Two Way Hard Three | Las Vegas Casino & Design Blog

October 20, 2006

South Coast Sale Progresses

Posted by Hunter

Boyd's sale of the South Coast to operator Michael Gaughan is sailing through regulation. Gaughan is turning in $512 million in stock in return for the property.

It was approved by the Nevada Gaming Commission on Thursday after being approved by the Gaming Control Board previously. The NGC approval is the last stage in the State's regulatory process.

The property will be re-named the South Pointe after the sale is completed.

Technorati Tags: , , , , ,