Jerry's Nugget Casino is a

casino A casino is a facility for certain types of gambling. Casinos are often built near or combined with hotels, resorts, restaurants, retail shopping, cruise ships, and other tourist attractions. Some casinos are also known for hosting live entertai ...

North Las Vegas North Las Vegas is a suburban city in Clark County, Nevada, United States, in the Las Vegas Valley. As of the 2010 census it had a population of 216,961, with an estimated population of 251,974 in 2019. The city was incorporated on May 1, 19 ...

Nevada Nevada ( ; ) is a U.S. state, state in the Western United States, Western region of the United States. It is bordered by Oregon to the northwest, Idaho to the northeast, California to the west, Arizona to the southeast, and Utah to the east. N ...

, privately owned and operated by the Stamis family,http://www.jerrysnugget.com "Jerry's Nugget website" with of gaming space.

History

Jerry's Nugget was founded in 1964 by Jerry Lodge and Jerry Stamis and was originally the site of the Town House Bar. In 1968, Lodge and Stamis bought the Bonanza Club, located across the street from Jerry's Nugget."North Las Vegas Nevada" o
Destination360
/ref> The acquisition meant moving the casino to its new location and of added space. In 1995, Jerry's Nugget received an $18 million renovation that expanded the casino size and increased the number of slot machines from 600 to 770. The bingo parlor was also increased, and a poker room was built as well. The 95-seat Royal Street Theatre was also built. By 1998, the poker room had closed. As of 2004, Jerry's Nugget expands over and features a race and sports book, keno lounge, table games area and slot floor. In 2008, the Nevada Gaming Control Board reinstated the gaming license for executive owner, Angelo Stamis. He was the first person approved by the board to have a gaming license restored. The bingo hall was refurbished in 2012. Lender

U.S. Bank U.S. Bancorp (stylized as us bancorp) is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware. It is the parent company of U.S. Bank National Association, and is the fifth largest banking institution i ...

filed a lawsuit in March 2012 asking for a receiver to be installed after Jerry's Nugget defaulted on payments on a $3.6 million loan. After months of talks failed to produce an agreement, the casino filed for Chapter 11 bankruptcy protection in August. In September 2013, the casino received a loan that allowed it to win approval for its Chapter 11 reorganization plan. Jerry's Nugget Casino emerged from Chapter 11 Bankruptcy protection in March 2014. Third generation operators, Jeremy and Joseph Stamis acquired the company and continue to operate it. The company celebrated its 50th anniversary in 2014.

Sources

{{Las Vegas casinos Casinos in the Las Vegas Valley 1964 establishments in Nevada

History

See also

Sources