Nugget Casino Resort
Century Casinos Completes Acquisition of Nugget Casino Resort Operations for $100M From Marnell
Century Casinos, Inc. | April 4, 2023
COLORADO SPRINGS, Colo., April 4, 2023 -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) ("Century Casinos" or the "Company"), announced that it completed the acquisition of the operations of the Nugget Casino Resort ("Nugget") from Marnell Gaming, LLC ("Marnell") for approximately $100 million (the "Acquisition") on April 3, 2023. Prior to the Acquisition, in April 2022, the Company purchased from Marnell 50% of the membership interests in Smooth Bourbon LLC ("Smooth Bourbon"). Smooth Bourbon owns the land and building on which the Nugget is located. The Nugget and Smooth Bourbon have a lease agreement for the land and build...
Century Casinos Enters Into Definitive Agreement to Acquire Nugget Casino Resort in Nevada
Century Casinos, Inc. | February 23, 2022
COLORADO SPRINGS, CO - February 23, 2022 - Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) ("Century Casinos" or the "Company"), announced that it entered into a definitive agreement to acquire 50% of Smooth Bourbon, LLC ("PropCo") and 100% of Nugget Sparks, LLC ("OpCo") dba Nugget Casino Resort ("Nugget") from Marnell Gaming, LLC for $195 million. The Company will also have a five-year option to purchase the remaining 50% of PropCo for $105 million plus 2% per annum. The Company will purchase its 50% interest in PropCo for $95 million, which represents a capitalization rate of 7.9% based on preliminary 2021 numbers. PropCo ow...
Krissi Grubka Named Director of Sales for Dual-Brand Courtyard by Marriott/Residence Inn Syracuse Downtown at Armory Square
New Castle Hotels & Resorts | June 3, 2019
SHELTON, Conn. -- June 3, 2019—Julie Martin Barfield, general manager of the Courtyard by Marriott/Residence Inn Syracuse Downtown at Armory Square announced today that Krissi Grubka, has been named director of sales for the180-room, dual-brand hotel. Most recently, Grubka was the sales and marketing manager for the Sheraton Syracuse University Hotel and Conference Center where she was responsible for group and business transient sales. She began her hospitality career at the Best Western Plus in East Syracuse where she was the director of sales and marketing. "Krissi brings tremendous market knowledge to this job, and an early backgr...
