Herbst Gaming owns eight casinos, each of which carries the company's "Terrible's" brand. Five of the casinos are in Nevada and the others are in Missouri and Iowa. When the Sands Regent acquisition and another from MGM Mirage are completed, Herbst's casino count will nearly double sometime during the first quarter of 2007.
In November, Herbst agreed to acquire for $400 million all three of MGM's casino-resorts in the Primm Valley, which is located 40 miles south of Las Vegas on the California border. The properties are named Buffalo Bill's, Primm Valley and Whiskey Pete's. Together, three properties total 2,644 guest rooms, 136,000 sf of casino space, three gas stations and a convenience store on 143 acres.
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