#Marnell Gaming

The Nevada Independent

Indy Gaming: Macau casinos bounce back after three years of depressed gaming revenue

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz With three months in the books, Macau's…
Industry
Indy Gaming: Macau casinos bounce back after three years of depressed gaming revenue
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Gambling Insider

Nugget Casino Resort has licensing approved

And the Board unanimously approved Century Casinos for its licence as the new owner of Nugget Casino Resort. Century Casinos announced in February 2022 it intended to acquire Nugget Casino Resort, near Reno, for a total of $195m. The casino was purchased from Marnell Gaming, a Las-Vegas based company with several resorts based in…
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Nugget Casino Resort has licensing approved
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Review Journal

Nevada regulators approve licensing for new Sparks Nugget owners

The Nevada Gaming Commission on Thursday unanimously approved the licensing of Century Casinos Inc. for its recently acquired Nugget Casino Resort in Sparks. Commissioners also approved the suitability of seven Century executives and board directors in the 75-minute hearing. Just over a year ago, the Colorado Springs, Colorado-based company…
Law
Review Journal

Gaming Commission approves licensing for new Sparks Nugget owners

The Nevada Gaming Commission on Thursday unanimously approved the licensing of Century Casinos Inc. for its recently acquired Nugget Casino Resort in Sparks. Commissioners also approved the suitability of seven Century executives and board directors in the 75-minute hearing. Just over a year ago, the Colorado Springs, Colorado-based company…
Law
Gaming Commission approves licensing for new Sparks Nugget owners
The Nevada Independent

Gaming regulators sign off on Century's purchase of the Sparks Nugget

The Nevada Gaming Commission approved Century Casino's $195 million purchase of the Nugget Casino Resort in Sparks on Thursday, giving the Colorado-based company its first location in Nevada. Century executives said this month the transaction with Las Vegas-based Marnell Gaming is expected to close during the first week of April. The Nugget, one of…
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Gaming regulators sign off on Century's purchase of the Sparks Nugget
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The Nevada Independent

Indy Gaming: Expanded multi-state online gaming may not benefit Nevada

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz The inclusion of Michigan into the…
Industry
Indy Gaming: Expanded multi-state online gaming may not benefit Nevada
The Nevada Independent

Indy Gaming: Caesars pulls the plug on its three-year plan to sell a Strip casino

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz Caesars Entertainment CEO Tom Reeg wanted…
Sports
Indy Gaming: Caesars pulls the plug on its three-year plan to sell a Strip casino
Yogonet

Century eyeing potential flagship resort in Sparks' Nugget Casino acquisition; open to other Nevada opportunities

As it eyes the completion of its pending $195 million acquisition of the Nugget Casino Resort in Sparks, operator Century Casinos prepares to embrace a new phase of its development as a company. The property is set to provide the business with an opportunity to prove its expertise in the long-sought destination market of Nevada, and executives have…
Industry
Century eyeing potential flagship resort in Sparks' Nugget Casino acquisition; open to other Nevada opportunities
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Yogonet

Century Casinos completes 50% ownership deal for Nugget Casino Resort's property firm

Century Casinos announced Friday it has completed its previously announced acquisition of 50% of the membership interests in Smooth Bourbon from Marnell Gaming for $95 million, as part of its agreement to acquire Nugget Casino Resort in Sparks, near Reno in Nevada. This will become its tenth casino in North America. Smooth Bourbon owns the land and…
Travel
Century Casinos completes 50% ownership deal for Nugget Casino Resort's property firm
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Century Casinos to Acquire Nugget Casino Resort in Nevada, For Up To USD$300M

Casino entertainment company Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) is to acquire the operations of Nugget Sparks, LLC, dba Nugget Casino Resort, in Nevada and a 50% stake in Smooth Bourbon, LLC, the business that owns its property. The Nugget Casino Resort, located in Sparks, Nevada, includes a large gaming floor, two hotel towers,…
Travel
Century Casinos to Acquire Nugget Casino Resort in Nevada, For Up To USD$300M
Golden Casino News

Las Vegas: Century Casinos Completes $195M Takeover of Nugget Casino

Century Casinos will enter the Reno, Nevada gaming sector through the acquisition of Nugget Casino Resort. Century Casinos announced on Wednesday that it has entered into a formal deal with Marnell Gaming to buy 100 percent of Nugget Sparks LLC, the entity that operates the Nugget Casino Resort. Additionally, the corporation agreed to acquire a 50%…
Industry
Las Vegas: Century Casinos Completes $195M Takeover of Nugget Casino
The Nevada Independent

Indy Gaming: Three years later, no action in D.C. to raise jackpot tax threshold

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz Congressional representatives and the…
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Indy Gaming: Three years later, no action in D.C. to raise jackpot tax threshold
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Northern Nevada Business Weekly

Colorado casino company buying Nugget in Sparks for $195 million

Colorado-based Century Casinos said Wednesday it is buying the Nugget Casino Resort in Sparks for $195 million, marking the company's first venture into Nevada. Century, which is headquartered in Colorado Springs, will pay $100 million for the operations of the Nugget and $95 million for 50 percent ownership of the real estate. Century has a…
Travel
Colorado casino company buying Nugget in Sparks for $195 million
Reno Gazette Journal

What is Century Casinos? What we know about Nugget hotel-casino buyer

With the Nugget Casino Resort poised to change hands yet again, many are likely wondering about its new out-of-state buyer, Century Casinos. Prior to Wednesday, not many in Reno-Sparks were familiar with the Colorado-based company. That changed during the early morning hours of Feb. 23, when Century Casinos announced an agreement to acquire the…
Covid
What is Century Casinos? What we know about Nugget hotel-casino buyer
The Nevada Independent

Indy Gaming: Fitch Ratings revises its outlook toward Las Vegas casino recovery, sees rebound by 2023

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. Please to sign up and receive Indy Gaming in your inbox. Fitch Ratings gaming analyst Colin Mansfield waited in line patiently to sample a specialty item offered by Boon Tong Kee, one of the…
Land-based
Indy Gaming: Fitch Ratings revises its outlook toward Las Vegas casino recovery, sees rebound by 2023
Telegraph Herald

Northern Nevada gambling icon John Ascuaga dies at age 96

SPARKS, Nev. - John Ascuaga, the son of Basque sheepherders who became a northern Nevada gambling icon after he bought a small coffee shop with a few slot machines in Sparks in 1960 and turned it into a major hotel-casino he operated for more than a half century, has died. He was 96. Ascuaga was known for roaming the casino floor and greeting…
Travel
Northern Nevada gambling icon John Ascuaga dies at age 96
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Los Angeles Times

John Ascuaga, Nevada casino icon, dies at 96

John Ascuaga, the son of Basque sheepherders who became a northern Nevada gambling icon after he bought a small coffee shop with a few slot machines in 1960 and turned it into a major hotel-casino he operated for more than a half century, has died at age 96. Ascuaga was known for roaming the floor and greeting patrons personally at the casino he…
Land-based
John Ascuaga, Nevada casino icon, dies at 96
Review Journal

John Ascuaga, a Northern Nevada gambling icon, dies at age 96

SPARKS - John Ascuaga, the son of Basque sheepherders who became a northern Nevada gambling icon after he bought a small coffee shop with a few slot machines in Sparks in 1960 and turned it into a major hotel-casino he operated for more than a half century, has died. He was 96. Ascuaga was known for roaming the casino floor and greeting patrons…
Travel
John Ascuaga, a Northern Nevada gambling icon, dies at age 96
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