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Casino to Expand, Rebrand After Sale15 January 2001LAS VEGAS, Nevada – Jan. 15, 2001 – As reported by the Associated Press: ``Station Casinos plans to spend $40 million to expand The Reserve hotel-casino in Henderson, company officials told state regulators. ``The company's proposed additions to The Reserve include a 10,000-square-foot restaurant, an addition to the 41,500-square-foot casino, a parking garage and a food court with five or six fast-food outlets. ``…The Gaming Control Board voted 3-0 Wednesday to recommend approval of Station Casinos' plans to buy The Reserve from Ameristar Casinos for $70 million after a company lawyer argued that Station Casinos would still control less than 10 percent of Clark County's gambling market. ``The Nevada Gaming Commission will meet later this month to consider approving the deal…” |