Laughlin News - Page 8
Landry Gets Two for One Deal
26 May 2005
Landry's Restaurants, which is purchasing the Golden Nugget Las Vegas from Poster Financial, is expected to gain the Golden Nugget Laughlin property as well without putting up additional money.
Laughlin Casino Deal on Rocks; Companies Blame Each Other24 May 2005
Poster Financial Group Inc.'s deal to sell its Laughlin casino to competitor Barrick Gaming Corp. has apparently blown up, with sources familiar with both companies saying the transaction will likely wind up in court.
Court Rejects Appeal of Man Convicted of Cheating Slots24 May 2005
A man convicted of using a light optic device to cheat slot machines in Laughlin, has lost his appeal to the Nevada Supreme Court.
Barrick Gaming Buying Golden Nugget10 November 2004
News Brief: Barrick Gaming Corp. says it is buying the Golden Nugget Laughlin for $31 million from the Poster Financial Group Inc., the latest deal in the rapidly consolidating gambling industry.
Inside Gaming: Colony May Have Eye for Rio Buy4 October 2004
A selection of news and views from inside the industry this week.
Laughlin Casino Owner Warned on Accounting23 April 2004
The Nevada Gaming Commission gave final approval Thursday to a Southern California man to reopen the Regency Casino in Laughlin but warned him to adhere to Nevada's strict accounting regulations.
Expedia in Pact with Casinos16 April 2004
The Golden Nugget hotel-casinos in downtown Las Vegas and Laughlin have signed an agreement with Internet travel service Expedia Inc. to offer travel reservations online.
Nevada Regulators Approve Reopening of Laughlin Casino8 April 2004
he Nevada Gaming Control Board on Wednesday gave preliminary approval for the owner of a California real estate investment company to reopen the Regency Casino.
Moody's Upgrades Golden Nugget Investors28 January 2004
Moody's Investors Service has upgraded the rating outlook on Poster Financial Group Inc. of Las Vegas to ‘stable’ from ‘negative’.
Golden Nugget Takeover Approved23 January 2004
Tim Poster and Tom Breitling have received approval from the Nevada Gaming Commission for their $215 million takeover of the downtown and Laughlin Golden Nugget hotel-casinos.
Golden Nugget Bid Extension Expected21 January 2004
Wall Street worry about one-year limitations on gaming licenses for the prospective owners of the Golden Nugget is expected to prompt the buyers' lawyers to ask the Nevada Gaming Commission on Thursday to extend the limitations to four years, industry insiders said.
Casino Hit With Lawsuit in Gangs Battle20 January 2004
A lawsuit filed last week in District Court claims an Arizona couple suffered emotional distress and physical harm when they witnessed a gun battle between rival motorcycle gangs at a Laughlin casino.
Archon Closes on Laughlin Casino9 January 2004
Archon Corporation reports the closing of the purchase of the fee ownership of the Pioneer Hotel & Gambling Hall in Laughlin, Nevada on December 29, 2003.
Limitation Placed on Golden Nugget License8 January 2004
Concern about the relationship of strip-club owner Rick Rizzolo to prospective Golden Nugget buyers prompted the Gaming Control Board to tack a one-year limitation on the duo's license recommendation.
Golden Nugget Buyers Face First License Vote Wednesday5 January 2004
The Golden Nugget will likely change hands in about three weeks, as Nevada gaming regulators are slated to consider the prospective buyers' license applications at meetings in Las Vegas on Wednesday and Jan. 22.
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