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Nevada Gaming Commission considers Prospector takeover by Marnell-linked trust

Licences & markets

The Nevada Gaming Commission was due to consider gaming and related approvals for the AM3 2012 Trust’s proposed takeover of the Prospector Hotel & Gambling Hall in Ely on 26 September 2024. The trust entered a purchase transaction through Terzetto LLC in late 2023, including 12 acres; the price was not disclosed. The Nevada Gaming Control Board recommended the request, and existing employees are to be retained if the deal proceeds.

The decision could change ownership of a Nevada casino and determine whether its existing workforce is retained.

Earlier licence decisions by Nevada Gaming Commission

DateCompanyAmountStoryAppeal status
Bally’sNot statedNevada gaming board recommends approval of Bally’s executive licenceNot stated
Red Rock Resorts, Golden EntertainmentNot statedNevada regulators back Red Rock tavern gaming applicationsNot stated

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