Formerly | Hacienda Resorts, Inc. Santa Fe Corporation Sahara Gaming Corporation Santa Fe Gaming Corporation |
---|---|
Company type | Public |
Expert Market : ARHN | |
Industry | Gaming |
Founded | 1983 |
Headquarters | Laughlin, Nevada, United States |
Key people | Paul W. Lowden (CEO) |
Archon Corporation is an entertainment company based in Laughlin, Nevada. The company has owned casinos and water parks. Members of board of directors include State Senator Sue Lowden who was chairwoman of the Nevada Republican Party and State Senator Bill Raggio. [1] Lowden is also executive vice president, secretary and treasurer for the company. [2]
The company began in 1983 as Hacienda Resorts, Inc., owner of the Hacienda Casino. [3]
The company was first renamed Santa Fe Corporation and later renamed again to the Sahara Gaming Corporation. [1] Sahara Gaming attempted to sell 40 acres (16 ha) of land to Players International in 1994. The deal fell through on February 7, 1995. [4]
Santa Fe Valley was announced in 1994, and construction was expected to begin in July 1996. The start of construction was delayed several times because of poor financial quarters for Santa Fe Gaming and because of the company not yet receiving financing for the project. Site preparation started in July 1998, with an opening date scheduled for December 1999, but construction never began. In 1999, the property was sold to Station Casinos, which sold the land a year later for use as a shopping center. [5]
In 1995, the Hacienda was sold to Circus Circus Enterprises and the Sahara Hotel and Casino was sold to William Bennett. Followed by a rename to Santa Fe Gaming Corporation. [6]
In 2000, the Santa Fe Casino was sold to Station Casinos. [1]
The company changed its name to Archon Corp. in May 2001. [7]
In March 2013, Boston-based private equity firm Esplanade Capital, Archon's second-largest shareholder, offered to buy the company for $101.5 million. Lowden dismissed the proposal as "not really a serious" offer. [8]
Chris Lowden, son of Paul and Sue Lowden, is currently being sued by investors for fraud and racketeering within the Stoney's Rockin' Country organization. [9] The Stoney's trademark is currently owned by Archon Corporation [10]
Mandalay Resort Group was an American hotel and casino operator based in Paradise, Nevada. Its major properties included Mandalay Bay, Luxor, Excalibur and Circus Circus, as well as half of the Monte Carlo. In terms of market capitalization, it was one of the largest casino operators in the world. Its stock traded on the New York Stock Exchange with the ticker symbol "CIR" and "MBG".
The Hacienda was a hotel and casino on the Las Vegas Strip in Paradise, Nevada, that operated from 1956 to 1996. It was opened by Warren Bayley, who owned other Hacienda properties in California as well. Bayley opened the hotel portion in June 1956, although the opening of the casino was delayed as the Nevada Gaming Control Board objected to his choice of casino manager, Jake Kozloff. The casino portion eventually opened on October 17, 1956. The $6 million property had 266 rooms and the largest pool on the Las Vegas Strip. Like its sister properties in California, the resort included a neon sign that depicted a cowboy riding a palomino horse.
Sahara Las Vegas is a hotel and casino located on the Las Vegas Strip in Winchester, Nevada. It is owned and operated by the Meruelo Group. The hotel has 1,616 rooms, and the casino contains 50,662 square feet (4,706.7 m2). The Sahara anchors the northern end of the Las Vegas Strip, at the corner of Sahara Avenue. It is the site of the northernmost station of the Las Vegas Monorail.
Station Casinos, LLC is an American hotel and casino company based in Las Vegas suburb of Summerlin South, Nevada, and founded by Frank Fertitta Jr. Station Casinos, along with Affinity Gaming, Boyd Gaming and Golden Entertainment, dominate the locals casino market in Las Vegas. The company purchased several sites that were gaming-entitled, meaning that major casinos can be built at that location without additional approvals. There are only a limited number of such sites available in the Las Vegas area. Station Casinos has also branched out into managing casinos that they do not own. Red Rock Resorts, Inc. is a publicly traded holding company that owns a portion of Station Casinos.
Bourbon Street Hotel and Casino was a small hotel and casino near the Las Vegas Strip in Paradise, Nevada. Opening in 1980 as the Shenandoah Hotel, the property was plagued with licensing and financial difficulties from the start. Ownership changed hands several times, with new proprietors often envisioning major renovations or redevelopment, but none of the plans came to fruition. Finally, in 2005, it was bought by Harrah's Entertainment, who closed and demolished it.
The Edgewater Hotel and Casino is a casino hotel on the banks of the Colorado River in Laughlin, Nevada, owned and operated by Golden Entertainment.
