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