Poker Poker Poker!: [vpFREE] WESTGATE RESORTS ANNOUNCES THE ACQUISITION OF THE LVH

FOR IMMEDIATE RELEASE

WESTGATE RESORTS ANNOUNCES THE ACQUISITION
OF THE LVH - LAS VEGAS HOTEL & CASINO

Resort will be rebranded as the Westgate Las Vegas Resort & Casino on July
1, 2014

Las Vegas, Nevada (July 1, 2014) - Westgate Resorts is proud to announce the
acquisition of the LVH - Las Vegas Hotel & Casino as the newest addition to
its portfolio of 28 resorts. Westgate LVH, LLC, which is wholly-owned by
Westgate Resorts, Ltd., has acquired 100% of the membership interests in
3000 Paradise Road, LLC, the owner of the LVH - Las Vegas Hotel ("LVH") &
Casino. The property was formerly known as the Las Vegas Hilton and will be
renamed Westgate Las Vegas Resort & Casino. The LVH is a landmark property
that, at one time, was the largest hotel in the world and was home to such
legendary greats as Elvis Presley and Liberace during Vegas's golden age.
The new Westgate Las Vegas Resort & Casino is located just one block off the
world-famous Las Vegas Strip, is adjacent to the Las Vegas Convention
Center, and is one of seven stations on the Las Vegas Monorail.

David Siegel, Founder and CEO of Westgate Resorts, proudly announced,
"Westgate Las Vegas Resort & Casino will set the standard for service in Las
Vegas." Siegel adds "We are very excited to be taking this important part of
Vegas history and reinventing it for the next generation of Las Vegas
visitors." This iconic resort is 30 stories tall and is home to the largest
freestanding sign in the world at 279 feet. With nearly 3,000 rooms,
including 300 opulent suites, Westgate will convert some of the rooms to
luxury timeshare villas while still operating the resort hotel rooms and
suites. Westgate Las Vegas Resort & Casino features a 95,000 square foot
casino with a wide array of table games and the hottest slot machines on the
market, 200,000 square feet of meeting and convention space, incredible
restaurants - including the largest Benihana restaurant in the United
States, endless entertainment, a spa and fitness center, expansive pool with
luxurious cabanas, access to golf at the exclusive Las Vegas Country Club,
and the world's largest race and sports SuperBookR.

"Although a selection of our rooms will be converted into timeshare villas,
it is important to know that our resort hotel and legendary luxury suites
will remain open to Las Vegas visitors and tourists, for vacations and
conventions," explained Siegel. "We will be providing the best of both
worlds on our resort property," said Siegel. Siegel further added, "Las
Vegas is the center of the universe for luxury destination resorts and the
new Westgate Las Vegas Resort & Casino is at the center of the Las Vegas
renaissance."

Financing is being provided by Western Alliance Resort Finance, a division
of Western Alliance Bank. "We are delighted to have the opportunity to begin
this relationship with Westgate as one of the premier developers in the
industry and to provide the financing for this exciting project," said
Robert Sarver, Western Alliance President and CEO. Added Tom Dugan, CFO of
Westgate Resorts, "It was a pleasure working with the Western Alliance
Resort Finance team on this transaction."

Westgate Resorts closed on the property on June 30, 2014, and will retain
Navegante Group, a well-known casino management company that has been
managing the property since October 2012, to continue to operate the
property.

For more information or to book accommodations at the new Westgate Las Vegas
Resort & Casino, call toll free at (800) 732-7117 or log on to
www.westgatelasvegasresort.com.

ABOUT WESTGATE RESORTS
One of the largest privately owned timeshare companies in the world,
Westgate Resorts features luxury resorts in premier travel destinations such
as Orlando, Florida; Park City, Utah; Las Vegas, Nevada; Gatlinburg,
Tennessee; Branson, Missouri; Myrtle Beach, South Carolina; Williamsburg,
Virginia; Miami, Florida; Mesa, Arizona; and Tunica, Mississippi. Founded in
1980 by David A. Siegel, Westgate Resorts develops and operates uniquely
themed destination resorts that include luxurious accommodations,
destination health spas, water parks, restaurants and retail shopping
outlets. For more information about Westgate Resorts, visit
www.westgateresorts.com <http://www.westgateresorts.com> .

About Navegante
Navegante, founded in 1995 by long-time casino executive Larry J. Woolf, is
a full-service gaming company that offers consulting, development, leasing,
and management capabilities along with executive recruiting services through
its casinorecruiter.com division. Consisting of an elite group of
professionals with unparalleled experience and capabilities in the
development and management of hotel and casino projects, Navegante is
licensed by gaming regulators in numerous jurisdictions and can promptly
obtain gaming licenses in most municipalities that have or are considering
gaming.

About Western Alliance Bancorporation
Western Alliance Bancorporation was founded by a successful group of veteran
bankers and business leaders focused on serving businesses, entrepreneurs,
real estate developers and others seeking a premier level of responsiveness
for business banking. Today, Western Alliance Bancorporation is one of the
top 100 publicly-held banking companies in the nation. Through its primary
subsidiary, Western Alliance Bank, the bank provides full service banking in
Arizona, California and Nevada and a national platform of related financial
services.

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