Casino District Historical Society Inc

Kevin Brown, a Dover Downs security officer responsible for, among other things, ensuring that unauthorized persons do not enter the gaming floor, was stationed at the main entrance of the casino. Before Thompson entered the casino floor, Officer Brown stopped Thompson and informed him that pets were not allowed on the casino floor.

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Lake Las Vegas
Location in Nevada
LocationHenderson, Nevada
Coordinates36°06′07.2″N114°55′46.2″W / 36.102000°N 114.929500°W
TypeArtificial lake
Primary outflowsLas Vegas Wash
Catchment areanil
Basin countriesUnited States
Surface area320 acres (130 ha)
Shore length110 mi (16 km)
Surface elevation1,400 ft (430 m)
Islands0
SettlementsLake Las Vegas
References[1]
1 Shore length is not a well-defined measure.
Lake Las Vegas in 2007

Lake Las Vegas in Henderson, Nevada, refers to a 320-acre (130 ha) artificial lake and the 3,592-acre (1,454 ha) developed area around the lake.[2][3] The area is sometimes referred to as the Lake Las Vegas Resort. It is being developed by 5 companies including Lake at Las Vegas Joint Venture LLC.[4]

The area includes three resorts including the Aston MonteLago Village Resort, the Westin Lake Las Vegas Resort, and the Hilton Lake Las Vegas.

The dam that creates the lake is 'an earthen structure 18 stories high, 4,800 ft (1,500 m) in length and 716 ft (218 m) wide at its base. It contains roughly the same amount of dirt as Hoover Dam does concrete,'[1] and was completed in 1991.[5] The Las Vegas Wash passes under the lake and dam in pipes that require maintenance every 10 years.[6]

History[edit]

Actor J. Carlton Adair conceived Lake Las Vegas around 1967 as Lake Adair. At the time he purchased the land and water rights. In 1987, Ronald Boeddeker acquired 2,000 acres (810 ha) from the US Government when Adair went bankrupt.[2][3]

The property was acquired by Transcontinental Properties in 1990. In 1995, Henry Gluck, the former chairman and chief executive officer of Caesars World, became the co-Chairman of Transcontinental Properties.[7] With Sid Bass and Lee Bass, two billionaires from Fort Worth, Texas, he developed the new community.[7] The project cost US $5 billion.[7]

The lake was built on top of the Las Vegas Wash, which continues to flow under the lake in two 96-inch (2.4 m) diameter pipes.[8] Water diversion to fill the lake began in 1990.[5] The lake was filled with 3 billion US gallons (11,000,000 m3) of water.[6]

Lake at Las Vegas Joint Venture, LLC filed for Chapter 11 bankruptcy on July 17, 2008. Debts were estimated at between $500 million and $1 billion.[4]

Wheel of fortune 2 game free download. Lake Las Vegas emerged from bankruptcy in July 2010 with a plan that took nearly two years to complete. All existing debt was wiped away and the development has $30 million in hand to complete several of the unfinished infrastructure projects. The Lake Las Vegas bankruptcy creditors, not Lake Las Vegas development themselves, have filed a lawsuit against the former insiders (Bass Brothers, TransContinental, etc.). The creditors' theory is that the $500 million equity loan the former insiders took against the property caused the demise of Lake Las Vegas. The creditors are hoping to recoup money from the former insiders. In a related action, resort property owners are suing lender Credit Suisse as part of a multibillion-dollar lawsuit led by bankrupt Yellowstone Club founder Timothy Blixseth and his son Beau Blixseth who claim the Lake Las Vegas Joint Venture bankruptcy was caused by a 'loan to own' scheme between the bank and resort developers.[9]

The golf course was purchased by Nevada South Shore LLC, a Hawaii-based corporation for $4.5 million on February 17, 2011.[10]

The Ritz Carlton, Lake Las Vegas, closed after 8 years of operation on May 2, 2010.[11] The Ritz Carlton was then reopened by international boutique hotelier Dolce Hotels on February 11, 2011, as the Ravella at Lake Las Vegas.[10] On April 30, 2013, Kam Sang Co. announced that the Ravella would be renamed the Hilton Lake Las Vegas, the name under which the hotel continues to operate.[12] The Hilton opened June 6, 2013.[13]

