List Of Defunct Gambling Companies
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List Of Defunct Gambling Companies
This is a list of defunct gambling companies. Defunct gambling companies * Argent Corporation – company in Las Vegas, Nevada that at one time controlled the Hacienda Hotel/Casino, the Stardust Resort & Casino, the Fremont Hotel and Casino and the Marina Hotel and Casino * Aztar * Boomtown, Inc. * Caesars World – grew to eight casinos and resorts over the years, until going through a series of ownership changes beginning in 1995, and was ultimately absorbed by Park Place Entertainment in 1999 * Casino Magic Corp. * Chartwell Leisure * Fairground Gaming * Fitzgeralds Gaming * Gold Strike Resorts * Grand Casinos * Hollywood Casino Corp. * Lady Luck Gaming * Lakes Entertainment * Leisure and Gaming * Mandalay Resort Group – in terms of market capitalization, was one of the largest casino operators in the world. Mandalay Resort Group was a hotel-casino operator based in Paradise, Nevada. Its major properties included Mandalay Bay, Luxor, Excalibur and Circus ...
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Argent Corporation
Argent Corporation was a company in Las Vegas that at one time controlled the Hacienda Hotel/Casino, the Stardust Resort & Casino, the Fremont Hotel and Casino and the casino in the Marina Hotel. The company was owned by Allen R. Glick, a San Diego real estate investor. The name Argent came from the three initials of his name, combined with the first three letters of the word "Enterprises". Over a few years, federal, state and local gaming officials in Nevada confirmed that these casinos were controlled by organized crime families in the Midwest and that a huge skimming operation was conducted within the casinos. Argent purchased the Hacienda in 1974 and obtained a Nevada gaming license. Argent then purchased the Recrion Corporation, which owned the Stardust and Fremont. The purchase was financed by a loan from the Teamsters Central States Pension Fund. After Argent purchased the Stardust, Frank Rosenthal was installed as a manager, although he did not have a Nevada gaming lice ...
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Lakes Entertainment
Lakes Entertainment, Inc. was an American Gambling, gaming company based in Minnetonka, Minnesota, Minnetonka, Minnesota. It merged with Golden Gaming in 2015 to form Golden Entertainment. History The company was created on December 31, 1998 as part of the merger between Grand Casinos and Hilton Worldwide, Hilton's gaming businesses to form Park Place Entertainment. Park Place acquired Grand's three riverboat casinos in Mississippi, while Grand's other businesses were spun off to Grand's shareholders as Lakes Gaming. Lakes's business at the time of its formation included the management of two Indian casinos in Louisiana (Paragon Casino Resort, Grand Casino Avoyelles and Coushatta Casino Resort, Grand Casino Coushatta) and ownership of of land on the Las Vegas Strip. In 1999, Lakes struck a deal to buy the Rainforest Cafe chain for $108 million, but the agreement fell through after Landry's made a higher offer. Lakes's management agreement at the Grand Casino Avoyelles was bought ...
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Peninsula Gaming
Peninsula Pacific Entertainment (P2E) is a casino gaming company based in Los Angeles. It began operations in 1999, doing business through a subsidiary, Peninsula Gaming. Its holdings grew to five properties, until 2012, when Peninsula Gaming was sold to Boyd Gaming for $1.45 billion. Afterward, P2E continued to acquire and develop gaming properties. In 2022, it sold the bulk of its assets to Churchill Downs, Inc. for $2.8 billion. History Peninsula Gaming (1999–2012) In January 1999, Los Angeles-based AB Capital agreed to purchase the Diamond Jo Casino in Dubuque, Iowa for $77 million. The company's major shareholders were Los Angeles investment banker Brent Stevens and Las Vegas gaming developer Michael Luzich. The purchase was completed in July 1999, by which time the company had changed its name to Peninsula Gaming. In February 2002, Peninsula bought a fifty percent interest in the Evangeline Downs racetrack in Lafayette Parish, Louisiana from B. I. Moody for $15 million. ...
