SPARKS, Nev. (AP) - The shuttered Silver Club casino in Sparks will go up for auction Dec. 23 after a foreclosure notice was issued.

Holder Hospitality Group spokesman Tom Clark said the company agreed to go forward with the foreclosure of the property as part of the Chapter 11 bankruptcy reorganization process.

Six northern Nevada casinos controlled by businessman Hal Holder Sr. made the Chapter 11 filing in June, heading off efforts to get a court-appointed receiver to take over the club.

Holder has been seeking a buyer for the Silver Club since April, when it was listed for $15 million. The casino's closure in January was blamed on the recession.

Northern Nevada Asset Holdings LLC issued the foreclosure notice, claiming that Holder still owes on a $33 million defaulted loan note.

Northern Nevada Asset Holdings acquired the note for $8.5 million from the Federal Deposit Insurance Corporation. The FDIC got the note following a bankruptcy filing by a bank that originally made the loan to Holder.

The foreclosure affects the main casino building as well as its furniture and fixtures.

The federal bankruptcy court filings by the six Holder properties, including the shut-down Silver Club, automatically stayed a Washoe County District Court order appointing a receiver sought by Northern Nevada Asset Holdings.

The other properties are the Commercial Casino and Stockmen's Casino in Elko, Scoreboard Casino in Spring Creek, the El Capitan in Hawthorne and Parker's Model T Casino in Winnemucca. They remain open.

Holder has been involved in talks with several potential buyers for the Silver Club, said Brian Boylan, Holder's president. No offers are on the table.

Max Baer Jr. has considered buying the casino and turning it into Jethro's Beverly Hillbillies Hotel and Casino based on the television sitcom he co-starred in during the 1960s.

"We are just like everybody else," Boylan told the Sparks Tribune. "We wish the economy was better."

The auction is scheduled for 2 p.m. Dec. 23 on the steps of the Washoe County Courthouse.