Golden Nugget (resort)
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The Golden Nugget Las Vegas is located in Las Vegas, Nevada on the Fremont Street Experience. The property is owned and operated by Poster Financial Group, Inc..
It is the largest casino in the downtown area, with more than 1,900 hotel rooms.
Steve Wynn bought a stake in it, which he increased so that, in 1973, he became the majority shareholder, and the youngest casino owner in Las Vegas. It was the foundation for Wynn's rise to prominence in the casino industry.
History
The Golden Nugget was originally built in 1946, making it one of the oldest casinos in the city.
Was owned by the Golden Nugget Companies.
Became a Mirage Resorts property in 1989 when the Golden Nughet companies became Mirage Resorts.
Sold to Poster Financial Group in 2004.
When Poster Financial assumed control of the Golden Nugget, they began to upgrade the gambling operation, for example by installing new cashless slot machines and by increasing the maximum bet available at table games to $15,000. Their story became the basis for The Casino, a television series on Fox, scheduled to premiere on June 14, 2004.
On February 4, 2005, Houston, Texas based Landry's Restaurants, Inc. announced its intent to purchase the Golden Nugget.
Additional properties
External links
- Golden Nugget website (http://www.goldennugget.com/)
- Virtual Tour of Golden Nugget hotel (http://www.destination360.com/north-america/us/nevada/las-vegas/golden-nugget-hotel.php)