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In October 2000, the hotel's name was changed to the Flamingo Laughlin. On November 29, 2005, Harrah's Entertainment announced plans to sell the resort to American Casino & Entertainment Properties (ACEP). The $170-million sale closed on May 19, 2006. ACEP was allowed to continue using the Flamingo name for up to six months after the sale.
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In 2008, ACEP completed $54.0 million in renovations at the Aquarius Casino Resort. [10] By the 4th quarter of 2008, the company's revenue began plummeting precipitously. The cost of the acquisition was so considerable that the company was operating at a net loss. In March 2009, the company announced that it would begin layoffs. [11]
The Colorado Belle was a casino hotel on the banks of the Colorado River in Laughlin, Nevada, owned and operated by Golden Entertainment.Initially closed on March 17, 2020 due to the COVID-19 pandemic, on May 18, 2020, Golden Entertainment announced that the Colorado Belle would remain closed "indefinitely," even after casinos were allowed to reopen. [1]
In February 2007, Golden began a two-year deal to operate the casino at the Hard Rock Hotel while its new owner, Morgans Hotel Group, applied for a gaming license. [9] Golden paid $20.7 million a year to lease the casino, and received a $3.3 million monthly management fee, plus a portion of revenue. [ 9 ]
The hotel has 1,053 rooms divided between two towers: a large 26-story tower, Sedona, and a smaller 6-story tower, Santa Fe. The property has a casino with 57,457 sq ft (5,337.9 m 2) of gaming space. There is also a pool and spa, as well as several restaurants.
The Golden Nugget Laughlin (formerly the Nevada Club) is a hotel and casino located on the banks of the Colorado River in Laughlin, Nevada. It is owned and operated by Landry's, Inc . [ 2 ] It offers a number of restaurants, 300 guest rooms and suites, a casino floor, and meeting spaces.