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Riviera Holdings
Riviera Holdings Corporation is a defunct casino operator that was based in Winchester, Nevada. It owned two casinos: the Riviera on the Las Vegas Strip, closed in 2015; and the Riviera Black Hawk in Black Hawk, Colorado, sold in 2011. History Riviera Holdings Corporation was formed in 1993, after the Riviera resort on the Las Vegas Strip emerged from Chapter 11 bankruptcy. Riviera opened its second casino, in Black Hawk, Colorado, in February 2000. In June 2002, Riviera Holdings was chosen by officials in Jefferson County, Missouri, who wanted the company to construct and operate a casino approximately 60 miles south of St. Louis. In July 2002, Donald Trump purchased a 9.8-percent stake in Riviera Holdings for $2.2 million. Trump made the purchase for "investment purposes," and said that he had no plans to purchase or to operate the company's Riviera casino in Las Vegas. By that point, U.S. Trust Company of California had also purchased a 9.4-percent stake in the company. By Jan ...
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Winchester, Nevada
Winchester is an unincorporated town and census-designated place (CDP) in Clark County, Nevada, United States that contains part of the Las Vegas Strip. It is one of a number of CDPs in the unincorporated urbanized area directly south of Las Vegas. The population was 36,403 at the 2020 census. It is governed by the Clark County Commission with advice from the Winchester Town Advisory Board. "Winchester, NV" does not appear in postal addresses; the United States Postal Service has assigned "Las Vegas, NV" as the place name for the ZIP codes containing Winchester. History The southern part of the Las Vegas Valley was referred to as Paradise Valley as early as 1910, owing to a high water table that made the land particularly fertile for farming. County commissioners established a Paradise school district in 1914. In 1950, mayor Ernie Cragin of Las Vegas sought to annex the Las Vegas Strip, which was unincorporated territory, in order to expand the city's tax base to fund hi ...
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Boston, Massachusetts
Boston is the capital and most populous city in the Commonwealth (U.S. state), Commonwealth of Massachusetts in the United States. The city serves as the cultural and Financial centre, financial center of New England, a region of the Northeastern United States. It has an area of and a population of 675,647 as of the 2020 United States census, 2020 census, making it the third-largest city in the Northeastern United States after New York City and Philadelphia. The larger Greater Boston metropolitan statistical area has a population of 4.9 million as of 2023, making it the largest metropolitan area in New England and the Metropolitan statistical area, eleventh-largest in the United States. Boston was founded on Shawmut Peninsula in 1630 by English Puritans, Puritan settlers, who named the city after the market town of Boston, Lincolnshire in England. During the American Revolution and American Revolutionary War, Revolutionary War, Boston was home to several seminal events, incl ...
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Companies Based In Winchester, Nevada
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ...
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Reno, Nevada
Reno ( ) is a city in the northwest section of the U.S. state of Nevada, along the Nevada–California border. It is the county seat and most populous city of Washoe County, Nevada, Washoe County. Sitting in the High Eastern Sierra foothills, in the Truckee River valley, on the eastern side of the Sierra Nevada, it is about northeast of Lake Tahoe. Known as "The Biggest Little City in the World", Reno is the List of United States cities by population, 78th most populous city in the United States, the List of cities in Nevada, third most populous city in Nevada, and the most populous in Nevada outside the Las Vegas Valley. The city had a population of 264,165 at the 2020 United States census, 2020 census. The city is named after Civil War Union major general Jesse L. Reno, who was killed in action during the American Civil War at the Battle of South Mountain, on Fox's Gap. Reno is part of the Reno, NV Metropolitan Statistical Area, Reno–Sparks metropolitan area, the second-m ...
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Atlantis Casino Resort
The Atlantis Casino Resort Spa (formerly Golden Road Motor Inn, Travelodge, Quality Inn and Clarion) is a hotel and casino located in Reno, Nevada. It is owned and operated by Monarch Casino & Resort, Inc. Its three hotel towers have a combined 824 guest rooms and suites. The casino floor spans 64,814 sq ft. Often known simply as "Atlantis," it is one of Reno's most profitable and luxurious properties, competing directly with Peppermill Hotel Casino and Grand Sierra Resort for customers. Nearly $150 million has been spent on upgrading the facility. History Golden Road Motor Inn (1972–1979) Prior to 1972, the present-day Atlantis was home to the Golden Road Motor Inn, a 142-room motel. In that year, the property was purchased by the Farahi family. The purchase included with it a restaurant on the site known as the Copper Kettle. Travelodge (1979–1986) Shortly after the purchase, a franchise agreement was signed with Travelodge. Quality Inn (1986–1991) In the late 1980s ...
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Monarch Casino & Resort
A monarch () is a head of stateWebster's II New College Dictionary. "Monarch". Houghton Mifflin. Boston. 2001. p. 707. Life tenure, for life or until abdication, and therefore the head of state of a monarchy. A monarch may exercise the highest authority and power in the Sovereign state, state, or others may wield that power on behalf of the monarch. Usually, a monarch either personally inheritance, inherits the lawful right to exercise the state's sovereign rights (often referred to as ''the throne'' or ''the Crown, the crown'') or is elective monarchy, selected by an established process from a family or cohort eligible to provide the nation's monarch. Alternatively, an individual may self-proclaimed monarchy, proclaim oneself monarch, which may be backed and Legitimacy (political), legitimated through acclamation, right of conquest or a combination of means. If a young child is crowned the monarch, then a regent is often appointed to govern until the monarch reaches the requisi ...