Ky Historical Society

Lake Las Vegas was the subject of a lawsuit between investment fund Claymore Holdings and Credit Suisse, which was the agent for a syndicate of entities that loaned $540 million to develop the property. Claymore and others accused Credit Suisse of fraudulently inflating the value of the development in order to generate higher fees for itself.[14] The core of the allegations centered on a new appraisal methodology conceived of by Credit Suisse executive David Miller, who in internal emails is referred to as Credit Suisse's Dr. Frankenstein.[15] In 2015, a Texas judge ordered Credit Suisse to pay $288 million to Highland, Claymore and others. The verdict was partially offset by other payments to Highland, meaning that Claymore received most of the Credit Suisse judgment.[16]

Casino MonteLago/Lake Las Vegas Event Center[edit]

Casino District Historical Society Inc Logo

Casino MonteLago/Lake Las Vegas Event Center
Location Henderson, Nevada
Address 8 Strada di Villaggio
Opening dateMay 8, 2003
Closing dateOctober 29, 2013
ThemeEuropean
Total gaming space40,000 sq ft (3,700 m2)
Casino typeLand-based
OwnerKam Sang Co.
Operating license holderIntrepid Gaming
Renovated in2011

https://satnin.netlify.app/blackjack-rules-at-winstar-casino.html. Casino MonteLago was opened on May 8, 2003, having been built by Cook Inlet Region, Inc., an Alaska Native shareholder owned corporation.[17] The casino closed for the first time on March 14, 2010, due to the Great Recession;[18] but on May 26, 2011, after renovation, the casino re-opened to the public.[19] In November 2012, the casino was acquired along with the Ravella at Lake Las Vegas for a total of $47 million by Kam Sang Co., a California-based real estate developer.[20] The casino closed for the second time on October 29, 2013, as a result of a lease dispute between Kam Sang and the casino's operators.[21] In the beginning of 2016, the facility reopened as the Lake Las Vegas Event Center, hosting special events, exhibits and entertainment. It is attached to the Hilton Lake Las Vegas and accessible from MonteLago Village.[22]

Notes[edit]