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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 entertainment, such as stand-up comedy, concerts, and sports. and usage ''Casino'' is of Italian origin; the root means a house. The term ''casino'' may mean a small country villa, summerhouse, or social club. During the 19th century, ''casino'' came to include other public buildings where pleasurable activities took place; such edifices were usually built on the grounds of a larger Italian villa or palazzo, and were used to host civic town functions, including dancing, gambling, music listening, and sports. Examples in Italy include Villa Farnese and Villa Giulia, and in the US the Newport Casino in Newport, Rhode Island. In modern-day Italian, a is a brothel (also called , literally "closed house"), a mess (confusing situation), or a noisy ...
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Las Vegas Valley
The Las Vegas Valley is a major metropolitan area in the Southern Nevada, southern part of the U.S. state of Nevada, and the second largest in the Southwestern United States. The state's largest urban agglomeration, the Las Vegas Metropolitan Statistical Area is coextensive since 2003 with Clark County, Nevada, Clark County, Nevada. The Valley is largely defined by the Las Vegas Valley landform, a Depression (geology), basin area surrounded by mountains to the north, south, east and west of the metropolitan area. The Valley is home to the three largest incorporated cities in Nevada: Las Vegas, Henderson, Nevada, Henderson and North Las Vegas, Nevada, North Las Vegas. Eleven unincorporated towns governed by the Clark County government are part of the Las Vegas Township and constitute the largest community in the state of Nevada. The names Las Vegas and Vegas are interchangeably used to indicate the Valley, Las Vegas Strip, the Strip, and the city, and as a brand by the Las Vegas Co ...
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MTR Gaming Group
MTR Gaming Group was a gaming company based in Chester, West Virginia that operated horse racing tracks and racinos. It was formed on March 7, 1988, in Wilmington, Delaware. On September 19, 2014, it merged with Eldorado Holdco LLC, forming Eldorado Resorts in Reno, Nevada. Properties The properties owned and operated by MTR Gaming at the time of its acquisition were: * Mountaineer Casino, Racetrack and Resort – Chester, West Virginia * Presque Isle Downs and Casino – Summit Township, Erie County, Pennsylvania * Scioto Downs Racino – Columbus, Ohio Former Properties previously owned by the company include: * Binion's Gambling Hall and Hotel – Las Vegas, Nevada – Acquired from Harrah's Entertainment in 2005, sold to TLC Entertprises in 2008 * Jackson Harness Raceway – Jackson, Michigan – Closed in 2008 * The Ramada Inn and Speedway Casino – North Las Vegas, Nevada Nevada ( ; ) is a U.S. state, state in the Western United States, Western region of the Unit ...
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Mirage Resorts
Mirage Resorts (formerly Golden Nugget Companies) was an American company that owned and operated hotel-casinos. It was acquired by MGM Grand, Inc. in 2000, forming MGM Mirage (now MGM Resorts International). History Golden Nugget Companies Inc. was formed by Steve Wynn in 1973. The company was created after Wynn acquired majority control of the Golden Nugget in Las Vegas, Nevada. In 1980, the company opened the Golden Nugget Atlantic City in New Jersey but in 1987, Wynn's and the company's interest in Atlantic City did not last very long due to frustration with state gaming regulators. The property was sold to Bally's Entertainment, and eventually became Bally's Grand Hotel and Casino. In 1989, the company acquired the Nevada Club casino in Laughlin, Nevada, and re-branded it as the Golden Nugget Laughlin. The Mirage and Treasure Island (1990s) Wynn's first major casino on the Las Vegas Strip was The Mirage, which opened in November 1989. It was the first time Wynn was inv ...
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Monte Carlo Resort And Casino
The Park MGM, formerly Monte Carlo Resort and Casino, is a megaresort hotel and casino on the Las Vegas Strip in Paradise, Nevada, United States. The hotel, with a height of , has 32 floors, including a casino floor with 1,400 slot machines, 60 table games, and 15 poker tables. It is owned by Vici Properties and operated by MGM Resorts International. The hotel offers 2,992 guest rooms, including 259 luxury suites. The Monte Carlo was converted into Park MGM between late 2016 and 2018, with the upper floors being converted into a boutique hotel, NoMad Las Vegas. The hotel, formerly named to invoke the Place du Casino in Monte Carlo, featured chandelier domes, marble floors, neoclassical arches, ornate fountains, and gas-lit promenades. Facilities and attractions The original Monte Carlo included of retail stores, plus convention facilities, a spa, fitness center, a hair salon, a exercise room, a pool area, which includes a wave pool & lazy river, and the Street of Dream ...
