“We are thrilled to be welcoming the Lake Tahoe property to the Golden Nugget family,” Fertitta, owner and CEO of Fertitta Entertainment, said in a news release Friday.
The sale, by Las Vegas-based Paragon Gaming, is expected to close in the next seven to 12 months. The Houston billionaire announced he is acquiring the Hard Rock hotel-casino at Lake Tahoe for an undisclosed price and will transform it into a Golden Nugget-branded property. Tilman Fertitta is expanding the Golden Nugget brand to Northern Nevada. The Hard Rock hotel-casino at Lake Tahoe in Northern Nevada.
