[{"_1":2,"_112":-5,"_113":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,76,88,100],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},"mediaId",6455546,"mediaKeyId","5827490-8c1d8743a583d95963e6b51e84e5ed0b","parentId",5827490,"title","Nevada commission approves multiple Red Rock Resorts actions including new 76 Taverns locations and securities filing","audioSeconds",2432,"startMs",7344000,"endMs",9776000,"viewUrl","/Search/View?dp=1&key=5827490-8c1d8743a583d95963e6b51e84e5ed0b&start=7344&end=9776","thumbnailUrl","https://assets.pipeline.soar.com/5827490-8c1d8743a583d95963e6b51e84e5ed0b/thumbnail_7344000.jpg","articleUrl","/articles/6455546/Nevada/Nevada-commission-approves-multiple-Red-Rock-Resorts-actions-including-new-76-Taverns-locations-and-securities-filing","mediaUrl","https://secure.pipeline.soar.com/6455546-b1a3798f6191af326ddd52c2ad113306/orig.mp4?Expires=1770564042&Signature=BtXTBh5djYln~h~jJWvriZvb~F3K-mrH1HInX5xpbX0iOwdsh-AwWhRpoc78dCbenk5iBAA28gew3grAKZrejnx5KQECBt3Ns7~nIefaB80WZnI7cmhz7RNY~wSiE9Pg0su07GiNOfLifjb5lBmdEfNzSOnpYA9zFHlyYrpkRlVOdtwhW-5oKQwtjkA5h65yftJVfMmxqJ9gd8eUqXZAgXKgfU7vh4SuZMyizbVxTIvBMUe2dFKhfYx1OyXKdkC9FXynafbmTkFxVVzZ4naY6HJrHKS5m4X24nKYoLivabt~IxN3rNgaKiZO3tUG54yY-CajllD8mWm6q3Tz2UxMbg__&Key-Pair-Id=KUT5TJCACFTXG","author","Nevada Gaming Control Board & Commission","date","2025-09-25T22:17:22.253Z","article","The Nevada Gaming Commission on Sept. 25 approved multiple applications from Red Rock Resorts and affiliated entities, clearing personnel and business items that will fund and expand the company's local‑market strategy.

Actions included approval of Cord Nichols for a finding of suitability and licensure as an officer/key executive, licensing for multiple 76 Tavern locations (including the Union Village project), an amendment to Red Rock’s order of registration for an SCT entity, and approval of a continuous or delayed public offering order for Red Rock Resorts. The Gaming Control Board had recommended approval of each item with the conditions noted on the agenda.

Cord Nichols, promoted recently to chief operating officer overseeing 19 properties, told commissioners he has spent 17 years with Station Casinos and described his community work, including service with local food banks and Hope for Prisoners. Commissioners praised Nichols’ experience and the company’s investments in staff and local communities.

Red Rock’s tavern expansion — branded 76 Tavern — drew several operational questions on pipeline locations and schedules. Counsel said the Union Village site (Galleria 95) will be among the new builds, with additional locations planned, including Fort Apache & Gomer, Silverado & Arville, Park Highlands and others; one 76 Tavern will be a purchase rather than a new build. The company said it aims to open the Union Village location in mid‑March and that most will be new builds.

Red Rock Chief Financial Officer Steven Cooty provided a high‑level update on corporate finances when commissioners asked about the company’s funding capacity for development projects. He said the company completed a financing last year and now has a conservatively leveraged balance sheet. He told commissioners that the Revolver had been used but that bank syndicate members expressed willingness to expand facilities if needed. Cooty also described a multi‑hundred‑million‑dollar capital plan covering refreshes and expansion projects at Durango, Green Valley Ranch and Sunset Station.

Commissioners voiced support for Red Rock’s local‑market strategy while asking for clarity about project timing, parking and how new high‑limit rooms and suites fit into a diversified local portfolio. The commission approved all Red Rock items as recommended by the Gaming Control Board.

