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26-643: (Redirected from Golden Nugget ) Golden nugget may refer to: Brands and enterprises [ edit ] Golden Nugget, Inc. , a Houston-based casino resort chain Golden Nugget Atlantic City , a hotel, casino, and marina in Atlantic City, New Jersey Golden Nugget Las Vegas , a luxury hotel and casino in Las Vegas, Nevada Golden Nugget Lake Charles Golden Nugget Laughlin ,

52-478: A division of Random House , began publishing the guides in 1995. In 2001, Mobil Travel Guide was spun off as a separate company, with ExxonMobil and publisher Publications International as an investor. In 2008, Forbes Travel Guide launched the international star ratings program for hotels and spas with the release of the inaugural Forbes Travel Guide Beijing and Forbes Travel Guide Hong Kong and Macau. Published in print by ExxonMobil Travel Publications, until 2011,

78-816: A hotel and casino in Laughlin, Nevada Golden Nugget Companies (1973–1989), became Mirage Resorts Golden Nugget Pancake House , a chain of family restaurants Golden Nuggets , a breakfast cereal Games [ edit ] Golden Nugget (video game) for Microsoft Windows and PlayStation Golden Nugget 64 for Nintendo 64 Golden Nugget Casino DS for the Nintendo DS Learning [ edit ] Golden nugget , an important piece of information or an unexpected enlightening fact See also [ edit ] Australian Gold Nugget Gold nugget List of gold nuggets by size Nugget (disambiguation) Topics referred to by

104-570: A long stretch of the Strip, so MGM looked to sell the Golden Nugget. Timothy Poster and Thomas Breitling , two young (mid-30s) entrepreneurs, formed Poster Financial Group as a private investment firm. When the company was founded, its initial investors included travelscape.com, an internet travel site. Tennis star Andre Agassi , a Las Vegas native, was also an investor. Poster and Breitling had no casino ownership experience before acquiring

130-520: A lounge and bar that bring the Golden Nugget theme to the arena. Mobil Guide Forbes Travel Guide (formerly known as Mobil Guide or Mobil Travel Guide ) is a star rating service and online travel guide for hotels, restaurants and spas. In 2011, Forbes Travel Guide published its last set of guidebooks and, on November 15, 2011, launched its new online home, ForbesTravelGuide.com, which covers numerous international destinations, including Hong Kong, Macau, Beijing, Singapore, Shanghai, Mexico,

156-503: Is a considerable honor, with only 323 hotels, 102 spas and 74 restaurants receiving the top honor in 2022. The ratings serve as a certification mark , in that Mobil had registered trademarks for the phrases and designs indicating each star rating level, and allowed only rated establishments to display them. Initially, guides were regional and limited to the United States and Canada. The first, issued in 1958, covered five states in

182-633: Is different from Wikidata All article disambiguation pages All disambiguation pages Golden Nugget, Inc. The original location was the Golden Nugget Las Vegas which opened in 1946. The company runs as a division of Landry's Hospitality within the Fertitta Entertainment portfolio. The Golden Nugget Las Vegas opened in 1946 in Downtown Las Vegas . Over time, notable members of

208-522: The Hard Rock Hotel & Casino Lake Tahoe , with plans to convert it to a Golden Nugget. The Golden Nugget first launched its online casino in New Jersey . It has since spun-off into its own publicly traded company with plans to expand. Golden Nugget's parent, Landry's, Inc. , remains the largest stockholder of Golden Nugget Online . The Toyota Center contains a Golden Nugget Club is

234-630: The Caribbean, Latin America, Japan, Thailand and London. ForbesTravelGuide.com combines Forbes Travel Guide's Five-Star travel ratings system with insights and perspectives from Forbes Travel Guide's own inspectors. Founded by Mobil and Simon & Schuster in 1958, Forbes Travel Guide is the oldest travel guide in the United States. Ratings are given by anonymous, paid staff members in stars (Five-Star, Four-Star or Recommended ratings), based on objective criteria. A Forbes Travel Guide Five-Star rating

260-761: The Golden Nugget. They faced some difficulty in obtaining the necessary casino licenses because of their friendship with Rick Rizzolo , a strip club owner being investigated by the FBI and because of Poster's uncle who was denied a gaming license because of his alleged association with known illegal bookmakers . The Nevada Gaming Control Board recommended that they be licensed for only one year. The board however, issued them four-year licenses, with an option to apply for permanent licenses in January 2005. The Poster Financial Group's ownership encountered some difficulties. The television series received ratings below expectations and

286-907: The Southwest and South Central United States. In 1960, this guide was revised and volumes covering the Northeastern States, the Great Lakes, and California and the West were introduced. Guides covering the Middle Atlantic States and the Northwestern states were introduced in 1962. In 1965, a guide for the Southeastern States was introduced, although only one state covered by this volume, Tennessee, had any Mobil service stations. Five-star restaurants in

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312-556: The United States: Later, the number of volumes was expanded, as regions covered by the guide shrank. For instance, California was covered by two volumes, one for the north and one for the south. City guides also followed. By 1975 Rand McNally began publishing the Mobil Travel Guides. In 1988, Simon & Schuster's Prentice Hall division acquired the travel books division of Rand McNally. Fodor's ,

