Closing of the transaction expected to occur on November 30
Nevada Gold receives final approval for Club Fortune Casino
Nevada Gold & Casinos announced that the Nevada Gaming Commission has approved its application for a nonrestricted gaming license in conjunction with its acquisition of Club Fortune Casino in Henderson, Nevada.
2015-11-25
Reading time 28 seg
Nevada Gold & Casinos announced that the Nevada Gaming Commission has approved its application for a nonrestricted gaming license in conjunction with its acquisition of Club Fortune Casino in Henderson, Nevada.
Aquiring Club Fortune Casino will expand the geographic diversity of the company, which upon closing will operate in Washington State, South Dakota and Nevada. The closing of the transaction, which is still subject to customary contingencies, is scheduled to occur November 30, 2015.
The deal includes a 35,000 sqft. building and 8 acres of land. The casino is approximately 25,000 sqft. and includes over 500 slot machines, 7 table games and a poker room. The facility also has a restaurant, two bars, an entertainment lounge, snack bar and gift shop.
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