  1. ^ abDickensheets, Scott (November 2000). 'Is Lake Las Vegas Half Full or Half Empty?'. Las Vegas Life.
  2. ^ abKnightly, Arnold M. (2008-01-09). 'Lake Las Vegas properties change hands'. Las Vegas Review-Journal. pp. 1D, 4D. Retrieved 2008-01-13.
  3. ^ abVaucher, Andréa R. (2008-01-10). 'Lakeside resort trumps Las Vegas'. International Herald Tribune. Retrieved 2008-01-13.
  4. ^ ab'Lake Las Vegas Filed For Chapter 11'. KTNV. 2008-07-17. Retrieved 2008-07-17.
  5. ^ ab'LAKE LAS VEGAS RESORT TIMELINE'. Archived from the original on 2007-12-29. Retrieved 2008-01-13.
  6. ^ ab'EDITORIAL: Lake Las Vegas -- dry?'. Las Vegas Review-Journal. 2008-08-02. Retrieved 2008-08-02.
  7. ^ abcJulie Tamaki, Viva Luxe Vegas, The Los Angeles Times, August 01, 1999
  8. ^'Wash Tour'. Las Vegas Wash Project Coordination Team. Archived from the original on 2008-04-11. Retrieved 2008-01-13.
  9. ^Palank, Jaqueline (January 5, 2010). 'Luxury-Property Owners Sue Credit Suisse for $24 Billion'. The Wall Street Journal.
  10. ^ abTakahashi, Paul (Feb 11, 2011). 'New hotel banks on Lake Las Vegas bouncing back'. Las Vegas Sun. Retrieved 2011-03-11.
  11. ^Finnegan, Amanda (February 8, 2010). 'Ritz-Carlton Lake Las Vegas to close in May'. Las Vegas Sun.
  12. ^Segall, Eli (April 30, 2013). 'Lake Las Vegas hotel getting new name — again'. Vegas Inc.
  13. ^'Hilton Hotels & Resorts Makes Lake Las Vegas Debut' (Press release). Hilton Hotels & Resorts. June 6, 2013.
  14. ^Checkler, Joseph; Fitzgerald, Patrick. 'Emails About Loans Plague Credit Suisse'. Wall Street Journal. Retrieved 5 December 2014.
  15. ^Celarier, Michelle. 'Hedge fund giant claims Suisse's appraisals full of holes'. New York Post. Retrieved 5 December 2014.
  16. ^'Highland Gets $288M From Credit Suisse For Land Deal Fraud - Law360'. www.law360.com.
  17. ^Finnegan, Amanda (April 1, 2011). 'License sought to operate shuttered Casino MonteLago'. Las Vegas Sun. Retrieved April 14, 2011.
  18. ^Finnegan, Amanda (February 16, 2010). 'Casino MonteLago at Lake Las Vegas to close next month'. Las Vegas Sun. Retrieved September 22, 2010.
  19. ^Benson, Liz (May 26, 2011). 'Casino MonteLago reopens at Lake Las Vegas'. Vegas Inc.
  20. ^Wargo, Buck (November 29, 2012). 'California company buys Ravella, Casino MonteLago for $46.8 million'. Las Vegas Review-Journal. Retrieved 2012-11-29.
  21. ^Segall, Eli (October 29, 2013). 'Casino MonteLago at Lake Las Vegas closes over lease issues'. Vegas Inc. Retrieved 2013-11-02.
  22. ^Thilmont, Greg (June 28, 2015). 'Lake Las Vegas starts comeback from Great Recession'. Las Vegas Review-Journal. Las Vegas Review-Journal. Retrieved September 6, 2015.
Inc

References[edit]

  • 'Lake Las Vegas emerging from bankruptcy protection'. Associated Press. July 19, 2010.
  • Green, Steve (July 16, 2010). 'Lake Las Vegas emerges from bankruptcy'. Las Vegas Sun.
  • Green, Steve (September 21, 2010). 'Company plans to rebrand closed Ritz-Carlton at Lake Las Vegas'. Las Vegas Sun.

External links[edit]

  • Roth, David. 'The Fiscal Times.' The Fiscal Times. July 21, 2011.
Retrieved from 'https://en.wikipedia.org/w/index.php?title=Lake_Las_Vegas&oldid=927384518#Casino_MonteLago'
LocationRoughly bounded by Cottage Row, Maple, Cedar, and Main Sts., Gibraltar, Wisconsin
Area5 acres (2.0 ha)
NRHP reference #97000328[1]
Added to NRHPApril 14, 1997

The Welcker's Resort Historic District is located in Gibraltar, Wisconsin, United States.

Georgia Historical Society

History[edit]

The district largely consists of buildings from the resort founded by German immigrant Dr. Herman Welcker in 1907 with a regimen influenced by European health spas of the time, catering initially to Germans from Milwaukee. District includes former cottages of the resort, the current White Gull Inn, and the current Whistling Swan, which was the Lumberman's Hotel in Marinette before Welcker had it hauled across Green Bay on the ice to become his 'Casino.'[2][3][4]

References[edit]

  1. ^'National Register Information System'. National Register of Historic Places. National Park Service. November 2, 2013.
  2. ^'White Gull Inn History'. White Gull Inn. Retrieved 2014-01-18. Includes reminiscences of Welcker's era.
  3. ^'Henriette'. Architecture and History Inventory. Wisconsin Historical Society. Retrieved 2014-01-18.
  4. ^'Welcker's Casino'. Architecture and History Inventory. Wisconsin Historical Society. Retrieved 2014-01-18.

Historical Society Of Philadelphia

Retrieved from 'https://en.wikipedia.org/w/index.php?title=Welcker%27s_Resort_Historic_District&oldid=911923069'