About American Casino & Entertainment Properties

Even if you crap out in its casino, Stratosphere Corporation hopes you'll still enjoy the view. The company's Stratosphere Tower, Casino & Hotel in Las Vegas is the tallest free-standing observation tower in the US at 1,149 ft. It features a revolving restaurant, observation decks, and a roller coaster that wraps around the top. More grounded is the firm's hotel, with some 2,400 rooms, an 80,000-sq.-ft. casino, a Broadway showroom, and a retail center with shops and fast-food outlets. Located slightly off the beaten path, the hotel offers a nightly evening shuttle service to the center of the Las Vegas Strip. Whitehall Street Real Estate Fund, an affiliate of The Goldman Sachs Group  , owns the Stratosphere.

The Stratosphere's Top of the World Restaurant & Lounge sits 833 feet above the Las Vegas Strip. Other Stratosphere attractions include the Chapel in the Clouds and a salon and spa.

Along with the rest of the Vegas hotel casino industry, the company has been experiencing less visitors and declining customer spending as a result of the weak economy.

The Stratosphere was founded in 1996 by casino operator Bob Stupak. Within a year the company filed for bankruptcy (the largest in Nevada's history at the time). It was acquired in 2002 by chairman Carl Icahn's American Real Estate Partners, which later became Icahn Enterprises. In 2008 Icahn sold the Stratosphere, along with three other Nevada casinos, to Whitehall (an affiliate of Goldman Sachs) for $1.2 billion.

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bunch of scam artists
It support specialist, Las Vegas - September 27, 2014
Only 1 job in my 18 years of working did I not make my 90 probationary period and that was with this horrible company. I was told I "don't fit in". And since I was let go in April they have hired 3 people, and there was several before me. It's a perfect scam, hire then fire before they are eligible for benefits. It's a scam because each time they post my former job it's always 5-6 weeks a part. I highly advise anyone to not appl for this pathetic company. You will be jobless in about out 6 weeks. It's so bad they have weekly new hire orientation classes at each of their properties which is a huge red flag. Please, please stay away or you will be in the unemployment line on or before your 90 days. You can do everything by the book, but they will set you up to fail then fire you.
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Headquarters
2000 Las Vegas Blvd. South
Las Vegas NV, United States 89104
Revenue
$100M to $500M (USD)
Employees
1,001 to 5,000
Industry
Links
American Casino & Entertainment Properties website