Dropping Money Like It’s Hot, But Parent Stockbridge Committed to Keeping Property Afloat
August 19, 2015
One year later, SLS fails to turn a profit
August 18, 2015
SLS Las Vegas net loss reaches $48.6 million in second quarter
August 18, 2015
Investor visas get ‘lipstick on pig’ treatment
August 18, 2015
SLS Las Vegas reports a loss of $48.7 million in second quarter
August 18, 2015
Amid struggles, SLS reaffirms its efforts to attract locals
July 17, 2015
The SLS Las Vegas--it's process and it's principals
July 10, 2015
SLS OMG – Is Their Big Net Loss a Big Deal?
June 28, 2015
SLS lost $35m in first quarter
June 23, 2015
EB-5 and Real Estate Development
June 16, 2015
3 Absolute Myths About EB-5
June 09, 2015
US officials seek business on tour
May 30, 2015
SLS Las Vegas Hotel, Casino Bouncing Back After Refinancing Debt
May 14, 2015
SLS Hotel in Las Vegas Gets Relief In Refinancing Deal
May 12, 2015
Report cites favoritism for Terry McAuliffe and brother of Hillary Clinton
May 05, 2015
Sketchy federal program sells citizenship
May 05, 2015
Homeland Security Watchdog Cites Favoritism in EB-5 Visa Program
March 24, 2015
Vegas Rumors: Monte Carlo Name Change, Riviera Bye-Bye
February 05, 2015
Whistleblowers: US Gave Visas to Suspected Forgers, Fraudsters, Criminals
February 03, 2015
Contrite Vegas hotelier wins gambling license
December 19, 2014
SLS Hotel Owner Loses Vegas Property Over Cocaine Use And Extortion
December 17, 2014
Nazarian out of day-to-day operations at SLS
December 16, 2014
Stockbridge Capital: Sam Nazarian No Longer Involved in Management of SLS Las Vegas
December 16, 2014
Nightclub owner Sam Nazarian gives up control of Las Vegas hotel
December 16, 2014
Baccarat to EB-5, Asian Money Bankrolls Las Vegas Revival
October 23, 2014
Chinese Money Fuels Las Vegas Revival
October 09, 2014
SLS Vegas bucks development status quo
October 03, 2014
SLS Approved For Gaming License, Nazarian Firewalled
August 06, 2014
Las Vegas Benefits From the EB-5 Program
May 13, 2014
Why China loves Las Vegas
January 07, 2014
Taking a closer look at sls las vegas and SBE'S strip takeover
August 01, 2013
Investing in America
May 28, 2013
North Vegas Strip May Be Coming Back To Life
March 05, 2013
Closed Casino Banks on U.S. Program
February 12, 2013
TEXT-S&P summary: Stockbridge/SBE Investment Co. LLC
November 12, 2012
The Emperor of Cool - SBE and Sam
November 02, 2012
Seminar Updates
August 07, 2012
Financing details unveiled for Sahara renovation into ‘SLS Las Vegas’
April 04, 2012
Moody's assigns Stockbridge/SBE Holdings B3 CFR; outlook stable
April 04, 2012

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