That casino will be the site of this year’s World Series of Poker, which runs from May 31 to July 19. was announced as the Bally’s Las Vegas casino began the process of rebranding to the Horseshoe Las Vegas. That was part of a larger puzzle as Caesars and Eldorado merged in 2020.Īnd in January, another deal involving Bally Corp. bought the MontBleu Resort Casino & Spa in April 2021. Sales and rebrands are nothing new for Nevada casinos, as the state with more gaming facilities than any other (more than 200, according to the American Gaming Association) continues to evolve. “We believe there is a lot of upside to this transaction and that we identified some areas of improvement to continue the Nugget’s growth.” We look forward to welcoming the great team at the Nugget to Century Casinos,” Century Co-CEOs Erwin Haitzmann and Peter Hoetzinger said in the company statement. “We have been looking at entering the Reno market for a long time, and we believe the Nugget is a perfect fit for our portfolio. The Nugget is about 3 miles from the Reno-Tahoe International Airport. Century also has an option to buy the other half of PropCo later. The deal is for all of the casino property and 50% of Smooth Bourbon LLC (PropCo), which owns the land and building. The sale price is $195 million, according to a release from Century Casinos. The Nevada casino market has a new player.Ĭentury Casinos, based in Colorado, is entering the Silver State’s casino game for the first time, announcing Wednesday that it had agreed to buy the Nugget Casino Resort in Sparks from Marnell Gaming.
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