The proprietor of the Railroad Pass hotel-casino betwixt Henderson and Boulder City who precocious sold disconnected The Pass casino successful Henderson’s Historic Water Street District volition instrumentality implicit the locals Longhorn and Bighorn properties adjacent month.
Joseph DeSimone Jr., owner, serviceman and manager of Henderson-based DeSimone Gaming Inc., won a proposal of support for the acquisition of the Longhorn connected Boulder Highway successful Henderson and the Bighorn connected Lake Mead Boulevard successful North Las Vegas from the Nevada Gaming Control Board Wednesday.
Terms of the deals were not disclosed. Final support of some transactions is scheduled June 25 earlier the Nevada Gaming Commission. DeSimone hopes to statesman moving the 2 properties July 1.
DeSimone plans to support the properties’ manager, Randy Miller, and helium doesn’t expect immoderate operational changes erstwhile the woody closes.
DeSimone said Bighorn has astir 68 employees, six of them portion time, portion the Longhorn has 92 employees, 56 of them portion time.
“The Longhorn Casino has a 150-room edifice adjacent to it, which is presently unbranded and arguably a small tired,” DeSimone told Control Board members.
“One of our contiguous objectives is to amended the hotel, wrong and out, let it to beryllium profitable, and lend to the concern astatine the Longhorn Casino,” helium said. “We’re presently negotiating with 2 edifice groups with which I already person relationships, IHG and Wyndham, and we’re acceptable to marque a determination with respect to the approval.”
The Bighorn, helium said, would payment by having much slot machines successful the casino, but that would necessitate an enlargement of the gathering “which we person not studied yet.
“We’re capable per our equity agreements to rise the superior to bash so,” helium said. “We conscionable person not made that determination yet.”
Earlier successful the week, DeSimone announced the merchantability of The Pass, formerly known arsenic the Eldorado, successful Henderson’s Historic Water Street District to ECL Water Street, the relation of the adjacent Emerald Island and Rainbow Club casinos.
“From the time we acquired The Pass, our extremity was to grant Henderson’s past portion delivering an exceptional acquisition for our guests,” DeSimone said successful a merchandise announcing the woody with ECL Water Street. “ECL Gaming has demonstrated a beardown committedness to our community, and I americium assured they volition proceed to put successful the occurrence of The Pass for years to come.”
After the merchantability of The Pass is completed, DeSimone Cos. volition proceed to ain and run the adjacent Atwell Suites connected Water Street.
“I judge they’re (ECL Water Street) poised amended to bring much profitability and frankincense amended experiences for some the squad members and the customers than was I, being that they bash person a captious wide of customers successful that submarket,” DeSimone told regulators.
Contact Richard N. Velotta astatine rvelotta@reviewjournal.com oregon 702-477-3893. Follow @RickVelotta connected X.
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