With the financial difficulties of many Vegas mainstays in the past few years, another off strip property says that their doors may not be open much longer. Due to the financial difficulty of drawing gamblers to Vegas during the recession, Hooters Hotel is pointing to its mounting operation losses and accumulating deficit as a reason why the Vegas property may not remain open.

LAS VEGAS, Nevada — The owner of Hooters Casino Hotel says it may go bust, and three other Southern Nevada casino operators also reported financial weakness this week. Hooters Hotel owner 155 East Tropicana LLC on Wednesday reported “substantial doubt about our ability to continue as a going concern.” The company said it has recurring operating losses and an accumulated deficit.

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Steve Wynn and Elaine Wynn have struck a court-approved financial agreement that splits up their estimated $2 billion gambling empire and paves the way for the divorce he has been seeking for eight months.

The confidential settlement, which comes on the heels of secret courthouse negotiations late last week, doesn’t have to be disclosed to federal and state regulators until after the Wynns obtain their divorce decree early next year, a source close to the couple said Monday.

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Instead of taking on new investors for their financial source, MGM Mirage is now looking into partnering up with another company in order to secure their business.

When reality overtakes ambition in the casino business, it’s time to seek more investors.

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