Search
 

State Board Recommends Sands Regent Sale

CARSON CITY, NV-The Nevada Gaming Control Board this week voted to recommend the $148-million acquisition of publicly held Sands Regent by privately held Herbst Gaming of Las Vegas.

By Brian K. Miller | Updated on December 07, 2006

(For more retail coverage, click GlobeSt.com/RETAIL.)

CARSON CITY, NV-The state’s Gaming Control Board this week voted to recommend the acquisition of the Sands Regent by privately held Herbst Gaming. The $148-million merger agreement was announced in May. A clerk with the board tells GlobeSt.com the recommendation will be reviewed by the Nevada Gaming Commission on Dec. 21.

Sands Regent is a publicly traded company that owns and operates a total of four gaming properties, all in Nevada. Those properties are the Sands Regency Casino and Hotel in Downtown Reno; Gold Ranch Casino and RV Resort in Verdi; Rail City Casino in Sparks; and the Depot Casino and the Red Hawk Sports Bar in Dayton.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.