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Nevada regulators approve Gaughan Gaming deal for Hotel Nevada

21 February 2014

By Chris Sieroty
LAS VEGAS -- The Nevada State Gaming Control Board Gaming Commission on Thursday approved Gaughan Gaming, LLC’s acquisition of a 50 percent ownership position in the Hotel Nevada and Gambling Hall in Ely. Gaughan Gaming, operated by John Gaughan in partnership with Paul Kellogg, will also oversee operations at the 85-year-old casino.

Financial terms of the deal were not disclosed. The deal also includes an ownership stake in The Postal Palace, O’Aces Bar and Huntridge Tavern in Las Vegas.

Gaughan, CEO of Las Vegas-based Gaughan Gaming, said he was “excited to be part of this historic property in central Nevada.”

“We look forward to becoming an integral part of the Ely and White Pine County community and we are committed to continue offering a strong level of customer service at this landmark property,” Gaughan said in a statement.

The six-story Hotel Nevada and Gambling Hall was built in 1929 and features 67 rooms. At the time it was built, the hotel was the tallest building in the state.

Copyright GamingWire. All rights reserved.


Casino dealers at three Strip resorts approve contract

20 February 2014
LAS VEGAS -- Casino dealers at three of the Strip’s most popular resorts have overwhelmingly approved a multi-year contract with Caesars Entertainment Corporation. Dealers at Paris Las Vegas, Bally’s - Las Vegas and Harrah’s Las Vegas Casino & Hotel voted 342 to 27 late Tuesday to approve the five-year ... (read more)

Las Vegas Sands websites restored about a week after hacking

18 February 2014
LAS VEGAS -- Las Vegas Sands Corp., owners of the Venetian and Palazzo on the Strip, has restored its websites about a week after they were apparently taken over by hackers. The Las Vegas-based gaming company pulled down the sites, including Internet portals to the company’s Strip resorts, on Feb 13. ... (read more)

Ralph Topping remains in the job, but sports book William Hill is seeking a new CEO

18 February 2014
William Hill plc on Monday was forced to clarify media reports that its chief executive will leave the British bookmaker by the end of the year, saying a planned timetable to replace Ralph Topping at the end of next year is still on track. Topping is scheduled to retire at the end of 2015, but The Times and Daily Telegraph in London reported Monday that he may step down by year’s end. ... (read more)

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