August 21, 2014
LAS VEGAS (AP) - The owner of three northern Nevada casinos has agreed to a tentative deal to sell the properties for $19.2 million to a private investment group that includes a current officer of the present holding company.
The Las Vegas Review-Journal reports Affinity Gaming announced the sale of the casinos in Reno, Verdi and Dayton to Truckee Gaming on Friday.
Affinity's Chief Operating Officer Ferenc Szony will leave the company to become a managing principal at Truckee Gaming.
The deal is subject to Nevada regulatory approval. Truckee Gaming also agreed to allow Affinity to solicit competitive bids for the three casinos through Sept. 30.
Affinity was formed following the December 2010 bankruptcy reorganization of Herbst Gaming,
Sale of the northern Nevada casinos would leave Affinity with six casinos in southern Nevada.
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