Klondike Sunset Casino is a local casino located on a 2.2-hectare (0.89 ha) land on 444 West Sunset Road, west of Boulder Highway, in Henderson, Nevada.
Originally owned by Tom Yarbrough, who opened it as Sunset Tom's Casino on August 2, 1989. The casino closed in January 1998, due to financial losses and new competition. John Woodrum bought the casino and reopened it as Klondike Sunset Casino in October 1999, after a $ 5 million renovation. The casino belongs to a sister from the Klondike Hotel and Casino in Las Vegas on the Las Vegas Strip in Paradise, Nevada.
After Woodrum's death in 2014, the casino is closed and sold to Carl Giudici, who plans to renovate and reopen the casino failed to materialize. Bruce Familian and Jon Athey bought the casino in December 2015, and reopened it on August 3, 2016, after an eight-month renovation.
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Kasino Sunset Tom (1989-1999)
In July 1988, Southwest Equities was approved for a limited game license for Tom's Sunset Casino, with 243 slot machines and five table games. Soon, ownership was transferred to Yarlow, Inc., owned by Thomas Yarbrough, who had to apply for a new game license to operate the casino. At that point, new ordinances have been passed that will require the construction of a 200-room hotel to meet the approval for limited game licenses. In July 1989, a city lawyer recommended that Yarbrough be approved for a limited game license despite the new rules, since the property was approved before the change. However, the casino must add 120 hotel rooms if it wants to expand, in accordance with the ordinance.
Tom's Sunset Casino opened on 2 August 1989, with over 240 slot machines and restaurants. The casino features a Sun Slot Finder club, and is the only Henderson casino that offers clubs to regular customers. An official grand opening is scheduled for October 7, 1989. In January 1990, the casino introduced a free "Fun Bus" service. In July 1990, Yarbrough was approved for an additional 2,993 sq ft (278.1 m 2 ) to the casino, which would include the removal of existing buildings on the property. Possible facilities to be added in the expansion include a video game arcade, souvenir shop, snack bar, and sports book.
The renovation, costing more than $ 1 million, began in May 1993, with the demolition of a wall facing east. The expansion was to add 3,000 m² (280 m 2 ), including three floor façade, with the third floor not working. Other plans include a 38-foot-long exterior sign, two new entrances, 100 new slot machines, and a new theme in the southwest. The grand reopening was scheduled for August 2, 1993, the four-year anniversary of the casino. Other expansions include horseshoe-shaped bars and larger lounges. In 1997, the casino offered a proposition bet, and was among the nine other Las Vegas casinos to offer SportXction, a new interactive betting system.
The casino closed on 12 January 1998, partly because of competition from the new and adjacent Sunset Station. Over the 18 months prior to closing, the monthly profit has declined from $ 650,000 to $ 275,000, with a 35 percent decrease in customer presence. Losing a sports book is another reason for the closure, as Yarbrough owes more than $ 150,000 in sports betting on casinos and three other sports books he owns, but has no funds to pay off debts.
After closing, 92 employees were laid off. The casino has featured 219 video poker machines at the time, while its small restaurant became famous for the $ 1.99 breakfast specials. Industry observers feel that closed casinos need to be expanded and add facilities such as swimming pools and hotels to compete.
Klondike_Sunset_Casino_ (1999-present) "> Klondike Sunset Casino (1999-present)
In September 1998, John Woodrum, an old friend of Yarbrough, bought the property for $ 1.4 million in a foreclosure auction. That month, Woodrum announced that the casino would reopen as Klondike Sunset Casino, which is expected to employ about 150 people at the opening. Woodrum expects the casino to open on December 31, 1998, although its opening date will depend on when the casino will receive approval for gambling and liquor licenses. Woodrum's New Year's Eve opening was delayed as he waited for state game license approval. Woodrum invested $ 5 million to renovate the building, including the expansion of the casino bar.
Klondike Sunset Casino opened on October 1, 1999. It is the second casino property of Woodrum, and its sister property at the Klondike Hotel and Casino on the Las Vegas Strip in Paradise, Nevada. Woodrum chose not to add the hotel to the property, instead choosing to focus on the local market. The Klondike Woodrum property on the Las Vegas Strip attracts customers who are mostly made up of senior citizens and Henderson residents who prefer small casinos. Woodrum hopes to attract Henderson residents to its new property with coupons for free food and drinks.
At the time of its opening, Klondike Sunset Casino consists of a 15,000 square foot (1,400 m 2 building) and features an Alaskan wilderness theme. The casino, about 7,700 sq ft (720 m 2 ), includes 360 video poker and slot machines, as well as three blackjack tables and roulette tables. The casino offers a minimum blackjack of $ 2 and a 25 cents roulette, both considered rare at that time.
At about 4:00 am on December 30, 1999, two masked gunmen robbed the casino and then escaped with an undisclosed amount of money. About 30 people attended, many of whom did not realize it was a robbery until police arrived. Another robbery occurred at around 1:45 am on March 21, 2002, when two men armed with pistols and assault rifles took about $ 7,700 from the checkout. The third person was waiting outside the casino in the vehicle. After a brief chase, one of the three suspects was arrested. In February 2004, the casino plans to add Leroy's managed sports book. In April 2004, Leroy was approved to place a betting kiosk terminal at the casino. The sports book started operations in June 2004.
