Rail City Casino Undergoing Ownership Transfer

Rail City Casino Undergoing Ownership Transfer

Rail City Casino, located in Sparks, Nevada, is currently undergoing an ownership transfer. The casino, which has been a popular destination for locals and tourists alike, is being sold by its current owner, Affinity Gaming, to Maverick Gaming LLC.

The sale of Rail City Casino is part of a larger deal between Affinity Gaming and Maverick Gaming LLC. Maverick Gaming LLC is acquiring a total of three casinos from Affinity Gaming, including the Rail City Casino, the Silver Sevens Hotel & Casino in Las Vegas, and the Stockman’s Casino in Fallon, Nevada.

The sale of Rail City Casino is expected to be completed by the end of 2019, pending regulatory approval. Once the sale is complete, Maverick Gaming LLC will take over operations of the casino.

Maverick Gaming LLC is a relatively new player in the casino industry. The company was founded in 2017 and has quickly grown to become one of the largest casino operators in the state of Washington. The acquisition of the three casinos from Affinity Gaming marks Maverick Gaming LLC’s first foray into the Nevada market.

The new ownership of Rail City Casino is expected to bring some changes to the casino. Maverick Gaming LLC has stated that it plans to invest in the property and make improvements to enhance the overall customer experience. The company has also expressed a commitment to maintaining the current workforce at Rail City Casino.

Rail City Casino first opened its doors in 1978 and has been a fixture in the Sparks community ever since. The casino features over 900 slot machines, a sportsbook, and a William Hill Race & Sports Book. It also has a restaurant, a bar, and a gift shop.

The sale of Rail City Casino comes at a time when the casino industry in Nevada is experiencing significant growth. According to the Nevada Gaming Control Board, statewide gaming revenue increased by 3.1% in August 2019 compared to the same month in 2018. This marks the third consecutive month of year-over-year growth for the state’s gaming industry.

Overall, the ownership transfer of Rail City Casino is expected to be a positive development for both the casino and the community it serves. With Maverick Gaming LLC’s commitment to investing in the property and maintaining its workforce, Rail City Casino is poised for continued success in the years to come.