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Commission Approves Silver Nugget Sale

LAS VEGAS-The Nevada Gaming Commission signs off on the sale of two casinos in North Las Vegas to local businessman Jeffrey Fine.

By Brian K. Miller | Updated on December 26, 2006

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

LAS VEGAS-The Nevada Gaming Commission late last week approved the $27.5-million sale of the Silver Nugget and Opera House casino properties in North Las Vegas. Southern Nevada real estate investor and businessman Jeffrey Fine is buying the properties from Gary Mahoney.

The Silver Nugget, Bowling Center and RV Park stood empty for a time in the late 1980s before it was brought back to life by Mahoney, according to the casino’s website. The property was built in 1964 by Major Riddle, who also was primarily responsible for the Dunes, Silver City and the Silverbird casinos, none of which are still in existence. No information was readily available regarding the Opera House property, which is located down the street from the Silver Nugget.

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