The casino is famous for its inexpensive restaurant specials, and appeals to customers who prefer small casinos. John Woodrum's son, Michael Woodrum, runs his business. During the 2000s, Michael Woodrum was also the main owner of the casino, although John Woodrum continues to retain ownership as well. In 2006, Michael Woodrum speculated that the future of the casino was financially secure: "The area here is growing rapidly and because of the ordinance, you will not see more small casinos opened here, I think the future is bright." Many employees of the Klondike Hotel and Casino, which closed in June 2006, are expected to be moved to Klondike Sunset Casino.
In July 2008, the casino was struggling financially because of the economic crisis. The Las Vegas Sun reported that the casino would be "lucky" if it could generate a profit of $ 5 million that year; had previously generated $ 7.5 million two years earlier. The Woodrum family, which spends $ 1 million on business operations, acknowledge that casinos may not be around for another decade, as they plan to eventually sell properties when they become quite valuable. At that time, the casino has 300 slot machines and eight game tables. In February 2012, the casino was among the seven other businesses cited for the first offense making alcohol sales to minors.
In June 2012, Its Gotta Go LLC filed a lawsuit against Klondike Sunset LLC, claiming the casino owner broke an agreement from the previous month to sell the property. Its Gotta Go has agreed to pay $ 3.56 million for the casino. According to the lawsuit, Its Gotta Go put $ 100,000 into escrow but faced a problem because it has not been licensed as a casino operator. Its Gotta Go accused the casino owner of refusing to approve a lease agreement to continue operating the casino with unlimited game licenses, or extend the time for Its Gotta Go to get a game play license.
In February 2013, the casino was found to be in violation of state regulations, because its minimum bankroll was $ 25,706 short, which could prevent it from paying for potential customer wins. As a result, casino game games are removed and the number of slot machines is reduced from 300 to 65. The casino sport book is then closed in June 2013.
John Woodrum died in January 2014. In March 2014, the Nevada Gaming Control Board filed an eight-count suit against the casino, cited for violations continuing to fail to maintain the minimum bankroll. Ellen Woodrum - wife of John Woodrum and current casino owner - reached a tentative agreement that month with the Gaming Control Board to file a weekly bankroll report to the state for one year. The determination between Woodrum and the Gaming Control Board was approved the following month.
Closure and reopening
The casino, still struggling financially, closed on August 15, 2014, during pending sales to CG Enterprises owned by Carl Giudici. Giudici previously had many other casinos. The sale was completed in September 2014. That month, Giudici received approval from Henderson City Council for casinos to retain its zoning for an unlimited gambling business license and for non-limited liquor licenses for one year during closing, allowing it to remain closed for a period it's for renovation. Giudici has planned to reopen the casino as The Mint. The first casino of Giudici - opened in Sparks, Nevada, in 1984 - also named The Mint Casino.
In June 2015, Giudici said the renovation has been delayed due to recent health problems, which limits his spare time. As a result, most of the time Giudici spent primarily on selling his Luck Club casino, although he hopes to use the profits from the sale to complete the renovation at The Mint. Giudici is expected to reopen the casino on April 2, 2016. Due to unforeseen circumstances, CG Enterprises is unable to continue its renovation plan, and sells casinos to Bruce Familian and Jon Athey in December 2015. In March 2016, a $ 542,000 remodeling is being planned.
After extensive and lengthy renovations, Klondike Sunset Casino reopens on the night of August 3, 2016, with a special VIP opening held at 6:00 am, followed by opening to the public at 9:00 pm. The casino employs about 70 people at the time, and exclusive slot machines, without table games. Klondike Sunset Casino is the first new casino to open in Las Vegas Valley since SLS Las Vegas in August 2014. The casino opens with 225 slot machines, and an expanded 24-hour restaurant known as Sarah's Kitchen, is named after the Familian wife. A small sports book is expected to open in the casino in October 2016.
Nevada Gaming Partners LLC, a Familian company that opens and operates casinos, filed for Chapter 11 bankruptcy in November 2016. In October 2017, the bankruptcy of Nevada Game Partnership was changed to the dissolution of Chapter 7 due to the discontinuance in disputes between creditors regarding the familian continued operations of the casino. After bankruptcy changed, Familian and Las Vegas lawyers Brian Shapiro prepared to sell the casino through an auction but they wanted to stay open during the process. On November 30, 2017, the Nevada Gaming Commission held an emergency meeting and unanimously approved Shapiro to take over as bankruptcy trustee for Nevada Gaming Partners and to continue operating the casino, which had been scheduled to close that night and led to the termination of about 50 employees. The casino auction has been scheduled for December 19, 2017. In February 2018, Giudici plans to buy back the casino from Familian, with sales expected to be completed in March. The long-awaited sports book, operated by William Hill, opened in March 2018.
Maps Klondike Sunset Casino
References
External links
- Official website
Source of the article : Wikipedia
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