Gaucho group holdings, inc. makes additional $3.5 million investment to further advance las vegas project with lvh holdings llc

Company endeavors to expand brand to include opportunities in lodging, hospitality, retail, and gaming new york, ny / accesswire / november 11, 2021 / gaucho group holdings, inc. (nasdaq:vino), a company that includes a growing collection of e-commerce platforms with a concentration on fine wines, luxury real estate, and leather goods and accessories, today announced it has made a new $3.5 million payment to lvh holdings llc to further advance the previously announced agreement to develop a project in las vegas, nevada. gaucho holdings' new payment of $3.5 million (following two previous installments of $1 million and $2.5 million, announced earlier this year) toward the project, brings its commitment thus far to $7 million paid toward what is expected to be a total commitment of $35 million for a 40% ownership of the project.
VINO Ratings Summary
VINO Quant Ranking