Co-founder interested in buying out Harvey's
Tuesday, Jan. 14, 1997 | 11:59 a.m.
According to a published report, Hard Rock co-founder Peter Morton is planning a buyout of partner Harvey's Casino.
The Las Vegas Review-Journal reported Tuesday that unnamed sources say Morton is unhappy with the resort's marketing direction.
Harvey's has a management contract running through March 1998. The Lake Tahoe-based resort company owns 40 percent of the Las Vegas hotel-casino and Morton owns 60 percent.
Morton, reached in his Los Angeles office, declined comment on a possible buyout.
"I can't comment on it ... but everything's for sale in this world," Morton said.
Jim Rafferty, a Harvey's spokesman, refused to discuss the issue, commenting instead on the success of the 340-room property.
"Everything's great," Rafferty said. "It's been a banner year for us. The Hard Rock is a major player for us."
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