It's been recently been purchased by an internet billionaire whose name escapes me. He's ripping it all down and renovating it completely. After auctioning off most of the pieces and furniture inside, the world's elite was invited to a party in the hotel on June 26th to break stuff. That's all it is. Check out this really cool commercial/hype video they created for it HERE.
Below are some pictures from... who else but the Cobrasnake.







