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Tag Archives: Laughlin

US – Golden Entertainment completes Colorado Belle and Edgewater Casino purchases in Laughlin

Golden Entertainment has completed its previously announced acquisition of Colorado Belle Gaming and Edgewater Gaming, from Marnell Gaming in a cash and stock transaction. The acquisition of the Colorado Belle Casino Resort & Microbrewery and Edgewater Hotel and Casino adds two casino resorts adjacent to Golden’s Aquarius Casino Resort in Laughlin. Golden Entertainment now owns…

US – Golden Entertainment to buy two casinos from Marnell Gaming

Golden Entertainment is buying the Edgewater Hotel & Casino Resort and the Colorado Belle Hotel & Casino Resort in Laughlin, Nevada, from Marnell Gaming for between $168m and $190m. The purchase price will be based on an 8.0x multiple of the combined trailing 12 months adjusted EBITDA of both properties as of November 2018. Blake…

US – Marnell Gaming to install Bally Systems Suite

Marnell Gaming has selected Scientific Games’ Bally Systems Suite for its two casinos in Laughlin, Nevada, the Colorado Belle Hotel and Casino and the Edgewater Hotel and Casino. Marnell Gaming is replacing a competitor’s product with Scientific Games’ casino management systems suite to drive operational efficiencies and delight players. The systems installation at both casinos…

US – Tropicana sells River Palms Casino

Tropicana Entertainment has agreed a sale and lease back transaction with Laughlin Hotel and Nevada Restaurant Services, through its subsidiary companies Columbia Properties Laughlin and CP Laughlin Realty. The deal has seen CP Laughlin and CPL Realty sell all of the assets associated with the operation of the River Palms Casino in Laughlin, Nevada, for…