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US – Golden Nugget to invest $600m in Louisiana and South Texas

By - 31 July 2013

Golden Nugget Casinos has confirmed it will expand the Golden Nugget brand into the Louisiana and South Texas market with the acquisition of the Casino Resort and Hotel currently under construction and next door to the highly successful L’Auberge Lake Charles Casino Resort located in Lake Charles, Louisiana. 

The Golden Nugget Hotel and Casino, which is currently under construction, and the last gaming license issued by the state of Louisiana, will be one of the most luxurious gaming resorts outside of the Las Vegas strip.  The property, only two hours from Houston, Texas, will contain nearly 800 luxury hotel rooms and suites, an eighteen hole championship golf course, a world-class spa, retail shopping, a number of Landry’s signature restaurants, including Vic & Anthony’s Steakhouse and Grotto Italian Ristorante, an 18,000 square foot ballroom, an entertainment showroom, meeting spaces, a one of a kind pool and beach front and marina and will include over 3,000 parking spaces.  The Golden Nugget Casino and Resort which is expected to open in 2014, will also include a state of the art world-class casino with over 60 table games, a poker room, and 1600 of the newest slot machines in the world.

Tilman Fertitta, owner of Golden Nugget, said: “I could not pass up the opportunity to build and operate a casino next door to my hometown.  This casino will be where Louisiana locals and Texans will want to play, stay and enjoy themselves.  We are investing nearly US$600m in the project and plan to draw from our large South Texas and Louisiana customer base to drive business to our new resort.”

Fertitta already owns and operates over 100 restaurants in the South Texas market, under such names as Saltgrass Steakhouse, Morton’s Steakhouse, McCormick & Schmick’s Seafood Restaurants, Landry’s Seafood House, Rainforest Cafe and Bubba Gump Shrimp Co., plus such entertainment complexes as the Kemah Boardwalk, the Galveston Historic Pleasure Pier, the San Luis Resort Complex and the Downtown Aquarium.

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