Friday, October 12, 2007

More polish for Golden Nugget

If you haven't stayed at the Golden Nugget downtown, there will be a lot more reasons for you to stay there. The hotel is not only the nicest hotel downtown, but its getting a facelift. I've stayed there, I'll stay there again. Downtown can be a lot of fun, wandering in and out of the casinos! And downtown is a great place to people watch!

More polish for Golden Nugget

Downtown hotel gets more space for casino, meetings; hotel tower to come


A $70 million casino, convention and nightclub addition is nearly complete at the Golden Nugget in downtown Las Vegas.
Photo by John Gurzinski.

Last year owners of the Golden Nugget spent $100 million on the hotel's biggest upgrade since 1984 when Steve Wynn owned the property.

There's more where that came from.

Now Landry's Restaurants, a Houston-based company that bought the Golden Nugget in 2005, is finishing a $70 million casino, convention and nightclub addition.

As early as next year the company plans to spend another $150 million adding an approximately 500-room hotel tower with casino to what is already the swankiest spot on Fremont Street.

When the tower opens in 2009, Landry's will have spent more on renovations and additions to the Golden Nugget than they spent in 2005 acquiring the property and a sister hotel-casino in Laughlin for $295 million in cash and debt assumption.

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