Szony, said: “We just couldn’t come to an agreement on Rail City.

However, the price for the acquisition of Rail City Casino has not yet been disclosed and the transaction is projected to be completed by the end of 2023, pending Nevada regulatory approval.Ĭommenting on the sale when it was first revealed last week, Mr. With this sale, the casino will return to the hands of its former owner.Īfter being officially acquired by Herbst Gaming more than a decade ago, Szony, who is the operating partner and CEO of Truckee Gaming, managed Rail City and few other Northern Nevada gaming properties.įurthermore, two years after Herbst’s bankruptcy reorganization ended in 2011, Szony, who became Herbst’s CEO in 2007 and led the company post-bankruptcy, regained ownership of the 3 casinos when he founded Truckee Gaming in 2012.

Betting on sports futures, props and lay betsĬasino Sales, Latest Casino and Gambling News, U.S.A., Las Vegas, Casino News, Gaming Law & Legislation, New Hotels, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Conferences / Trade Shows, Licenses, Online Gambling News, Mergers, Acquisitions & Partnerships, Licensing, NevadaĪffinity Gaming, a privately held casino and sports wagering company based in Paradise near Las Vegas, Nevada, formerly known as Herbst Gaming and Affinity Gaming, reported last week that it is selling Rail City Casino in Sparks to Reno-based Truckee Gaming.

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