Golden Nugget Lake Tahoe Hotel & Casino is a casino hotel in Stateline, Nevada. It is one of four major casino hotels in Stateline. Horizon Lake Tahoe closed on April 1, 2014, to begin a $60 million renovation and rebranding as Hard Rock Lake Tahoe, which held its grand opening on January 28, 2015. It has 539 hotel rooms and 22,750 square feet (2,114 m2) of gaming space, with 431 slot machines, 33 table games and a William Hill race and sports book.
Golden Entertainment is an American gaming company based in Enterprise, Nevada that operates casinos, taverns and slot routes. It was formed in 2015 by the merger of Golden Gaming and Lakes Entertainment. It is the largest tavern operator and largest slot route operator in Nevada. In October 2017, the company completed an $850 million acquisition of American Casino & Entertainment Properties. The company now has eight casino resorts, all located in Southern Nevada.
Affinity Interactive, formerly known as Herbst Gaming and Affinity Gaming, is an American private casino and sports betting company based in Paradise, Nevada. It operates eight casinos in Nevada, Missouri, and Iowa, and publishes the Daily Racing Form.
Pioneer Hotel & Gambling Hall is a hotel and casino located on the banks of the Colorado River in Laughlin, Nevada. It is known for its neon cigarette-puffing "River Rick" marque. It was a sister property of the Pioneer Club in Las Vegas until both properties were sold to separate parties.
The Navegante Group is a gaming company based in Paradise, Nevada, specializing in areas of casino management, development, consulting and executive recruitment. It is often retained to manage distressed properties while new owners seek a gaming license.
Santa Fe Station is a hotel and casino located on North Rancho Drive in Las Vegas, Nevada. The casino is owned by Station Casinos and is located on 36 acres (15 ha) of land. The hotel-casino originally opened as the Santa Fe in 1991, and for several years included the only ice rink in Las Vegas. The Santa Fe was involved in a labor dispute with Culinary Workers Union that began in 1993 and lasted into 2000, when the resort was sold to Station Casinos. The resort was renamed as the Santa Fe Station, and subsequently underwent several expansions and renovations.
Suzanne "Sue" Pluskoski Lowden is the former Chairwoman of the Nevada Republican Party and a former Nevada state senator. Lowden is a former businesswoman, television news anchor and kindergarten teacher. Lowden was an unsuccessful candidate for the Republican nomination in the 2010 United States Senate election in Nevada and the 2014 Nevada Lt. Governor election.
Full House Resorts, Inc. is a casino developer and operator based in Summerlin South, Nevada. The company currently operates five casinos. It is known for the involvement of Gulfstream Aerospace founder Allen Paulson, who was CEO from 1994 to 2000, and former Chrysler chairman Lee Iacocca, who was a major investor in the company from 1995 to 2013. Dan Lee has served as CEO since late 2014.
Wet 'n Wild was a 27-acre (11 ha) water park located at 2601 South Las Vegas Boulevard on the Las Vegas Strip in Winchester, Nevada. The $14 million water park opened on May 18, 1985, as a joint venture between Howard Hughes Development Corporation and Wet 'n Wild. A number of ownership changes occurred beginning in 1998. It was eventually sold to Palace Entertainment in 2002. However, the land itself was leased throughout the water park's history.
Gaming and Leisure Properties, Inc. is a real estate investment trust (REIT) specializing in casino properties, based in Wyomissing, Pennsylvania. It was formed in November 2013 as a corporate spin-off from Penn National Gaming. The company owns 59 casino properties, all of which are leased to other companies.
William G. Bennett was an American gaming executive and real estate developer. Noted for pioneering Las Vegas as a destination for middle-class tourists and their families, he is best remembered for his establishment of gaming giant Circus Circus Enterprises in 1974. He served as chairman of Circus Circus between 1974 and 1994. Under his leadership Circus Circus developed numerous additional properties throughout Nevada, including the Excalibur and Luxor casinos in Las Vegas. Following his departure from Circus Circus, Bennett purchased the Sahara Hotel and Casino in Las Vegas in 1995 and operated it until his death in 2002.
Santa Fe Valley is a cancelled hotel-casino that was planned by Santa Fe Gaming for 40 acres (16 ha) of land in Henderson, Nevada, next to the Galleria at Sunset mall. The project was announced in 1994, and construction was expected to begin in July 1996. The start of construction was delayed several times because of poor financial quarters for Santa Fe Gaming and because of the company not yet receiving financing for the project. Site preparation started in July 1998, with an opening date scheduled for December 1999, but construction never began. In 1999, the property was sold to Station Casinos, which sold the land a year later for use as a shopping center.
Chris Lowden is an American professional stock car racing driver and owner of Las Vegas country music venue Stoney's Rockin' Country. He last competed full-time in the ARCA Menards Series West in 2022, driving the No. 11 Chevrolet SS for his team, Lowden Motorsports.