Sidley represented Warner Gaming on the sale of its one-half joint venture interest in the Hard Rock Hotel & Casino Sioux City to Peninsula Pacific Entertainment. As a result of the transaction, Peninsula Pacific acquired sole ownership of the joint venture. Other terms of the transaction were not disclosed. The hotel and casino property, which began operating in 2014, offers premier gaming, hospitality, and entertainment in Sioux City, Iowa.
Composed of seasoned gaming and hospitality executives with expertise spanning virtually every front-of-house and back-of-house function of the hospitality business, Warner Gaming has been built from the ground up to form the leading management company within the industry and focuses on the development and management of best-in-class gaming facilities, luxury hotels, restaurants, and recreational facilities.
The Sidley deal team was led by Ken Baronsky and Payom Pirahesh (M&A and Private Equity), and included Luke Ashworth, Mark Castiglia, and Cat Zhang (M&A and Private Equity); Ed Norris and Jonathan Westreich (Tax); James Lowe (Antitrust); and Banks Bruce (Global Finance).
