Lucky Club Hotel and Casino News

Entrepreneur Jeffrey Fine knew owning a casino would be tough, and that was before the economy nosedived.

Firefighters from two cities and Clark County are fighting a three-alarm fire that forced the Speedway Casino/Ramada Inn at Interstate 15 and Cheyenne Avenue to evacuate its casino and hotel rooms.

MTR Gaming Group, Inc. has completed the sale of the gaming assets of the Speedway Casino to Lucky Lucy D, LLC.

Las Vegas-based Ganaste completed an $11.4 million real estate purchase of the Speedway Hotel and Casino from Chester, W.Va.-based MTR Gaming last week.

MTR Gaming Group announced Tuesday that it had entered an agreement to sell the Speedway Casino to Mandekic Cos., a local privately held company, for $18.2 million in cash.

MTR Gaming Group subsidiary, Speakeasy Gaming of Las Vegas, Inc., has entered into a definitive agreement with Mandekic Companies, LLC to sell its Speedway Casino in North Las Vegas, NV for $18,175,000 in cash.

MTR Gaming was told by members of the state Gaming Commission Wednesday that it better improve its business practices but the commission voted 3-2 to award it an unlimited license for operation of the Ramada Inn and Speedway Casino in North Las Vegas.