Are you curious about who owns the Riverside Casino Laughlin? Well, buckle up because you’re about to take a ride through the casino’s history and its current owner.
The Riverside Casino Laughlin is making waves in the gambling scene with its luxurious facilities and annual profits, so let’s dive in and find out who’s behind it all.
Key Takeaways
- The Riverside Casino Laughlin has changed ownership multiple times, with the current owner being the Affinity Gaming Group since 2010.
- The casino has proven to be profitable under different owners, with new owners capitalizing on existing customer loyalty.
- The casino offers a full range of gaming, dining, and entertainment options, including over 1,200 slot machines, more than 30 gaming tables, and a poker room.
- The Riverside Casino Laughlin plays a crucial role in funding community services, generating taxes for vital services such as schools, public safety, and infrastructure, while also being the largest employer in the area and providing employment opportunities in the local economy.
Current Owner & Profits
You may be interested to learn that the Riverside Casino Laughlin has had a varied history of ownership and profits.
The casino was founded in 1966 and has been owned by several different companies, including MTR Gaming Group, who owned it from 2006-2013. Since 2013, the casino has been owned by VICI Properties, a real estate investment trust which owns and leases a number of casinos and other entertainment properties.
In its time, the casino has seen varying levels of profits, largely due to the changing ownership structures.
Historical Ownership & Profits
You’ve likely heard of the Riverside Casino Laughlin, which has seen a number of owners over the years and has been quite profitable. It has changed hands multiple times due to free market competition, and each time it has been sold, the new owner has tried to capitalize on the customer loyalty that the pre-existing casino had built up.
The first owners of the Riverside Casino Laughlin were The Gaughan Family, who opened up the casino in 1966.
In 1996, The Mandalay Resort Group purchased the property and invested in a significant expansion and remodel of the casino and its surroundings.
The current owner of the casino is the Affinity Gaming Group, who purchased the casino in 2010.
Facilities of Casino
The Riverside Casino Laughlin offers you a full range of gaming, dining, and entertainment options. Enjoy gaming areas with slot machines, table games, and a poker room, as well as several restaurants and bars.
Plus, if you’re looking for a night of fun, you can catch a live show or comedy performance in the showroom.
With so much to do, you’re sure to have a great time at the Riverside Casino Laughlin.
Gaming Areas
Riverside Casino Laughlin boasts over 1,200 slot machines and more than 30 gaming tables spread throughout its gaming areas. Enjoy a night of gaming in the casino’s many areas, such as:
- A poker room with daily tournaments
- Multiple table games like Blackjack, Craps, and Roulette
- A High Limit gaming area
- Slots and progressive machines
- Golfing opportunities and parking availability
Whether you’re a casual player or a high roller, you’ll find something to enjoy in the Riverside Casino’s gaming spaces. Enjoy the convenience of free parking and golfing opportunities just steps away from the casino floor.
With over 1,200 slots and 30 tables, there’s something for everyone at the Riverside Casino Laughlin.
Restaurants
Enjoy a night out at the Riverside Casino Laughlin with its selection of restaurants and bars. Whether you’re looking for a quick snack or a multi-course meal, the Riverside Casino Laughlin has you covered. Enjoy the view of the Colorado River while you dine at the Riverview Restaurant. Or, for a more casual atmosphere, head to the Riverside Café.
| Restaurant | Cuisine |
|---|---|
| Riverview | Fine Dining |
| Riverside Café | Casual Dining |
| River Bar | Snacks & Drink Specials |
| Slot Machines | Slot Machines |
The River Bar is a perfect spot to grab a quick bite and take advantage of the drink specials. For a more relaxed atmosphere, head to the Riverside Café to enjoy some classic American fare. And for a more upscale experience, try the Riverview Restaurant. No matter which option you choose, you’re sure to have a great time at the Riverside Casino Laughlin.
Entertainment
At the Riverside Casino Laughlin, visitors can enjoy an array of entertainment options to make their night out even more fun. From live music and comedy acts to karaoke and tournaments, there’s something for everyone.
Luxury amenities such as high-end bars and lounges with premium entertainment add to the experience. Plus, guests can join in on the social events such as late-night DJs and big-name acts.
Whatever your entertainment preference, the Riverside Casino Laughlin has something for you.
Current Revenues & Taxes
The taxes generated from Riverside Casino Laughlin’s current revenues help fund vital services in the community. As the largest employer in the area, the casino’s taxation policies significantly contribute to the local economy. It offers a variety of jobs, from housekeeping and food service to security and gaming, and pays out a large portion of its profits in taxes. These taxes are then used for schools, public safety, infrastructure, and other important services.
Riverside Casino Laughlin also pays taxes on gross gaming revenues, which are based on the amount of money it collects from its slot machines, table games, and other gaming activities. These taxes are then funneled into the city’s general fund, which is used to pay for various city services, including police, fire, and road maintenance.
The casino also pays sales taxes on items purchased on its premises, such as food, alcohol, and merchandise. The taxes collected from these items are used to fund local libraries, parks, and other public amenities.