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Golden Gate Hotel And Casino
The Golden Gate Hotel & Casino is located at One Fremont Street in Las Vegas, Nevada, United States. A part of the Fremont Street Experience, it is the oldest and smallest hotel (122 rooms) on the Fremont Street Experience. John F. Miller initially opened a temporary tent hotel – the Miller Hotel – on the property in 1905, while he planned to construct Hotel Nevada, a permanent hotel structure. The first record of Hotel Nevada being open is a blurb in Las Vegas Age on January 13, 1906. A casino operated within the hotel until a statewide gambling ban took effect in 1909. In 1931, the property was expanded and renamed as Sal Sagev ("Las Vegas" spelled backwards). In 1955, Golden Gate Casino, a separate business, opened on the ground floor of the hotel. The entire property was renamed as the Golden Gate Hotel and Casino in 1974 after the casino bought the hotel. The property has been a hotel since 1906, the oldest in Las Vegas. It has been a consistently operating hotel and casi ...
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Derek Stevens
Derek Stevens (born September 17, 1967) is an American businessman who owns several hotel-casinos in downtown Las Vegas. Stevens, along with his brother Greg, purchased the Golden Gate Hotel and Casino in 2008, followed in 2011 by Fitzgeralds, which they renamed as The D Las Vegas. He also owned the Las Vegas 51s baseball team from 2008 to 2013, and built the Downtown Las Vegas Events Center in 2014. Stevens and his brother purchased the Las Vegas Club in 2015, and the Mermaids Casino a year later, demolishing both to build the Circa Resort & Casino. Stevens also launched Circa Sports, a chain of sportsbooks. Since the 1990s, he has also served as the CEO of Cold Heading Company, a manufacturer of auto parts that is based in his home state of Michigan. Early life and education Stevens was born on September 17, 1967, in Detroit, Michigan. His father John Stevens was an architect, and his mother, Betty, was a high school teacher who had studied math and physics. His grandfather, ...
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Starwood Capital Group
Starwood Capital Group is an investment firm headquartered in Miami Beach, Florida. It is managed by Barry Sternlicht. It was co-founded by Sternlicht and Robert Faith in 1991. In 1993, Faith left Starwood to found Greystar Real Estate Partners. History In 1991, at the age of 31, Sternlicht launched the firm to buy apartment buildings that were being sold by the Resolution Trust Corporation, created by the federal government to hold and liquidate the real estate assets owned by failed banks after the savings and loan crisis. Sternlicht raised $20 million from the families of William Bernard Ziff Jr. and Carter Burden of New York to fund these purchases. In 1993, the company contributed the apartment portfolio to Sam Zell's Equity Residential in exchange for a 20% stake in the company. In 1994, in partnership with Goldman Sachs, the company purchased Westin Hotels & Resorts in a $561 million transaction. In January 1995, Starwood purchased Hotel Investors Trust, an al ...
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Shareholder Rights Plan
A shareholder rights plan, colloquially known as a "poison pill", is a type of defensive tactic used by a corporation's board of directors against a takeover. In the field of mergers and acquisitions, shareholder rights plans were devised in the early 1980s to prevent takeover bids by limiting a shareholder's right to negotiate a price for the sale of shares directly. Typically, such a plan gives shareholders the right to buy more shares at a discount if one shareholder buys a certain percentage or more of the company's shares. The plan could be triggered, for instance, if any one shareholder buys 20% of the company's shares, at which point every other shareholder will have the right to buy a new issue of shares at a discount. If all other shareholders can buy more shares at a discount, such purchases would dilute the bidder's interest, and the bid cost would rise substantially. Knowing that such a plan could be activated, the bidder could be discouraged from taking over the corpor ...
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Nevada
Nevada ( ; ) is a landlocked state in the Western United States. It borders Oregon to the northwest, Idaho to the northeast, California to the west, Arizona to the southeast, and Utah to the east. Nevada is the seventh-most extensive, the 32nd-most populous, and the ninth-least densely populated U.S. state. Nearly three-quarters of Nevada's population live in Clark County, which contains the Las Vegas–Paradise metropolitan area, including three of the state's four largest incorporated cities. Nevada's capital is Carson City. Las Vegas is the largest city in the state. Nevada is officially known as the "Silver State" because of the importance of silver to its history and economy. It is also known as the "Battle Born State" because it achieved statehood during the Civil War (the words "Battle Born" also appear on its state flag); due to the presidency of Abraham Lincoln, the Union benefited immensely from the support of newly awarded statehood by the infusion of t ...
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Fabrizio Boccardi
Fabrizio Boccardi is an Italian-American entrepreneur and investor. He is known for his investments and ventures in real estate, hospitality, media and technology. Boccardi created a fictional character "The Tyrant", a Las Vegas Casino owner, who has been the subject of two books and rumored deals for comics and movie franchises. Boccardi has attempted to buy control of a Las Vegas casino and has announced intentions to create a casino and gaming franchise based on the fictional character. In the technology sector he is known for his ventures and investments in new technology for commerce. Early life Boccardi was born in Milan, Italy; his father Giampiero Boccardi, was a businessman in Italy with holdings in construction, insurance and financial services. Boccardi attended the Leone XIII school in Milan, and then the Ophenaimer. He continued his studies in the United States, attending Villanova Preparatory School, in Ojai, California, but was unable to finish his junior year wh ...
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