Ron Winchell-owned company to buy two downtown Henderson casinos
Ron Winchell-owned company to buy two downtown Henderson casinos
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FILE: Emerald Island Casino in Henderson has been sold, along with Rainbow Club, to a Las Vegas-based company. (Ambar Rodriguez | News3LV)

LAS VEGAS (KSNV) — Two casinos in downtown Henderson will be sold to a Las Vegas-based gaming and hospitality company.

Boulder Highway Gaming, LLC and Water Street Gaming, LLC, announced the pending sales of Emerald Island Casino and Rainbow Club Casino to an affiliate of ECL Hospitality Management.

Terms of the agreement were not disclosed.

"This sale was a hard decision to make as we have invested so much time and energy into both properties over the years – most importantly our customers and employees have become our family," co-owner Tim Brooks said in a news release. "The opportunity to be involved with the new ownership group going forward is important to me."

Both Emerald Island and Rainbow Club are located in the Water Street District of Henderson. Emerald Island recently celebrated its 20-year anniversary.

ECL Hospitality Management is owned by Ron Winchell and Marc Falcone.

"We are excited to be maintaining and adding to the Guest Experience as we continue to expand and grow the properties and look forward to becoming part of the family in the Downtown Henderson Water Street District," they said in a statement.

The Nevada Gaming Control Board is expected to review the sale during its Dec. 6 meeting, and the sale is expected to be completed in January.