Nevada
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.
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.
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.”
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.
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.
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.
Nevada
GOP primary for open US House seat and Democratic governors race highlight Nevada ballot
LAS VEGAS (AP) — Nevadans are choosing their party nominees Tuesday for two closely watched congressional seats and the governor’s race, among others, as the state grapples with an affordable housing shortage, exploding energy demand from data centers and federal cuts to key state programs.
The state has a closed primary, meaning only registered Democrats and Republicans will vote in party contests after an effort to open them up failed in 2024.
Several primaries feature matchups between candidates backed by party leaders and political outsiders promising change. Come November, the governor’s race is considered one of the most competitive in the country, and holding on to the 3rd Congressional District is considered crucial for Democrats’ hope of retaking the U.S. House.
Here’s a look at the most prominent races:
Democrats seek a rival for Lombardo
Gov. Joe Lombardo, a Republican, is considered one of the most vulnerable governors in the country this fall.
The Democrats vying to challenge him include state Attorney General Aaron Ford, who has the backing of the Democratic congressional delegation and former Vice President Kamala Harris, and Alexis Hill, a county commissioner in northern Nevada who campaigned as a candidate willing to shake things up.
They focused their campaigns on affordability, as the state continues to see a shortage of affordable housing, some of the highest gas prices in the country and cuts to federal healthcare and food assistance programs.
Ford largely ignored Hill, instead directing his attacks at Lombardo and arguing that both the governor and Trump are responsible for Nevadans’ economic woes. He is trying to become Nevada’s first Black governor.
2nd Congressional District
In the Republican contest to replace longtime Rep. Mark Amodei, who is retiring, President Donald Trump has endorsed David Flippo, a loyalist of the president who has never held elected office. Amodei and Lombardo have backed James Settelmeyer, a former state senator with a long political track record.
The district covers northern Nevada and includes Reno and Carson City, the capital, along with an immense rural expanse.
Trump-endorsed candidates have seen successful in primaries elsewhere, underscoring his unrivaled power over the Republican Party as he enters the last years of his presidency. He easily won the district in the 2024 presidential election.
The GOP nominee has a good chance of winning in November, as registered Republicans outnumber Democrats by 70,000 in the 2nd District. A Republican has held the seat since the district was created in the 1980s.
Still, Democrats hope to entice the large number of nonpartisan voters in the district this fall. Their candidates include Teresa Benitez-Thompson, a former majority floor leader of the Nevada Assembly, and Greg Kidd, an investor who ran in the last cycle as a nonpartisan.
3rd Congressional District
Nevada’s other three members of Congress, all Democrats, are expected to win their primaries easily.
In the 3rd District, Republicans are battling to determine who will face Democratic Rep. Susie Lee in what is considered the most competitive congressional district in Nevada because of its narrow Democratic registration advantage, its high number of nonpartisan voters and a history of razor-thin election margins. In 2024 both Lee and Trump won narrowly.
Candidates include Trump-backed Marty O’Donnell, a composer who worked on the “Halo” video game series and ran unsuccessfully for the seat in 2024; Jeff Gunter, a dermatologist and former ambassador to Iceland; neurosurgeon Aury Nagy; and businessperson Tera Anderson.
The candidates ran on border security, energy independence and decreasing the federal debt.
Attorney general
With Ford term-limited and running for governor, the opening has prompted competitive primaries for the state’s top law enforcement post.
The Democratic side features state Senate Majority Leader Nicole Cannizzaro and Treasurer Zach Conine. Both campaigned on promises to take on the Trump administration, following in the footsteps of Ford, who filed numerous lawsuits against the federal government.
For the Republicans, Trump-backed attorney Adriana Guzmán Fralick faces Douglas County commissioner Danny Tarkanian. Tarkanian, son of legendary University of Nevada, Las Vegas basketball coach Jerry Tarkanian, previously ran unsuccessfully in multiple congressional races.
