Latest Casino News


Silver Club casino sells for $2.5 million at auction

Reno Gazette-Journal,  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. the source
...tabbed details about Silver Club Hotel Casino detail page for Silver Club Hotel Casino

Silver Club opens briefly to keep license

Reno Gazette-Journal,  Wednesday, December 23, 2009 at 2:56:08 PM

The shuttered Silver Club in Sparks opened its doors for eight hours Tuesday to keep its gaming license active ahead of today's foreclosure auction.

The casino closed Jan. 10 but operated one slot machine and a blackjack table from 6 a.m. to 2 p.m. State law requires eight hours of operation each quarter to maintain a license.

A company spokesman said at least one customer played. the source
...tabbed details about Silver Club Hotel Casino detail page for Silver Club Hotel Casino

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