Boyd Gaming sells Eldorado Casino

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Boyd Gaming announced Thursday that it has sold the Eldorado Casino in downtown Henderson to Henderson-based DeSimone Gaming. 

The Eldorado Casino has not reopened since the pandemic shuttered the casino Nevada industry for 2 ½ months earlier this year. 

Boyd spokesman David Strow said in confirming the sale, the gaming company isn’t disclosing the terms of the transaction. 

“The Eldorado is a non-core asset to our company, and as we have continued to grow over the years, this property represented a very modest part of our overall business,” Strow said in a statement. 

Boyd has not reopened Main Street Station in downtown Las Vegas and the Eastside Cannery on Boulder Highway. 

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In April 2015, owner Joe DeSimone purchased the historic Railroad Pass Hotel and Casino in Henderson from MGM Resorts International. 

“DeSimone Gaming has expanded its hospitality portfolio with the acquisition of Eldorado Casino in downtown Henderson. Longtime Henderson Joe DeSimone expects to reopen the iconic property in spring 2021 subject to gaming approval,” the company said in a statement. 

The historic Eldorado Casino in downtown Henderson opened on July 1, 1962, marking Bill and Sam Boyd’s first venture into co-owning a casino, according to the casino’s website. 

“It has a colorful history, including being one of the first casinos to market directly to Las Vegas Locals, as well as being among the first casino to have female dealers, but what it will be remembered for most of all is the friendly environment that for many became a home away from home,” the website said. 

About the Author

Buck Wargo

Buck Wargo is a former journalist with the Los Angeles Times and has been based in Las Vegas as a business, real estate and gaming reporter since 2005.

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