Gaming News

Horizon Casino Resort may leave gaming business

CALIFORNIA -- As reported by the Sacramento Bee: "Facing competition from Northern California's Indian casinos, a major Lake Tahoe casino is changing hands and might exit the gambling business.

"The Horizon Casino Resort's landlord said Wednesday he is considering turning the resort into a residential-retail complex when he takes control of the property in three years. That would end four decades of gambling at the Horizon, one of the big four casinos on Tahoe's south shore. In its heyday it hosted the likes of Elvis Presley and Muhammad Ali..."

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