Laughlin River Lodge

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Laughlin River Lodge
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File:River Palms Casino.jpg
Location Laughlin, Nevada, U.S.
Address 2700 Casino Drive
Opening date 1984
Theme Rustic lodge
Number of rooms 1,000
Total gaming space 87,178 sq ft (8,099.1 m2)
Notable restaurants Denny's
Owner Nevada Restaurant Services
Previous names Sam's Town Gold River
Gold River
River Palms
Renovated in 1990, 1998, 1999, 2014
Website Official website

Laughlin River Lodge is a hotel and casino located in Laughlin, Nevada. It is owned and operated by Nevada Restaurant Services. The property includes a 87,178 sq ft (8,099.1 m2) casino and more than 1,000 hotel rooms in a 25-story tower.[1] The resort has approximately 1,100 slot machines, a poker room, and a bingo club.

History

The resort was created by Las Vegas real estate developer John Midby.[2] It opened in 1984 as Sam's Town Gold River, later shortened to Gold River. A 25-story, 778-room hotel tower was opened on May 22, 1990.[2] It was operated by Boyd Gaming until their contract was ended on March 31, 1991.[3]

Gold River filed for Chapter 11 bankruptcy protection in 1996.[2] Businessman Allen Paulson took ownership of the reorganized company a year later, having paid an estimated $28 million for the property's $90 million in debt.[4][5] It was quietly renamed as the River Palms in June 1998 and held a grand opening that October.[6] The hotel underwent a major renovation in 1999.

Paulson died in 2000 and Columbia Sussex bought the property from his estate in 2004. After Columbia's gaming businesses went into bankruptcy, Tropicana Entertainment emerged on March 8, 2010 with most of the company's casinos, including the River Palms.

On May 1, 2013, Tropicana agreed to sell the River Palms for $7 million to M1 Gaming, owner of Boomtown Reno,[7] but the sale never went through.[8] On July 2, 2014, Tropicana agreed to sell the River Palms for $6.75 million to the owners of Dotty's.[9]

References

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External links