338-597: The acquisition of Poster Financial for approximately $ 318 million. In 2022, Golden Nugget announced the acquisition of the Wildwood Casino and Hotel in Cripple Creek, Colorado , with plans to rebrand it under the Golden Nugget brand. The same year, the company broke ground on a casino in Danville, Illinois in a partnership deal with Wilmot Gaming. The following year, Fertitta Entertainment agreed to buy

364-629: The agreement for Barrick Gaming to acquire the Golden Nugget Laughlin expired without a final deal being reached. As a result, Landry's acquired the property as part of its agreement to purchase the Golden Nugget Las Vegas. There was no increase in the purchase price as a result of this change since the money from the sale would have been used to reduce the debt on the Las Vegas property; instead, Landry's assumed that debt as well. On September 27, 2005 Landry's completed

390-551: The company opened the Golden Nugget Atlantic City (not to be confused with the current Golden Nugget Atlantic City ) in New Jersey . The Las Vegas casino also expanded, with a second and third tower opened in 1984 and 1989, respectively, which included a showroom. The company's interest in Atlantic City did not last very long due to frustration with state gaming regulators, and in 1987, the property

416-578: The guide was published online by HowStuffWorks.com . In October 2009, ExxonMobil licensed the brand to the Five Star Ratings Corporation, which is owned by internet entrepreneur and WebMD founder Jeff Arnold. Five Star Travel Corporation entered into a licensing agreement with Forbes Media, and renamed the Star Awards and guidebook series, Forbes Travel Guide. Forbes Travel Guide's new online home, ForbesTravelGuide.com,

442-656: The hotel became the exclusive venue for the Siegfried & Roy show in 1990, and in 1993 the hotel hosted the Cirque du Soleil show Nouvelle Expérience . Afterwards Wynn decided to invite Cirque to create Mystère for the soon-to-be-built Treasure Island resort next door. The company would later open other notable projects such as the Treasure Island Hotel and Casino and the Bellagio . The company

468-443: The maximum bet at table games to $ 15,000. Their story became the basis for The Casino , a television series on Fox , which premiered on June 14, 2004. On November 10, 2004 Barrick Gaming Corporation , which owns casino/hotels in downtown Las Vegas including The Plaza , The Vegas Club , The Western , and The Gold Spike , announced that it would acquire the Golden Nugget Laughlin for $ 31 million plus working capital . As part of

494-440: The ownership group featured Jackie Gaughan and Steve Wynn . Wynn later became the majority stakeholder in 1973, making him the youngest casino owner in Las Vegas. Under Wynn, the casino brand expanded greatly. Once gaining the controlling sharehold, Wynn created Golden Nugget Companies Inc. The first hotel tower opened in 1977, which lead for the property to get awarded a four diamond rating from Mobil Travel Guide . In 1980,

520-499: The purchase agreement, Poster Financial granted Barrick a two-year limited use of the Golden Nugget brand name, after which Barrick will be required to change the name of the property. On February 4, 2005, Houston based Landry's Restaurants, Inc. , now a subsidiary of Fertitta Entertainment , agreed to purchase the Golden Nugget Las Vegas for $ 140 million in cash plus the assumption of $ 155 million of debt. On May 31, 2005

546-423: The same term [REDACTED] This disambiguation page lists articles associated with the title Golden nugget . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Golden_nugget&oldid=1253323241 " Category : Disambiguation pages Hidden categories: Short description

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572-407: Was acquired in 2000 by MGM Grand Inc. , which then changed its name to MGM Mirage, for $ 6.4 billion, including $ 2 billion in assumed debt, after an initial all-cash offer of $ 17 per share and a final offer of $ 21 per share. The company was majority owned by Wynn. Although the Golden Nugget was profitable, it was not part of the master expansion plan of the corporation which was focused on consolidating

598-539: Was canceled after one season. In addition, the strategy of attracting higher level casino players created significant volatility in the first year of operations. In January 2004 the company acquired the Golden Nugget Las Vegas and the Golden Nugget Laughlin for approximately $ 215 million. When Poster and Breitling assumed control of the Golden Nugget, they began to upgrade the gambling operation, by installing new "cashless" slot machines and increasing

624-440: Was considered high risk at the time, though the project ended up being enormously lucrative. The hotel, with its erupting volcano and South Seas theme, ignited a $ 12 billion building boom on the Strip. Its construction is also considered noteworthy in that Wynn had set a new standard for Vegas resorts, and when it opened The Mirage was the first casino to use security cameras full-time on all table games. Known for its entertainment,

650-428: Was launched in 2011, which marked the last year of publication of the traditional printed guidebook series. In 2019, Forbes Travel Guide formed an exclusive partnership with Jet Linx Aviation, becoming the guide's first partner in the private aviation industry. The Mobil Travel Guide Star Ratings provided ratings and reviews of hotels, restaurants and spas on a scale of one star (average to good) to five stars (one of

676-722: Was sold to Bally's Entertainment , and eventually became Bally's Grand Hotel and Casino . In 1989, the company acquired the Nevada Club casino in Laughlin, Nevada , and re-branded it as the Golden Nugget Laughlin . The company expanded into the Las Vegas Strip in 1989, with the opening of The Mirage . Following the completion, the company changed its name to Mirage Resorts. Financing the $ 630 million project largely with high-yield bonds issued by Michael Milken . The resort's high cost and emphasis on luxury meant that it

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