TheLaughlin River Lodge(formerlySam's Town Gold River,Gold RiverandRiver Palms) is ahotelandcasinoon the banks of theColorado RiverinLaughlin,Nevada.It is owned and operated byRichard Craig Estey(Nevada Restaurant Services). The property includes a 41,000 sq ft (3,800 m2) casino and 1,000 hotel rooms in a 25-story tower.[1]The resort has 653slot machinesand abingoparlor.[2]
| Laughlin River Lodge | |
|---|---|
 | |
 The property as seen from theColorado Riverin 2018 | |
| Location | Laughlin,Nevada,U.S. |
| Address | 2700 South Casino Drive |
| Opening date | 1984 |
| Theme | Rustic lodge |
| No.of rooms | 1,000 |
| Total gaming space | 41,000 sq ft (3,800 m2) |
| Notable restaurants | None |
| Owner | Richard Craig Estey (Nevada Restaurant Services) |
| Previous names | Sam's Town Gold River (1984–1991) Gold River (1991–1998) River Palms (1998–2014) |
| Renovated in | 1990, 1998, 1999, 2014 |
| Website | laughlinriverlodge |
History
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The resort was created by Las Vegas real estate developer John Midby.[3]It opened in 1984 asSam's TownGold River, later shortened to Gold River. A 25-story, 778-room hotel tower was opened in May 1990,[3]and the gaming facilities were also expanded.[4]Boyd Gamingoperated the property until their contract was ended in March 1991.[5]
Gold River filed forChapter 11bankruptcy protection in 1996.[3]BusinessmanAllen Paulsontook ownership of the reorganized company a year later, having paid an estimated $28 million for the property's $90 million in debt.[6][7]It was quietly renamed as the River Palms in June 1998 and held a grand opening that October.[8]The hotel underwent a major renovation in 1999.
Paulson died in 2000 andColumbia Sussexbought the property from his estate in 2004. After Columbia's gaming businesses went into bankruptcy,Tropicana Entertainmentemerged in March 2010 with most of the company's casinos, including the River Palms.
In May 2013, Tropicana agreed to sell the River Palms for $7 million to M1 Gaming, owner ofBoomtown Reno,[9]but the sale never went through.[10]In September 2014, Tropicana sold the River Palms for $6.75 million toNevada Restaurant Services,and it was renamed as the Laughlin River Lodge.[11][12]
References
edit- ^Nonrestricted Square Footage Report(Report). Nevada Gaming Control Board. March 6, 2018.RetrievedSeptember 10,2018.
- ^Nonrestricted Count Report(Report). Nevada Gaming Control Board. June 30, 2018.RetrievedSeptember 10,2018.
- ^abcForm 10-K(Report). Gold River Hotel & Casino Corp. October 14, 1997.RetrievedMarch 21,2012.
- ^"Sam's Town strikes it rich with new tower".San Bernardino County Sun.June 22, 1990.RetrievedMarch 6,2021– via Newspapers.
- ^"Laughlin resort may lose permits due to lack of financing".Kingman Daily Miner.Associated Press. January 31, 1991.RetrievedMarch 21,2012.
- ^"Gold River names president and COO".Las Vegas Review-Journal.October 16, 1997. Archived fromthe originalon November 9, 2004.RetrievedMarch 21,2012.
- ^Berns, Dave (September 11, 1997)."Paulson goes for Gold River".Las Vegas Review-Journal.Archived fromthe originalon November 9, 2004.RetrievedMarch 21,2012.
- ^"Gold River now called River Palms".Kingman Daily Miner.July 1, 1998.RetrievedMarch 21,2012.
- ^O'Driscoll, Bill (May 1, 2013)."Boomtown owner to acquire Laughlin hotel-casino".Reno Gazette-Journal.RetrievedMay 1,2013.(subscription required)
- ^O'Driscoll, Bill (March 8, 2014)."$20M boom: Upgrades mark 50 years of gaming at Boomtown".Reno Gazette-Journal.RetrievedMarch 9,2014.(subscription required)
- ^"Agreement struck to sell River Palms".Laughlin Nevada Times.July 2, 2014.RetrievedJuly 6,2014.
- ^Julie Fairman (September 24, 2014)."It's official: River Palms is now the Laughlin River Lodge".Mohave Daily News.RetrievedSeptember 10,2018.
External links
edit- Official website
Media related toLaughlin River Lodgeat Wikimedia Commons