What’s next: Red Rock expects to proceed with approvals and construction schedules for the new 76 Tavern pipeline and to continue phased capital work at the named properties; the continuous offering order enables financing flexibility under the conditions approved by the board.","mediaType","Video","parentTitle","September 2025 Nevada Gaming Commission Meeting","oneSentenceSummary","The commission approved several Red Rock Resorts items: registration amendments, a 76 Tavern licensing for Union Village and other locations, a continuous offering order and related officer approvals; Cord Nichols was cleared for an officer role.","taxTitle","Nevada Gaming Control Board, Executive Agencies, Organizations, Executive, Nevada","taxId",24266,"location","Nevada","headline","","shortSummary",{"_33":77,"_35":36,"_37":38,"_39":78,"_41":79,"_43":80,"_45":81,"_47":82,"_49":83,"_51":84,"_53":85,"_55":56,"_57":58,"_59":86,"_61":62,"_63":64,"_65":87,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6455550,"Commission adopts swifter rules for gaming salons, lowers financial threshold and adds poker option",3285,10742000,14027000,"/Search/View?dp=1&key=5827490-8c1d8743a583d95963e6b51e84e5ed0b&start=10742&end=14027","https://assets.pipeline.soar.com/5827490-8c1d8743a583d95963e6b51e84e5ed0b/thumbnail_10742000.jpg","/articles/6455550/Nevada/Commission-adopts-swifter-rules-for-gaming-salons-lowers-financial-threshold-and-adds-poker-option","https://secure.pipeline.soar.com/6455550-d4a412b5e4ef8b78a57dae5b2dfcb741/orig.mp4?Expires=1770564042&Signature=fCllqiHcGoCkjt8IXSY9D~f5nCYHgRoZ2otIvdm4yVncZdNs7phJLl9KVKDNn7gNsOajTNYrDH8SDLi2V9ZccbTD7KLA0q4z1CuZs7TuNfwJtNSg0Otww2QOAR7eEH~PPJeCPcxQlEVkPPs948KJV1-jHGmNGIam4vYpMxZW2EV9lfGxup26NuBqP7VwBq82pSQGDe23hG7VtaYb7aVeI0xQHLtZFBPP3JbhG99iyBmgEvEw6ofrED8rciqa6GjwBEGn~HzlxVYElHQmg25QMqsWrQ2e~t0g6HOl-j8vegcRDxbImUDTO7DdE42~NYk5t6vnInFTciDcibquXRduFg__&Key-Pair-Id=KUT5TJCACFTXG","The Nevada Gaming Commission adopted changes on Sept. 25 to its regulation governing private gaming salons, lowering the minimum financial criterion for salon admission and adding new operational flexibility, including explicit support for private poker salons.

Regulation changes approved by the commission follow a months‑long process that began with an industry workshop in December 2024 and subsequent legislation this year (SB 459). The amendments replace the previous $300,000 admission benchmark with a $20,000 standard set in regulation while also authorizing the board chair to approve alternate financial criteria for licensees that demonstrate a record of compliant salon operations.

The changes implement four principal updates that emerged from stakeholder discussions: lower financial admission criteria, express inclusion of poker as a potential salon game, permit licensees to set slot machine minimums (with a regulation floor of $5 where required by statute), and allow patrons’ guests to remain in salons longer without their principal being present.

Senior Deputy Attorney General John Mikaela presented the draft to the commission and explained the policy rationale: the salon concept was created in 2001 to allow private, high‑stakes play that could draw high‑value patrons into Nevada while preserving the general statutory policy that gaming be open to the public. Mikaela told the commission the $20,000 figure reflects market changes, the growth of non‑gaming revenue streams and the need to be competitive for privacy‑seeking patrons who may still generate significant lodging, food and entertainment revenue.

The regulation also adds poker explicitly as an allowable salon game, with a tailored financial rule: poker players who are salon patrons must meet the salon admission criteria, but a salon‑style poker table may be operated with a minimum buy‑in of $10,000 per participant provided the overall minimum table buy‑in equals or exceeds $20,000.

