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Golden paid $20.7 million a year to lease the casino, and received a $3.3 million monthly management fee, plus a portion of revenue. [9] Golden pulled out of the deal early when Morgans received its gaming license in January 2008, citing a desire to focus on its other operations. [9] [10]
In June 2017, Golden agreed to purchase American Casino & Entertainment Properties for $850 million, closing the acquisition in October 2017. The acquisition expanded the company’s portfolio with four casinos: the Stratosphere Las Vegas, Arizona Charlie's Boulder, Arizona Charlie's Decatur and the Aquarius Casino Resort.
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The Casino (2004), a Fox reality television series is based on the story of the Golden Nugget's acquisition by Poster Financial Group. [11] In 2010, the casino's pool and shark aquarium were featured throughout an episode of CSI: Crime Scene Investigation. [12] The casino was a recurring property in Billion Dollar Buyer on CNBC. [13]
The Colorado Belle was a casino hotel on the banks of the Colorado River in Laughlin, Nevada, owned and operated by Golden Entertainment.Initially closed on March 17, 2020 due to the COVID-19 pandemic, on May 18, 2020, Golden Entertainment announced that the Colorado Belle would remain closed "indefinitely," even after casinos were allowed to reopen. [1]
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Golden Nugget Hotels & Casinos is an American chain of luxury hotels and casinos. It currently operates six casino resorts in Nevada, Louisiana, New Jersey, Illinois, and Mississippi. The original location was the Golden Nugget Las Vegas which opened in 1946. [1]