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Golden Nugget Lake Tahoe begins a top-to-bottom renovation – The Nevada Independent

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Golden Nugget Lake Tahoe begins a top-to-bottom renovation – The Nevada Independent


The general manager of the Golden Nugget Lake Tahoe told gaming regulators last week that “every square foot of the property” would see some type of renovation during its latest redevelopment.

During a Gaming Control Board hearing in Carson City, general manager Jason Sides said the initial redevelopment phase had started on the 539-room hotel and 25,000-square-foot casino. One of the resort’s two towers has been taken offline so the improvements can be made, and he expects the first floor of renovated rooms to be available by October, just in time for the busiest months of the year.

“We have big plans for the property with a significant capital investment,” Sides told the regulators, but he did not provide a cost estimate for the project.

Following its purchase last year by Houston billionaire Tilman Fertitta’s privately held Fertitta Entertainment, the property is now operating under its fifth name since its opening in the 1960s. 

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Sides said a Salt Grass Steakhouse — one of several dozen restaurant brands owned by Fertitta — will open by the fall. He said Mastro’s Steak House, a high-end Fertitta restaurant brand, will also be added to the property.

On the Golden Nugget website, images show a renovated lobby area and room renderings. 

“You’ll see subsequent phases of other construction [throughout the year],” Sides said. “We’ve seen a nice surge of business and a lot of bodies [in the Tahoe market] in the past few weeks. So that’s good to see.”

A representative for Fetitta’s company declined to comment beyond what was said at the hearing. The renovations are expected to be completed by 2025. 

The resort has been known as Hard Rock Lake Tahoe since 2015. The Nugget is the last of the four Tahoe casinos visitors see along Highway 50 as they enter Stateline from California. The other three Stateline resorts are Bally’s Lake Tahoe and the Caesars Entertainment-owned Harvey’s and Harrah’s. 

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Control board senior economic analyst Michael Lawton said the South Tahoe market saw its highest gaming revenue total in 2000 when it produced $352.6 million in gaming revenue.

Lawton said South Tahoe experienced a steep gaming revenue decline — and is almost 31 percent below its peak totals — during the last two decades due to the recession and competition from Northern California tribal casinos. In the last three years, the Sacramento area has seen the opening of three new tribal-owned casinos.

But there is hope the market will rebound.

According to the control board, South Lake Tahoe’s gaming revenue through May is 5.6 percent ahead of the first five months of 2023. Last year, the Tahoe market produced more than $243.8 million in gaming revenue, which was down 7.5 percent from 2022, but is more than 8 percent ahead of 2019, the last full year of gaming revenue for Nevada before the pandemic.

“We saw this as a great opportunity,” Fertitta told state gaming regulators a year ago. “We will take this property and totally transform it. And, as we always do, add the Golden Nugget name on it. We always expect it to be one of the top properties in the market.”

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The newly rebranded Margaritaville Resort Lake Tahoe in South Lake Tahoe, California, on Nov. 29, 2023. (Amy Alonzo/The Nevada Independent)

Investments beyond the casino floors

Tahoe has seen recent non-gaming investments.

The Golden Nugget is across from the $80 million Tahoe Blue Event Center. The 132,000-square-foot facility at the corner of U.S. Highway 50 and Lake Parkway will host conferences and concerts and will serve as the 36-game home hockey arena for the expansion ECHL’s Tahoe Knight Monsters.

On the California side of Highway 50, Orlando-based Margaritaville Resorts transformed the 399-room, non-gaming Lake Tahoe Resort Hotel into Margaritaville Resort Lake Tahoe. The renovation gave the location a Key West-style theme at the base of the Heavenly Mountain Ski Resort and adjacent to the casinos just across the state line.

The property is Fertitta’s third Golden Nugget in Nevada, along with resorts in downtown and Laughlin. Fertitta’s company also operates Golden Nugget hotel-casinos in Atlantic City, Biloxi, Mississippi, Lake Charles, Louisiana, and Cripple Creek, Colorado.

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Fertitta’s company gained preliminary approval from the control board Wednesday to finance part of last year’s acquisition of the property. The Gaming Commission is expected to take up the matter on July 25.

“Basically, Tillman Fertitta is getting paid back for his initial investment in the project,” said control board member George Assad. “It’s a pretty simple transaction, but just a lot of legal jargon.” 

Fertitta announced an all-cash bid for the Hard Rock Lake Tahoe in March 2023, buying the operation from Paragon Gaming. Five months later, the deal was approved by state gaming regulators and the property took on the Golden Nugget name. The property had hundreds of music memorabilia items that were returned to Hard Rock.