Commissioners and enforcement staff debated operational details at length, particularly logging and surveillance rules and how to handle the presence and movement of salon guests. Chief of Enforcement Nicole Torgerson and commissioners discussed how guests should be recorded and whether a guest who remains in a salon after the sponsoring patron leaves should be logged or allowed to return. The commission amended the proposed draft on the floor to require logs to record entries and exits for both salon patrons and guests so enforcement will have a clearer audit trail.

Industry representatives, including the Nevada Resort Association and casino executives, supported the changes as necessary to maintain Nevada’s competitiveness and to attract high‑value patrons whose on‑site spending benefits the state beyond casino wagers. The association emphasized the amendments preserve regulatory oversight while enabling operators to offer private hospitality services that now often accompany major entertainment and sports events.

Enforcement officials said the board will use a merit‑based approach to allow lower thresholds for operators who build a validated compliance record; the regulation gives the chair authority to approve different financial thresholds upon demonstration of a strong history of compliant salon operations. Chief Torgerson said enforcement and investigations divisions will review operator records and that the chair may require additional measures to ensure the public has access when a salon is temporarily converted to public gaming.

The commission adopted the draft regulation, as amended on the floor to expand logging to include guests, effective on adoption. Commissioners said they would continue to monitor implementation and that enforcement staff had the authority and plans to perform inspections and spot checks. The change is the most substantial update to Nevada’s salon rules since their creation in 2001 and is designed to reflect changes in customer behavior and the broader entertainment economy.

What to watch: Implementation guidance from the Gaming Control Board and the chair’s office will determine how licensees apply for alternate threshold approval and how enforcement monitors compliance at salons across Nevada.","The Nevada Gaming Commission adopted amendments to gaming‑salon regulation that lower the admission financial criteria from $300,000 to $20,000, add poker as an allowable salon game with special buy‑in rules, and authorize the board chair to approve alternate thresholds for trusted operators.",{"_33":89,"_35":36,"_37":38,"_39":90,"_41":91,"_43":92,"_45":93,"_47":94,"_49":95,"_51":96,"_53":97,"_55":56,"_57":58,"_59":98,"_61":62,"_63":64,"_65":99,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6455555,"Nevada approves Blueberry Gaming licences after probing responsiveness, imposes four-year limits on two Catalyst principals",5855,778000,6633000,"/Search/View?dp=1&key=5827490-8c1d8743a583d95963e6b51e84e5ed0b&start=778&end=6633","https://assets.pipeline.soar.com/5827490-8c1d8743a583d95963e6b51e84e5ed0b/thumbnail_778000.jpg","/articles/6455555/Nevada/Nevada-approves-Blueberry-Gaming-licences-after-probing-responsiveness-imposes-four-year-limits-on-two-Catalyst-principals","https://secure.pipeline.soar.com/6455555-433d9c375de3fd68115ac4c4b8b644d9/orig.mp4?Expires=1770564042&Signature=j0xiQ3d9mDRpUXBm8mgTmeYvLMeU9i9SNy0-bNYm-vBwey3E8v6RNGsxQ3DImtDtt7iKfBrZn7kpv-XG1lYUCgOIRZGEIwK5wvGoeOYkTCEuIxsCWPrrWvKgDMTRyoV1gtEjGAKbLY89uLLYhz2mzCzofe82yH~xkP51vbfFjTgiwPqBBKG4W0X7HkFP~FFXnMkQj2yuqGta~h-atRpM3iZn-LkJ0PsEvv88~ig1~SqlbqdjkWqpHmvg~DOdyXSGIRHY5pwHSYm0xBPiCB94UnIX-JTjyiH1H74Oh-fwrooJF94gjtEF5wD86RQuahDk93X-GCS7eap63AlxUu3QXw__&Key-Pair-Id=KUT5TJCACFTXG","The Nevada Gaming Commission on Sept. 25 approved a suite of license and suitability applications for Blueberry Gaming USA and related entities, finding the company fit to operate in Nevada but placing a four-year limitation on two Catalyst Capital principals and requiring a $50,000 revolving fund for investigative review.

