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Ralph Louis Engelstad [1] (January 28, 1930 – November 26, 2002) was an American businessman who owned the Imperial Palace casino-hotels in Las Vegas and in Biloxi, Mississippi. He also owned the Kona Kai motel in Las Vegas, which later became the Klondike Hotel and Casino .
The Engelstad Foundation, a nonprofit 501(c)(3) organization, was established in June 2002 to continue the philanthropic efforts of Ralph Engelstad. [4] It was originally developed with the purpose of promoting medical research, improving the lives of people living with disabilities and creating new possibilities for high-risk individuals.
When Engelstad died in 2002, ownership of both properties transferred to trustees of his estate, including wife Betty Engelstad. [1] [2] The Las Vegas property was sold to Harrah's Entertainment in 2005. Boyd Gaming bought the IP in October 2011 for $278 million in cash, plus a $10 million donation to the Engelstad Family Foundation. [3]
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Klondike Hotel and Casino (also known as Klondike Inn) was a hotel and casino located on the Las Vegas Strip in Paradise, Nevada, in the United States.The property began as the Kona Kai Motel in 1962, and was purchased by Ralph Engelstad in 1969.
Engelstad is a Norwegian surname. Notable people with the surname include: Notable people with the surname include: Carl Fredrik Engelstad (1915–1996), Norwegian writer, playwright, and journalist
3. What’s Ralph Macchio’s Cobra Kai Salary?. The actor reportedly earned $100,000 per episode for seasons one and two, according to Celebrity Net Worth. This means he started off with $1 ...
The Arena would be officially dedicated on November 29, 2003. Though Ralph Engelstad would not live to see this. He would die of Lung Cancer on November 26, 2002 at 72 years old. [3] In June 2005, The Construction of the Community room, or "Imperial Room" was finished. In the same year, A basketball floor and Arena decking were added. [3]