The Las Vegas Review-Journal reported over the weekend that Canyon Capital Realty Advisors will become the full owners of the struggling Hooters Hotel in Vegas. 

After a bankruptcy court auction on Friday attracted no outside bidders, Canyon Capital, the majority lenders of the Hooters Hotel, was granted ownership beginning March 30th, 2012.

Hooters President Michael Hessling told the Review-Journal that, "Everything will be just the same on March 31 as on March 30."

Canyon Capital's bid of $60 million was likely the main reason there were no outside bidders interested in the 40-year-old, 696-room hotel.

So what does this mean for gamers? 

Well, it looks like Hooters will remain open as least for the foreseeable future, with no plans to downsize as it stands now. The hotel has long been a favorite with low-rollers looking to have a good time on their $3 Blackjack tables, $1.50 beers and relatively cheap hotel rooms.

Credit issues, waning interest and a troubling economy pushed the ageing hotel's value down drastically. For the moment, however, it looks like Hooters Las Vegas has received a second life.