It's the next chapter for a property that has operated as a casino and hotel since 1965.
FILE: The entrance to the new Hard Rock Hotel & Casino is viewed on April 13, 2015, in Stateline, Nev.will soon see a new owner: billionaire Tilman Fertitta, the owner of the Houston Rockets basketball team.
The Stateline, Nevada, casino will then become a Golden Nugget casino and hotel, after the transaction closes “within the next seven to twelve months, subject to regulatory approvals and other customary closing conditions,” Fertitta Entertainment said in a statement. The Tahoe location will be the third Golden Nugget in Nevada, after locations in Las Vegas and Laughlin.FILE: The Hard Rock Hotel & Casino in Stateline, Nev., from the top of Heavenly Mountain on Jan.
In addition to the Houston Rockets and the Golden Nugget casino chain, Fertitta owns Landry’s and Mastro’s steakhouse chains. Fertitta Entertainment's holdings in the Bay Area include Bubba Gump Shrimp Co. at Fisherman's Wharf, Morton's steakhouse in San Francisco, and two Mastro’s in San Francisco and Santa Clara.
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