Nevada Approves Sale of Laughlin Casinos
Nevada gambling regulators gave final approval Thursday to MGM Mirage Inc.’s sale of two Laughlin casinos to Marnell Sher Gaming LLC.
Related Casino News:
- Nevada regulators give first approval to sale of Laughlin casinos
- Final OK given for sale of casinos
- Facelift for Laughlin casinos may revitalize the market
- Harrah’s announces sale of Laughlin casino
- Las Vegas preps for protest day
- City Watch means safer casinos
- New casino rules sent back for review
- 25th Anniversary Laughlin River Run Set for April 25-29, 2007
- Icahn Company Sells 4 Nevada Casinos
- Holder hoping to sell 13 casinos in package
- Nevada gambling mecca enjoying a hip new reputation
- Vegas Casino Sale Pending
Gambling history facts:
- Nevada is the oldest and largest legalized gaming center in the United States. Gaming was legalized in Nevada in 1931 in the middle of the Great Depression as a form of economic stimulant.
- The brand new resort, Wynn Las Vegas recently opened on the Las Vegas Strip. At a cost of approximately $2.7 billion, the Wynn Las Vegas features 2,700 guestrooms and suites, casino (table games, over 1900 slots/video poker machines, poker room with race and sports book), several restaurants, a night club, golf, a shopping esplanade and a show called Le Reve.
- Legal gambling operations in Washington reported $1.7 billion in net receipts in 2005: 61 percent was reported by tribal casinos, 10 percent came from the state lottery. 2 percent of responders in a February state survey said they placed bets online.
- The current wave of legal lotteries started in New Hampshire, spread to other North-Eastern states, and then across the nation.
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