Golden Gate Hotel & Casino News - Page 3

Eldorado Resorts' acquisition of MGM's holdings in Reno for $72.5 million will give the company a 32% share of the hotel rooms in the city.

Derek Stevens, who also owns The D Las Vegas and the recently closed Las Vegas Club, purchased the remaining share of the Golden Gate from Mark Brandenburg, whose family founded the casino.

Downtown gaming revenue has increased in eight consecutive months, including September's 9% jump.

CEO Jim Simms, who oversaw a complete upgrade of the casino floor, says the casino hotel is looking for a bigger share of the downtown Las Vegas gambling audience.

On Nov. 1, Jeff Victor will become vice president of operations for the Derek Stevens-owned group of casinos, which includes the D Las Vegas and Golden Gate.

The owner of the Golden Gate has worked there since he was 12 and takes pride in Las Vegas's development into a world-class city.

The owner of the D Las Vegas and the Golden Gate purchased the Riviera's 852 slot machines, four roulette wheels and spare machine parts.

Bill Boyd said a 1983 decision to take over management of the troubled Stardust was an easy choice.

The authorization comes after a more than a year-and-a-half of negotiation with the casinos, Culinary Local 226 spokeswoman Bethany Khan said.

At the most basic level, it’s just another fight over selling liquor and making money.

When word of the plans leaked Tuesday, several people showed up at the D Las Vegas’ American Coney Island, looking to pay for several of the restaurant’s signature hot dogs with Bitcoin.

In a matter of five years, Stevens transformed two aging hotels into entertainment and gambling attractions that have renewed portions of Fremont Street and given downtown additional character.

The Golden Gate has unveiled the first phase of its renovation just a few days following the name-change announcement from its sister property, the D Las Vegas.

Vegas' oldest casino to undergo its first renovation in 50 years.

This year is a transition year for downtown Las Vegas as the area awaits a number of remodels, redevelopments and expansions.

Agilysys, Inc. reports that Golden Gate Hotel & Casino in Las Vegas has selected the Visual One property management solution and InfoGenesis POS solution to streamline operations at the 106-room property.

Derek Stevens, whose family owns the Las Vegas 51s baseball team and a stake in the Riviera, recently made his first public appearance at the Golden Gate since buying into the 102-year-old property on Fremont Street in March.

Golden Gate casino owner Mark Brandenburg sees his 107-room property attracting Strip customers who are increasingly frustrated and exhausted by the size and scope of the Strip’s ever-growing megaresort empire.

A 50 percent interest in Las Vegas' oldest hotel-casino was sold Thursday to an investment partnership controlled by two brothers whose family made their fortune manufacturing nuts and bolts in the Midwest.

A selection of news and views from inside the industry this week.