Following Station Casinos filing for bankruptcy the following year, the Aliante eventually found its way into the hands of a group of private equity firms and banks.
The Aliante first opened in November 2008 as Aliante Station with Station Casinos and the Greenspun Corporation its first owners. “It will further strengthen and diversify our robust Las Vegas portfolio, which is the fastest growing segment of our business.” “Aliante is an asset without rival in the North Las Vegas market,” Smith said in a conference call announcing the agreement. Boyd Gaming to Buy Aliante, Reportedly Interested in Cannery Casino ResortsĪmid speculation that Boyd Gaming was primed to make a different acquisition, the company announced yesterday it had agreed to purchase the Aliante Casino and Hotel in North Las Vegas for $380 million, VEGASINC reports.Ī statement from Boyd Gaming CEO Keith Smith expressed optimism about both the Aliante’s prospects and the company establishing a significant presence in an area many are targeting for near-term industry growth. This week’s installment of Inside Gaming shares news of Boyd Gaming’s agreement to purchase one North Las Vegas casino and the company’s interest in acquiring more, notes Las Vegas Sands’ first-quarter decline, and passes on one investor’s thoughts about gaming growth perhaps occurring faster than it should in Manila.