LAS VEGAS -- The Golden Nugget hotel-casino here officially changed
hands in late January, but you would not know it by looking at the
Purchased by the Poster Financial Group along with the Golden
Nugget Laughlin in a deal valued at $215 million, the former
MGM-Mirage property, at least for the foreseeable future, will
remain as is, according to Dan Shumny, the Golden Nugget's vice
president of marketing.
"They [Poster Financial Group owners Tim Poster and Thomas
Breitling] bought the Golden Nugget because they liked what it
stood for -- Vegas as it used to be," Shumny said.
Even when the property was owned by MGM-Mirage, a hotel-casino
giant, the 58-year-old Golden Nugget -- downtown's largest
hotel-casino with 1,907 guest rooms and a AAA Four Diamond rating
since 1977 -- was known for its small-property feel and personal
"We have many loyal, frequent guests who sort of discovered the
Golden Nugget and now come here many, many times a year," Shumny
"That's the type of [casino] operators [Poster and Breitling]
wanted to be -- the Las Vegas owners of old, on the floor talking
to customers and hanging out in the casino," he added. "That's the
kind of feel that they wanted to reestablish [in] the Golden
A few minor aspects of the property may be tweaked, he said,
including "different limits and odds in the casino, making it more
inviting to gamblers; some new uniforms throughout the property;
and turning Zax into more of a steakhouse."
There also will be more of an effort to link the Las Vegas
Golden Nugget with its sister property in Laughlin.
Before the sale of the two properties, the Golden Nugget
properties were part of a high-profile casino company with multiple
hotel-casino venues, Shumny said.
"They didn't give very much recognition to the downtown
property, and Laughlin pretty much fell off the map," he said.
Now that the two are in a portfolio of independent owners --
tennis star and Las Vegas native Andre Agassi is a 10% investor in
Poster Financial Group -- more will be done to foster their
relationship, such as a shared Web site and casino programs for
slot and table game players that work more closely together and
have reciprocal arrangements, Shumny said.
One aspect of the Golden Nugget Las Vegas that Shumny wanted to
mention is its relationship with travel agents.
"We want to let them know that we still do business with travel
agents and last year paid more than $300,000 in commissions," he
For more information on the property, phone (800) 634-3454 or
To contact reporter Amy Baratta, send e-mail to [email protected] .