The agreement for the Stateline-located gaming property is for an undisclosed price, with the transaction expected to close within the next seven to twelve months, subject to regulatory approvals and other customary closing conditions.įollowing completion, the company plans to transform the Hard Rock Lake Tahoe venue into a Golden Nugget Hotel and Casino through a planned property remodelling.
Fertitta Entertainment is to take further steps into the Nevada casino market through the purchase of Hard Rock Hotel & Casino – Lake Tahoe from Paragon Gaming.
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