Both candidates campaigned on “election integrity,” casting doubt on voting security. Nevada is one of the swing states in which Trump falsely claimed the 2020 election was stolen, despite officials finding no evidence of widespread fraud.
Tarkanian promised to investigate voter fraud allegations, while Guzmán Fralick vowed to seek passage of the SAVE Nevada Act, which would be similar to changes Trump has sought at the federal level.
Her legislation would require all votes to be counted on Election Day, end universal mail ballots and eliminate automatic voter registration. It would almost certainly hit a dead end in the Democratic-controlled Legislature.
GOP secretary of state candidates question Nevada’s elections
Several Republicans are running for secretary of state, the office that oversees elections, including some who falsely claimed the 2020 election was stolen from Trump. The winner of the primary will take on Democratic Secretary of State Cisco Aguilar.
The GOP candidates include Jim Marchant, a former state lawmaker and perennial candidate who has said the 2020 election “was probably stolen”; Sharron Angle, a former state lawmaker who was part of an effort to block the certification of Nevada’s 2020 election results; and Shirley Folkins-Roberts, an attorney who received Lombardo’s endorsement and has denied there is widespread fraud in Nevada’s elections.
All the candidates support implementing voter ID, which will be on the ballot for the second time in November after the question passed by a wide margin in 2024.
Angle promises to enforce voter ID if voters pass it and supports Trump’s executive order seeking to require documentary proof of citizenship to vote. The courts have so far halted that order, issued last year, from taking effect.
Marchant wants to eliminate electronic voting machines and end the state’s universal mail ballot system. He also wants to require paper ballots, which would be counted by hand, according to his campaign website.
Folkins-Roberts said she will work to keep voter rolls accurate and up-to-date, require voter ID and ensure that election results are delivered on time. She also wants to reverse the automatic voter registration system. In an interview with News 4 Reno, Folkins-Roberts said she believes Nevada’s elections are “good,” but wants to improve voters’ confidence by making changes.
Nevada
Red Flag Warning issued for heightened fire danger in Southern Nevada
LAS VEGAS (KSNV) — We’ll start the week with a heightened fire danger with dangerous heat later this week.
TODAY
Expect mostly sunny skies with winds picking up again on Monday. High temperatures will reach 98 degrees in Las Vegas with south winds 10-20 mph and wind gusts up to 30 mph.
A RED FLAG WARNING is in place from 10am to 9pm Monday for gusty winds and dry weather, so if a fire started, it would spread quickly.
Winds are estimated to be 20-25 mph with gusts around 40 mph at times with relative humidity of 5%-15%.
Air quality is ranked ‘good’ to ‘moderate’ for dust and tree pollen. The most common pollens are juniper, cedar, willow, sycamore and palm.
TONIGHT
We’ll see variable clouds this evening with skies going from mostly cloudy to mostly clear overnight.
Wind gusts will pick up again before midnight with gusts 30-40 mph possible downslope of the Spring Mountains in the west valley.
Elsewhere, gusts will be 20-30 mph. Breezes will eventually back down to 5-15 mph overnight. Valley lows will drop to around 74 degrees.
WHAT’S NEXT
We have reached 109 consecutive days without measurable rain in Las Vegas.
No rain is in sight, but for perspective, June is the driest month of the year in Las Vegas. Fingers crossed on a hopefully more active monsoon season!
High pressure builds next with highs 5-10 degrees above normal. Temperatures will reach around 108 degrees in Las Vegas by Friday. The last time we hit a high temperature of 108 degrees was back on August 20th of last year.
Not much relief is in sight by the weekend with highs around 107 degrees and temps at or above 105-106 degrees NEXT Monday through Wednesday.
Nevada
DNA Doe Project unlocks cold case in Nevada
Growing DNA databases continue to unlock decades-old cold cases. How the DNA Doe Project helped to identify remains 37 years later.
© KSNV, NBC News Channel
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