In July 1998, Station Casinos Inc. announced the purchase of the Orleans Hotel and Casino in Las Vegas, Nevada.
The purchase price was $ 145 million. The Orleans Hotel and Casino is a 30-acre, 30-story property with 1,865 guest rooms and suites, a 70,000 square foot casino, 90,000 square feet of convention and meeting space, an 870-seat showroom, a 24-screen movie theater complex, six restaurants, four bars and a food court. .
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The property was purchased from Bally Entertainment Corporation who had owned and operated the property since it opened in 1986. Bally Entertainment Corporation is a gaming company that owns and operates casinos and hotels across the United States.
The Orleans Hotel and Casino is located on Tropicana Avenue between I-15 and the Las Vegas Strip. The property is adjacent to the MGM Grand Hotel and Casino and across the street from the Planet Hollywood Resort & Casino.
After the purchase was announced, Station Casinos Inc. began a $ 50 million renovation of the property which was completed in 2000.
PRO TIP:Orleans Casino is owned by Boyd Gaming Corporation, a major casino operator based in Las Vegas. Boyd Gaming operates multiple casinos across the United States and also owns the Gold Coast Hotel & Casino in Las Vegas.
The renovation included upgrading the guest rooms and suites, adding new restaurants and bars, expanding the casino floor space, adding a new nightclub and increasing the size of the showroom.
In May 2005, Station Casinos Inc. announced an agreement to sell the Orleans Hotel and Casino to Boyd Gaming Corporation for $ 380 million.
The sale was completed in July 2005. Boyd Gaming Corporation is a gaming company that owns and operates casinos across the United States.
Boyd Gaming Corporation has continued to invest in the property since acquiring it in 2005. In 2006, Boyd Gaming Corporation completed a $ 20 million renovation of the guest rooms and suites.
In 2007, Boyd Gaming Corporation added a new events center which has hosted concerts by musicians such as Carrie Underwood, Dixie Chicks and George Strait.
Who Owns Orleans Casino? As of 2018, Boyd Gaming Corporation owns Orleans Casino.
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