Pegram acquiring Carson Valley Inn

Dec 8, 2009 1:52 AM

Mike Pegram, the successful businessman and race horse owner, is expanding his casino ownership by acquiring the Carson Valley Inn in Minden, Nevada.

Pegram already owns and operates Bodines Casino in Carson City.

Under the plan approved by the Nevada Gaming Control Board last week, Pegram will own just shy of 75 percent of the Carson Valley Inn stock while the Carano family of Reno will hold 22.75 percent. Gaming veteran Richard Burdock will hold the remaining 2.5 percent of the stock.