Blueberry Gaming USA and its private-investment holding companies won approval after commissioners and state investigators examined the firm's responsiveness to regulatory inquiries, governance structure and financing. The commission adopted conditions recommended by the Gaming Control Board that limit certain individual approvals and require Blueberry Canada to fund an investigative revolving account with the board.

The decision closes a lengthy approval process that included an earlier hearing before the Gaming Control Board. Catalyst Capital Group, a Toronto-based private equity firm and majority investor in Blueberry's parent entities, and executives from Blueberry appeared in Las Vegas to answer commissioners’ questions about past delays in the licensing investigation, company governance and financing.

Newton Glassman, managing partner of Catalyst, apologized to the commission for early investigation delays during his remarks. “I want to begin this morning by apologizing for any delay caused by my unintentional and my firm’s unintentional inattention to initial document requests,” he said during the hearing, adding his firm had revised its processes to ensure timely cooperation in Nevada going forward. Blueberry’s chief executive, Andrew Burke, framed the company’s Nevada expansion as part of a long-term commitment: “Nevada is our home,” he told commissioners during the presentation.

Commission questions focused on several areas: who ultimately controls business decisions given Catalyst’s private‑equity ownership and a single independent board director; the company’s long‑term financing and leverage after a $45 million term loan and $10 million revolver; the structure and valuation mechanics of the management long‑term incentive (a “phantom equity”/LTIP); and the company’s compliance arrangements, including the plan to add a full‑time compliance officer. Catalyst’s representatives said the company has the liquidity and bank support to fund near‑term growth and that the bank syndicate indicated willingness to expand facilities if needed.

Concern about the pace and completeness of initial disclosures led commissioners to insist on explicit limitations for two Catalyst principals. The commission voted to find Newton Glassman and Gabriel De Alba suitable as controlling shareholders subject to a four‑year limitation scheduled to expire at midnight on the date of the commission’s September meeting in 2029. Commissioners cited improvements in responsiveness after Catalyst’s senior involvement but said the limitation creates time for the firm to demonstrate consistent cooperation with Nevada regulators.

A second motion approved the remaining applications tied to Blueberry’s licensure — including the company’s U.S. manufacturing and distribution license and related officer and key‑employee approvals — with a condition requiring Blueberry Gaming Canada to fund and maintain a $50,000 revolving fund with the Nevada Gaming Control Board. The fund is intended to cover investigative or compliance monitoring costs the board incurs regarding Blueberry and its affiliated entities.

Commissioners credited the Gaming Control Board’s investigative work and said the conditions strike a balance between enabling investment and protecting Nevada’s regulatory interests. Chair Tagliotti and enforcement staff said they will monitor compliance closely and that the chair’s office may impose additional terms or rescind special authorizations if a licensee’s performance deteriorates.

The approvals were unanimous at the public vote. The commission’s actions were described on the record as approvals with conditions recommended by the Gaming Control Board; some commissioners stressed the expectation that the licensees sustain high transparency and cooperation going forward.

What’s next: Blueberry executives and Catalyst said they will proceed with Nevada operations and that planned hires — including a dedicated compliance officer — were already underway. The commission’s limitation on the two controlling shareholders and the fund requirement will be enforceable conditions of the licenses.

