From Dining to Dice: How Piero’s Italian Restaurant Changes Hands Amidst the High Stakes of Las Vegas Casinos

Piero’s Italian Cuisine in Las Vegas has been sold to a local restaurateur, according to a reliable source.
This sale follows allegations that the founder’s son committed fraud by securing a $1.5 million loan against the business.

Piero’s Italian Cuisine, a legendary staple in the city, is entering a new era under the management of Amazing Brands, led by local residents Stephen Siegel and Judi Perez Siegel. As the Siegels transition this iconic dining destination into their portfolio, they bring the same expertise that has made them local favorites near the bright lights of Las Vegas casinos. Known for their massive success with Siegel’s Bagelmania and Pinkbox Doughnuts, the Siegels are applying their proven ability to grow popular brands to ensure Piero’s remains a premier destination for those looking to dine between high-stakes adventures at Las Vegas casinos.

Stephen and Judi Siegel are the new owners of Piero's. — Stephen and Judy Siegel are the new owners of Piero’s. (Image: Instagram)

Stephen Siegel is also the founder of Siegel Suites, a chain of extended-stay apartment hotels.

Piero's location in Las Vegas — Piero’s was founded in 1982 by Freddie Glusman, who moved it to its current location in 1987. (Image: UNLV Special Collections)

The acquisition is significant, especially since it was revealed recently that Evan Glusman, Freddie’s son and former operating manager, was arrested for making threats to harm individuals associated with the restaurant. His arrest came after it was disclosed that he had fraudulently obtained a $1.5 million loan against Piero’s by falsely claiming ownership of the establishment.

According to police reports, Evan’s unstable behaviour escalated following his dismissal by his father when he discovered Evan’s actions. This incident highlights the ongoing challenges the restaurant has faced in recent times.

Background of Piero’s Italian Cuisine

Opened in 1982, Piero’s has been a prominent venue in Las Vegas and was popularised further by its appearance in the hit movie Casino. Originally located on S. Karen Avenue, it moved to a larger venue at 355 Convention Center Drive in 1987, taking over the space previously occupied by Villa D’Este.

The restaurant has garnered a reputation not just for its cuisine, but also as a hub for notable events and figures within the Las Vegas community, making its recent controversies particularly significant.

What’s Next for Piero’s?

The Siegels are reportedly working closely with Freddie Glusman to maintain the restaurant’s legacy and uphold its rich history in Las Vegas. As they set to transition into ownership, many are curious to see how they plan to reinvent and refresh Piero’s offerings while retaining customer loyalty.

Key Takeaways

Piero’s is now owned by Amazing Brands, led by the Siegels, who are looking to uphold its traditions.
Evan Glusman’s past actions reached a resolution through legal avenues, but they have cast a shadow over the restaurant’s perceived stability.
The restaurant’s storied past and recent changes have sparked significant interest from both locals and visitors alike.

As Piero’s Italian Cuisine enters this new chapter, the Las Vegas community keeps a keen eye on its evolution and any plans for growth or change that may surface in the coming months.

In summary, the recent sale of Piero’s Italian Cuisine underscores both the resilience of local businesses and the complexities involved in ownership transitions amidst controversy. The Siegels’ acquisition could herald a new era for this iconic Las Vegas restaurant as they navigate challenges and opportunities ahead.