The property opened in the 1960s as the Sahara Tahoe. It has also been known as the High Sierra Resort and Lake Tahoe Horizon. 

Fertitta Entertainment also has plans to build a 2,420-room, 43-story hotel-casino on 6 acres at Harmon Avenue and the Strip that it acquired in 2022 for $270 million. In May, the company said it was asking Clark County for permission to connect the planned resort to a pedestrian overpass bridge.

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The company owns the NBA’s Houston Rockets and its Landry’s hospitality division includes a restaurant segment with roughly 520 outlets and entertainment attractions.

Fertitta, who is a cousin of Red Rock Resorts CEO Frank Fertitta III and Vice Chairman Lorenzo Fertitta, has also owned a 6.1 percent stake in Wynn Resorts since 2022 as a passive investment. He is the second-largest individual shareholder in the company behind Elaine Wynn.



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‘Winnemucca Day’ helps fuel Backus, Wolf Pack to 58-40 win over Utah State

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‘Winnemucca Day’ helps fuel Backus, Wolf Pack to 58-40 win over Utah State


RENO, Nev. (Nevada Athletics) – Nevada Women’s Basketball returned to Lawlor for the first game of 2026, hosting Utah State.

The Pack picked up its first conference win of the season with the 58-40 victory over the Aggies.

Freshmen showed out for the Pack (5-9, 1-3 MW) with Skylar Durley nearly recording a double-double, dropping 12 points and grabbing nine rebounds. Britain Backus had five points to go along with two rebounds and a season high four steals.

Junior Izzy Sullivan also had an impactful game with 17 points, going 6-for-11 from the paint and grabbing five boards. She also knocked down Nevada’s only two makes from beyond the arc, putting her within one for 100 career threes.

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The Pack opened up scoring the first four points, setting the tone for the game. It was a close battle through the first 10 as Utah State (6-7, 2-2 MW) closed the gap to one.

However, Nevada never let them in front for the entire 40 minutes.

Nevada turned up the pressure in the second quarter, holding Utah State to a shooting drought for over four minutes. Meanwhile, a 5-0 scoring run pushed the Pack to a 10-point lead.

For the entire first 20, Nevada held Utah State to just 26.7 percent from the floor and only nine percent from the arc, going only 1-for-11.

For the Pack offense, it shot 48 percent from the paint. Nevada fell into a slump coming out of the break, only scoring eight points.

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It was the only quarter where the Pack was outscored.

The fourth quarter saw the Pack get back into rhythm with a 6-0 run and forcing the Aggies into another long scoring drought of just under four and a half minutes.

Durley had a layup and jumper to help with securing the win.

Nevada will remain at home to face Wyoming on Wednesday at 6:30 p.m.

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EDITORIAL: Nevada’s House Democrats oppose permitting reform

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EDITORIAL: Nevada’s House Democrats oppose permitting reform


Politicians of both parties have promised to fix the nation’s broken permitting system. But those promises have not been kept, and the status quo prevails: longer timelines, higher costs and a regulatory maze that makes it nearly impossible to build major projects on schedule.

Last week, the House finally cut through the fog by passing the Standardizing Permitting and Expediting Economic Development Act. As Jeff Luse reported for Reason, the legislation is the clearest chance in years to overhaul a system that has spun out of control.

Notably, virtually every House Democrat — including Reps. Dina Titus, Susie Lee and Steven Horsford from Nevada — opted for the current regulatory morass.

The proposal addressed problems with the National Environmental Policy Act, which passed in the 1970s to promote transparency, but has grown into an anchor that drags down public and private investment. Mr. Luse notes that even after Congress streamlined the act in 2021, the average environmental impact statement takes 2.4 years to complete. That number speaks for itself and does not reflect the many reviews that stretch far beyond that already unreasonable timeline.

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The SPEED Act tackles these failures head on. It would codify recent Supreme Court guidance, expand the projects that do not require exhaustive review and set real expectations for federal agencies that too often slow-walk approvals. Most important, it puts long-overdue limits on litigation. Mr. Luse highlights the absurdity of the current six-year window for filing a lawsuit under the Environmental Policy Act. Between 2013 and 2022, these lawsuits delayed projects an average of 4.2 years.

While opponents insist the bill would silence communities, Mr. Luse notes that NEPA already includes multiple public hearings and comment periods. Also, the vast majority of lawsuits are not filed by members of the people who live near the projects. According to the Breakthrough Institute, 72 percent of NEPA lawsuits over the past decade came from national nonprofits. Only 16 percent were filed by local communities. The SPEED Act does not shut out the public. It reins in well-funded groups that can afford to stall projects indefinitely.

