The Cal Neva Resort, Spa and Casino on Lake Tahoes north shore could re-start gaming operations as early as Jan. 28, its owners announced Friday.
Reno-based Strategic Gaming Management, which also oversees gaming operations at Baldinis Sports Casino in Sparks, was chosen by the
Strategic Gaming Management expects to get licensing approval from the Nevada Gaming Control Board late next week. Gaming operations will begin on the very next day after approval is secured.
Gaming operations will kick off in phases, starting with new video poker games and slot machines. Depending on the local gaming market, table games are a possible addition for the future.
The addition of gaming is part of ongoing efforts by Los Angeles-based investment firm Canyon Capital Realty Advisors to improve the Cal Nevas offerings. Since taking over ownership of the property about two years ago, Canyon has installed NHH Hotels & Resorts as the Cal Nevas new management team, expanded the entertainment program, made repairs and added new parking.
Known as the casino owned by Frank Sinatra until the state revoked his gaming license in 1963, ownership of the Cal Neva switched to Canyon after previous owner Namcal defaulted on a $25 million loan. Canyon held an auction for the property in April 2009 but retained ownership after no bidders stepped forward.
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