Source:www.jimippolito.com

Las Vegas casinos continue being bought and sold at a dizzying pace.

This time around it's the venerable downtown casino, Binions that changed hands.

Binions has been suffering with cash flow problems for quite a while now and I have to guess that the buyer picked up the casino at an attractive price and has some kind of plan to make it profitable.

There's no chance that it will be demolished and replaced so it should be interesting to see what comes of this.

This is a place visitors should keep in mind during their next visit because some incentives will probably be offered to attract gamblers.

Here's the story and some other las vegas casino news.