Latest Casino News
Nevada Gambling News Brief
Silver Club casino sells for $2.5 million at auction
Wednesday, December 23, 2009 at 6:40:52 PM
The historic Silver Club Casino in Sparks was sold for $2.5 million Wednesday at a foreclosure auction on the steps of the Washoe County Courthouse in Reno.
There was no competitive bidding and the only company to offer a bid was Northern Nevada Asset Holdings LLC of Colorado Springs, Colo., which was the mortgage note holder on the Silver Club.
Holder Hospitality Group had owned the Silver Club and filed for Chapter 11 bankruptcy protection in June and Northern Nevada Asset Holdings acquired the $33 million note on the Silver Club and other casino properties.
...read the source
Note: The links to older news stories hosted on other servers often no longer function. We apologize for any inconvenience.
...tabbed details about Silver Club Hotel Casino
...top detail page for Silver Club Hotel Casino
Our USCF Casino News is also available as a free-subscription News Feed.