Some Democrats claim the bill panders to fossil fuel companies, while some Republicans fear it will accelerate renewable projects. As Mr. Luse explains, NEPA bottlenecks have held back wind, solar and transmission lines as often as they have slowed oil and gas. That is why the original SPEED Act won support from green energy groups and traditional energy producers.

Permitting reform is overdue, and lawmakers claim to understand that endless red tape hurts economic growth and environmental progress alike. The SPEED Act is the strongest permitting reform proposal in years. The Senate should approve it.

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McKenna Ross’ top Nevada politics stories of 2025

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McKenna Ross’ top Nevada politics stories of 2025


The Silver State was plenty purple in 2025.

Nevada has long had a reputation for its libertarian tilt. Nowadays, partisanship leads many political stories. In top state government and politics stories of the year, some political lines were blurred when politicians bucked their party’s go-to stances to make headlines, while other party stances stayed entrenched.

Here are a handful of the biggest stories out of Nevada government and politics in 2025.

Film tax credit saga returns for parts 2 and 3

A large-scale effort to bring a film studio to Southern Nevada was revived — and died twice — in 2025. Sony Pictures Entertainment and Warner Bros. Discovery, who were previously leading opposing efforts to build multi-acre studio lots with tax breaks, joined forces in February to back one bill in front of the Nevada Legislature. They were joined by developer Howard Hughes Corp. in a lobbying push throughout the four-month session, then once again during a seven-day special legislative session in mid-November.

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The renewed legislation drew plenty of praise from union and business leaders and created an unlikely coalition of fiscal conservatives and progressives on the left against it. Proponents said the proposal would help create a new industry for Nevada, creating thousands of construction and entertainment industry-related jobs. Opponents criticized the billion-dollar effect it would have on the state’s general fund as a “Hollywood handout.”

In the end, the opposition won out. It passed the Assembly 22-20 in the last week of the regular session and received the same vote count during the special session — though six members switched their votes.

The state Senate voted on the proposed Summerlin Studios project only during the special session, where it failed because 11 senators voted against it or were absent for the Nov. 19 vote. Several lawmakers called out the intense political pressure to pass the bill, despite their concerns of how the subsidies would have affected state coffers.

Democrats fight to strengthen mail-in voting

The movement to enshrine mail-in voting in Nevada also stretched through both 2025 legislative sessions, as well as a federal Supreme Court case.

Democratic lawmakers sought to establish state laws around voting by mail, including about the placement of ballot boxes between early voting and Election Day and the timeline in which clerks had to count mailed ballots received after polls closed.

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Assembly Speaker Steve Yeager, D-Las Vegas, proposed a compromise with Republican Gov. Joe Lombardo through a bill expanding ballot drop box access in the run-up to Election Day and implementing voter ID requirements, but Lombardo vetoed the bill.

Democrats found a way during the special session, however. In the final hour before the session’s end on Nov. 19, Senate Democrats introduced and considered a resolution to propose enshrining mail-in voting in the Nevada Constitution via a voter amendment. The resolution must past the next consecutive session before it can go on the 2028 general election ballot.

This all comes as the U.S. Supreme Court weighs a case that could affect Nevada’s existing law that allows ballots postmarked on Election Day to be counted as late as 5 p.m. four days after Election Day.

Cyberattack on Nevada cripples the state for weeks

Nevada state government was crippled for four weeks in the late summer and fall when a ransomware attack was discovered in state systems in August.

Many state services were moved off-line to sequester the IT threats, leading to 28 days of outages after the Aug. 24 discovery of the ransomware attack. Those included worker’s compensation claims, DMV services, online applications for social services and a background check system.

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According to the after-action report, a malicious actor entered the state’s computer system as early as May 14. The threat actor had accessed “multiple critical servers” by the end of August. State officials emphasized that core financial systems and Department of Motor Vehicle data were not breached by the hackers.

The state did not pay a ransom, according to officials. Instead, it worked with external cybersecurity vendors to deal with incident response and recovered about 90 percent of affected data. That costed about $1.5 million for those contracts and overtime pay.

Budget woes leave state in status quo limbo

Financial uncertainty clouded Nevada state government throughout the year as the impact of federal purse-shrinking, uncertainty around the effect of Trump administration tariffs and the reduced tax revenue from a tourism slump persisted throughout 2025.

Nevada lawmakers passing the state’s two-year budget cycle were put in a tight spot when economic forecasts projecting state revenue were downgraded during the legislative session and ultimately passed a state budget that avoided funding multiple new programs.

Contact McKenna Ross at mross@reviewjournal.com. Follow @mckenna_ross_ on X.

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