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Circus Circus Las Vegas
Circus Circus Las Vegas is a hotel and casino located on the northern Las Vegas Strip in Winchester, Nevada. It is owned and operated by Phil Ruffin. Circus Circus includes the largest permanent circus in the world. It features circus and trapeze acts, as well as carnival games, at its Carnival Midway. The resort also includes the Adventuredome, an indoor amusement park. Circus Circus was originally owned by Jay Sarno and Stanley Mallin. It opened without a hotel on October 18, 1968. It included a casino on its first floor, while a second floor contained carnival games for children. Circus Circus was the first family-oriented casino in Las Vegas. It struggled financially during its early years, in part because of its lack of a hotel. A 15-story tower, with 409 rooms, was added in 1972. Sarno and Mallin were subsequently investigated for tax code violations and alleged connections with organized crime. In 1974, the casino was leased to Bill Bennett and William Pennington, taking ov ...
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Excalibur Hotel And Casino
Excalibur Hotel and Casino is a casino hotel on the Las Vegas Strip in Paradise, Nevada, in the United States. It is owned by Vici Properties and operated by MGM Resorts International. Excalibur, named for the mythical sword of King Arthur, uses the medieval theme in several ways. Its facade is a stylized image of a castle (see also: List of castles in the United States). Until 2007, a wizard-like figure representing Merlin looked out from a high turret (since replaced by a figure advertising Dick's Last Resort). Excalibur is situated at the Tropicana – Las Vegas Boulevard intersection. The hotel is linked by overhead pedestrian bridges to neighboring casinos to the north (New York-New York, across Tropicana Avenue) and to the east (Tropicana, across the Strip). A free tram connects Excalibur to its sister MGM Resorts International properties to the south, Luxor and Mandalay Bay. History The land on which the Excalibur sits was originally the proposed site of the Xanadu Resort ...
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Luxor Las Vegas
Luxor Las Vegas is a 30-story casino hotel situated on the southern end of the Las Vegas Strip in Paradise, Nevada. The hotel is owned by Vici Properties and operated by MGM Resorts International and has a casino with over 2,000 slot machines and 87 table games. The casino opened in 1993 and was renovated and expanded several times. Later renovation work modernized the design of the property and raised the hotel's capacity to 4,407 rooms, including 442 suites. The hotel's rooms line the interior walls of the main tower, which has a pyramid shape, and the 22-story twin ziggurat towers. The hotel is named for the city of Luxor (ancient Thebes) in Egypt. History Construction and opening The resort was announced by Circus Circus Enterprises on November 14, 1991. Known temporarily as "Project X", the pyramid-shaped resort would cost $290 million, and would be built on the Las Vegas Strip, on land located south of the company's Excalibur Hotel and Casino. Groundbreaking took place ...
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Mandalay Bay
Mandalay Bay is a 43-story luxury resort and casino at the south end of the Las Vegas Strip in Paradise, Nevada. It is owned by Vici Properties and The Blackstone Group and operated by MGM Resorts International. It was developed by Circus Circus Enterprises and completed at a cost of $950 million. It opened on March 2, 1999, on the former site of the Hacienda hotel-casino. MGM acquired Mandalay Bay in 2005, and Blackstone became a co-owner in 2020. Vici acquired MGM's ownership stake in 2022. Mandalay Bay has a tropical South Seas theme and covers . It includes a casino and 3,209 rooms. The 43-story tower includes a Four Seasons hotel, which has rooms on floors 35 through 39. It is managed separately from the Mandalay Bay hotel. In 1999, the Four Seasons became the first Las Vegas hotel to win the AAA Five Diamond Award. Several additions opened in 2003, including the Mandalay Bay Convention Center, and a second hotel tower, THEhotel at Mandalay Bay. It has 1,117 rooms, and was ...
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