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Online Casino Conditions >>> Betting News >>> August News


Hoping for the Best at Golden Nugget Casino Las Vegas

Online Casino Conditions Staff
August 20, 2006

The Golden Nugget Casino in Las Vegas has been up and down in its lifetime, passing from owner to owner, yet never quite solidifying itself as one of top casino resorts in Las Vegas. However, that day may soon come for the Golden Nugget Casino if local real estate investor, Jeffrey Fine, is approved for the licenses he would need to run not only the Golden Nugget, but the Opera House Saloon and Casino as well.

Fine's applications to do so will be considered at the Nevada Gaming Control Board's November hearing. Since Fine has already been approved by state regulators, the chances he will be approved are very likely. After applying for his casino gaming license in March of this year, Fine incorporated Silver Nugget Holdings just two months later, which was the same time that G.C. Holdings paid over $4 million for a 7.5 acre plot of undeveloped property adjacent to Silver Nugget Casino.  G.C. Holdings is owned by the Las Vegas Sun publisher and primary owner of Green Valley Ranch Casino Resort, Brian Greenspun, who happens to be Fine's uncle.

The connections seem to be in place, as does the money.  Just what Fine has up his sleeve for the Golden Nugget remains to be seen, although there is speculation that Fine plans to completely renovate and expand the casino and resort premises to three times its current size. Speculation on plans - if any - that Fine has in store for the Opera House Saloon and Casino are unknown. Fine is in Israel at the current time and has declined to comment on his plans as of yet.

With all the hush-hush secrecy going on, some would believe that the Golden Nugget may turn out like Station Casinos Red Rock Resort, which Brian Greenspun also has a primary interest in. However, some gambling Aficionado's like Bill Thompson from the University of Las Vegas would say that Fine does not know what he has gotten himself into. The Golden Nugget Casino is located in a location that is anything but ideal for a locals casino like the Red Rock Resort.  The surrounding area is quite poor, which for locals who know the area, may be a strong deterrent. The prospects are exciting, none the less, and lover's of Las Vegas and casino gambling are hoping the Golden Nugget can rise like a Phoenix from the ashes.

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