The approvals and the limitations follow two weeks of public and board‑level hearings and a thorough investigative record assembled by the Gaming Control Board.","The Nevada Gaming Commission granted licensure and suitability findings to Blueberry Gaming USA and associated Catalyst Capital principals after extended review, imposing a four-year limitation on two controlling shareholders and conditions including a $50,000 investigative revolving fund.",{"_33":101,"_35":36,"_37":38,"_39":102,"_41":103,"_43":104,"_45":105,"_47":106,"_49":107,"_51":108,"_53":109,"_55":56,"_57":58,"_59":110,"_61":62,"_63":64,"_65":111,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6455541,"Truckee Gaming to buy Poker Palace in North Las Vegas; company pledges employee rehiring and major remodel",150,9899000,10049000,"/Search/View?dp=1&key=5827490-8c1d8743a583d95963e6b51e84e5ed0b&start=9899&end=10049","https://assets.pipeline.soar.com/5827490-8c1d8743a583d95963e6b51e84e5ed0b/thumbnail_9899000.jpg","/articles/6455541/Nevada/Truckee-Gaming-to-buy-Poker-Palace-in-North-Las-Vegas-company-pledges-employee-rehiring-and-major-remodel","https://secure.pipeline.soar.com/6455541-aa3c1f863f7d955aa9fe22ac0bf8055b/orig.mp4?Expires=1770564042&Signature=HAjWweCdnkXdrWLLffphKq~rNa5j5nWwbqX~UGsfDST7N1hmFjGUnprsyzlp1jEwBe3mbb5Xy0aIym8kXgE7jv6pP3piMBikLpDXi~udvJqCuLKvwuQBTSCaY3qtFKBuS1xkmCTVvXA4jOOSpW18lyESv14z5JnPspakjItjbsxRe3R3G2DWGYkvdeZhp73G9uGWOniMDcq0-XVwrSYLtaQAs4jk2AZblVIU~2~19QwLxfuCg0KyfxW7bLAgCBjtWs3KoZYHUHirjWsbTObbGE2s9bIQ0RiqI2ykSUEr3OmuISpAxBrU2nPU44EzQMCXUJ6R-yQpTlEWuCRlwdwnQw__&Key-Pair-Id=KUT5TJCACFTXG","The Nevada Gaming Commission on Sept. 25 approved Truckee Gaming LLC’s purchase of the Poker Palace casino in North Las Vegas and related licensure items for the operator and its principals.

Truckee executives said the acquisition agreement was signed in May and closing is scheduled for Oct. 1. The new owner plans an extensive remodel and refurbishment; Truckee told the commission it will seek a temporary closure to perform construction work with the goal of reopening in the first quarter of next year. The company said the purchase price was financed primarily from cash on hand paired with bank financing, and that Columbia Bank will provide credit facilities for part of the transaction.

Truckee CEO Ferrant Zoni appeared by video and Chief Operating Officer Peter McHugh joined in person; they emphasized the buyer’s intent to preserve jobs. McHugh told commissioners Truckee will keep salaried and security staff on payroll and will offer priority rehire and benefits to laid‑off hourly workers when the remodeled Poker Palace reopens. Company counsel told the board the seller’s employees would have priority and would maintain their seniority if they return. Truckee estimated just over 100 non‑salaried employees were affected by the temporary closure and said those staff would have job priority when the property reopens.

The Gaming Control Board recommended approval with the conditions reflected on the agenda; commissioners voted to approve the transfer and licensure applications. The board and counsel said the remodel would begin after closing and that Truckee will return to the Gaming Control Board and commission with final reopening plans and pre‑opening inspections.

What’s next: Truckee will close the property temporarily after closing, start renovation work and return to the Gaming Control Board before reopening for final inspections. The company estimated the major remodel would take several months and said it expects to complete work around the end of Q1 next year.","Truckee Gaming LLC won commission approval to buy Poker Palace in North Las Vegas. The buyer said it will close Oct. 1, temporarily close the site for a major remodel to finish by Q1 next year, and prioritize rehiring salaried staff and offer returning employees priority for hourly positions.","actionData","errors"]

Article not found

Nevada commission approves multiple Red Rock Resorts actions including new 76 Taverns locations and securities filing

Commission adopts swifter rules for gaming salons, lowers financial threshold and adds poker option

Nevada approves Blueberry Gaming licences after probing responsiveness, imposes four-year limits on two Catalyst principals

Truckee Gaming to buy Poker Palace in North Las Vegas; company pledges employee rehiring and major remodel