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Nevada Gold & Casinos, Inc. is a company management team that specializes in developing gaming facilities in conjunction with corporations based in Houston. Some of these developments also include lodging areas that are found in South Dakota and Washington. Having been headquartered in Houston, Texas for quite some time, the group recently announced that they would be closing its Texas doors and heading some of their operations to Las Vegas and naming that location the company’s headquarters. The move will also allot some of the responsibilities of the company to the Seattle, Washington office as well.
One of the main components of this decision was that it would possibly save the company over $750,000 each year. The official move will be completed sometime in 2013. Another reason that Nevada Gold & Casinos, Inc. has decided to relocate is that the company heads see it as an opportunity to further expand their development projects. Through this anticipated move in the first quarter of next year, the company will not only implement these notions to save costs but to conduct organizational changes. Additionally, this will give Nevada Gold & Casinos the chance to approach other possibilities of extended growth and acquisition.
Nevada Gold & Casinos, Inc. acquired a gaming license in Nevada in January, 2012 and this will also allow the company to acquire some stake in The Nugget casino in Reno, Nevada. The main priority of Nevada Gold is to encourage investors to purchase stake and take ownership in these gaming and lodging facilities.
In addition to Nevada Gold & Casinos’ big move to Las Vegas, the company has also teamed up with the NYX Gaming Group in order to create a social gaming website. This is also anticipated to launch in early 2013 and will allow users to play numerous casino games for fun such as slots, poker and other table games. The company will offer incentives to visit the actual Nevada Gold & Casinos locations to players.
In addition to the current developments by Nevada Gold & Casinos, Inc., the company currently operates, manages and owns ten individual gaming facilities in Washington, known as Washington Gold. An additional location in South Dakota consists of 950 slot machines known as South Dakota Gold. The company has also created a relationship with Buena Vista Development Company, LLC in order to potentially create a Native American casino in Ione, California. With all of these projects on the horizon, it would seem that Nevada Gold & Casinos, Inc. is making significant progress in the casino industry.
The big move may not make a huge difference to those who take part in casino gambling but it does give Nevada Gold & Casinos to operate on a very competitive level, continuing to build business with grounds in Las Vegas, the capital of casino gambling. This could bring a world of growth to the area and in other regions as well as Nevada Gold & Casinos acquire more locations and continue to grow and thrive while saving money in their overhead expenses.