Wendover Resorts has sold the Wendover Nugget Hotel and Casino and the Red Garter Hotel and Casino to Wendover Gaming, a newly-formed entity representing an investor group led by Eric Persson and Justin Beltram through their company 888Gaming.
In addition to being the majority owner of 888Gaming, Persson is also the president and COO of Aruze Gaming America.
“I intend to work closely with Aruze to bring their market leading technologies to the resorts. Everyone knows Aruze has great slot and electronic table products, fantastic RFID table game chips, and the game changing Omni-Table,” Persson stated.
“Both companies look forward to maximising synergies to our customers’ benefit [and] we look forward to growing this market.”
Wendover is the closest casino market to Salt Lake City, with direct access via I-80. The Wendover Nugget Hotel and Casino has 489 hotel rooms and 1,057 total gaming positions, while the Red Garter Hotel and Casino has 183 hotel rooms and 652 total gaming positions.
“The sale of Wendover Resorts marks the end of an era of Ensign family Nevada gaming licences which spans 40 years,” said David A. Ensign, managing partner at Wendover Resorts.
“It is time to let a younger generation direct these properties through the 21st century.”
The transaction also includes the sale of Utah Trailways, a bus company that transports customers daily from Salt Lake City to the casino properties in Wendover, and the sale of additional parcels of land associated with the Wendover Casinos.