The Hard Rock Lake Tahoe name was originally licensed from the Seminole Indian Tribe of Florida by Paragon Gaming. “This acquisition represents a significant opportunity for us to expand our footprint into the Northern Nevada marketplace.” Tilman Fertitta, CEO of Fertitta Entertainment, said: “We are thrilled to be welcoming the Lake Tahoe property to the Golden Nugget family. It is expected that the deal for Hard Rock Lake Tahoe will be closed within a year. However, the Nevada Gaming Control Board will need to sign off on the transaction before the rebranding can continue. The Wildwood Casino and Hotel in Cripple Creek, Colorado, was purchased for $43m in 2022.įertitta also owns the Houston Rockets and Chart House dining franchises. The Hard Rock Lake Tahoe casino will be acquired from Paragon Gaming for an undisclosed price by Fertitta.įertitta owns a total of five Golden Nugget casinos, with plans to also rebrand a recently acquired casino in Colorado into a Golden Nugget. The plans announced by Fertitta will see Hard Rock Lake Tahoe rebranded to a Golden Nugget casino.
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