Century acquires remaining stake in Nugget Casino Resort
Land-based operator Century Casinos has purchased the remaining 50% stake in Nugget Casino Resort in Nevada from Marnell Gaming for approximately $100.0m.
Last April, Century acquired an initial 50% membership interests in Smooth Bourbon, which operates the casino and owns the land and building on which the property is located, for $95.0m.
The Nugget and Smooth Bourbon also have in place a lease agreement for the land and building for an annual rent of $15.0m.