Michael Gaughan | |
|---|---|
| Born | Michael John Gaughan March 24, 1943 |
| Occupation | Businessman |
| Known for | South Point Hotel, Casino & Spa, Coast Casinos |
| Children | Brendan Gaughan |
| Parent | Jackie Gaughan (father) |
| Website | www |
Michael John Gaughan (March 24, 1943 in Omaha, Nebraska) is an American casino owner and operator in Las Vegas, Nevada, who is the owner of the South Point Hotel, Casino & Spa. He is the son of Jackie Gaughan and was the owner of a NASCAR race team, South Point Racing, for which his son, Brendan Gaughan, used to drive. The team was dissolved at the end of the 2007 season.
Gaughan won the 1966 Mint 400 race, and continued that interest with South Point Racing which he founded in 1999 and dissolved in 2007.[ citation needed ]
After many roles in casinos, including various ownership roles, Gaughan opened the Barbary Coast Hotel and Casino in March 1979 at a cost of $11.5 million. That casino, on 4.3 acres (1.7 ha) of land, became the foundation for Coast Casinos. [1] He was instrumental in bringing the Professional Rodeo Cowboys Association (PRCA)'s year-end championship event, the National Finals Rodeo (NFR), to Las Vegas in 1985. He serves on the NFR committee and is a longtime sponsor of the NFR and PRCA. He is also a board member of the National Cowboy & Western Heritage Museum. [2] In 2004, Gaughan sold Coast Casinos for $1.3 billion to Boyd Gaming. In July 2006, Boyd gaming announced that it was selling the South Coast to Gaughan for an estimated $576 million. The casino was built at a cost of $600 million. [ citation needed ]
Gaughan has been granted the rights to operate slot concession at Harry Reid International Airport under the name Michael Gaughan Airport Slots, [8] operating over 1,300 slot machines in all of the airport's terminals. [9]
Lane Clyde Frost was an American professional rodeo cowboy who specialized in bull riding, and competed in the Professional Rodeo Cowboys Association (PRCA). He was the 1987 PRCA World Champion bull rider. Frost was also the only rider ever to score a qualified ride on Red Rock, the 1987 PRCA Bucking Bull of the Year. During a ride in 1989 nicknamed "The Last Ride", Lane sustained fatal injuries when the bull Takin' Care of Business struck Frost with his right horn. He was pronounced dead at a local hospital.
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