Aliante Casino and Hotel

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Aliante Casino and Hotel
Aliante Station Casino and Hotel.svg
Location North Las Vegas, Nevada
Address 7300 Aliante Parkway
Opening date November 11, 2008
Theme Modern
No. of rooms 211
Total gaming space 100,000 sq ft (9,300 m2)
Notable restaurants MRKT Sea & Land
The Salted Lime
Medley Buffet
Bistro 57
Casino type Land
Owner
Previous names Aliante Station
Website aliantegaming.com

Aliante Casino and Hotel (formerly known as the Aliante Station) is a locals casino in North Las Vegas, Nevada, owned and operated by a group of banks and private equity firms.[2]

History[edit]

The $662-million Aliante Station project was first announced on December 20, 2005 by Station Casinos. The casino was a joint venture between Station Casinos and the Greenspun Corporation, who had previously partnered in developing Green Valley Ranch. [3] Greenspun contributed the 40-acre site, part of its Aliante planned community. The target market was expected to include the 6,500 households in Aliante and visitors to the Las Vegas Motor Speedway, among other locals and travelers.[3]

Aliante Station opened on November 11, 2008, at 10:40 p.m. Aliante was originally going to open at 11:11, however due to such a large crowd and traffic, the casino opened sooner. Before the opening, a fireworks show was provided for the public. [4]

After Station Casinos filed for bankruptcy in July 2009, Aliante was handed over in November 2011 to its creditors, a group of nine banks and three private equity firms that were owed more than $378 million, while the property's estimated liquidation value was only $47–53 million.[5][6] ALST Casino Holdco LLC was created to own the resort, with its largest shareholders being Standard General LP (28%), Apollo Global Management (20%), and TPG Capital (20%).[1] Station continued to manage Aliante under an agreement with the new owners until November 1, 2012.[2][7]

Similarities and differences[edit]

The Aliante has a similar interior design to the Red Rock Resort Spa and Casino, that is located in Summerlin. However, the Aliante presents a different design on the exterior. These similarities include a different color. The Red Rock has a maroon type of red color. The Aliante has a more aquamarine type of blue color to it.

References[edit]

  1. ^ a b ALST Casino Holdco LLC (4 November 2011). "2.01". Form 8-K (Report). http://www.sec.gov/Archives/edgar/data/1527705/000095012311095227/y05298e8vk.htm. Retrieved 8 March 2012.
  2. ^ a b Green, Steve (17 November 2011). "Changes disclosed in Aliante Station management contract". Vegas Inc. Retrieved 8 March 2012. 
  3. ^ a b "Gaming board confident Aliante can survive times". Casino City Times. 9 October 2008. Retrieved 8 March 2012. 
  4. ^ Finnegan, Amanda (November 12, 2008). "Fireworks mark opening of Aliante Station". Las Vegas Sun. Retrieved 2008-11-13. 
  5. ^ Steve Green, Las Vegas commercial mortgage delinquencies lead nation, hit $2.9 billion, Vegas Inc, May 22, 2011.
  6. ^ Ryan, Cy (6 October 2011). "Gaming Control Board backs Aliante Station transfer to new owners". Vegas Inc. Retrieved 7 October 2011. 
  7. ^ http://www.lvrj.com/business/aliante-gaming-taking-over-management-of-nlv-property-from-station-casinos-176494231.html

External links[edit]

Coordinates: 36°17′28″N 115°10′55″W / 36.29111°N 115.18194°W / 36.29111; -115.18194