MGM Resorts International is selling a casino in Henderson in the US state of Nevada that was built before the Hoover Dam and contains a vault that once guarded wages for the project’s construction workers.
The company announced that it would sell the 83-year-old Railroad Pass property to Henderson-based First Federal Realty. The new owners say they plan to keep all current employees.
Railroad Pass is located near Boulder City and opened in 1931 as a casino and dance hall. Its operator received the fourth gambling licence in the US to run the casino and the mayor of Las Vegas granted Railroad Pass permission to operate a single roulette wheel.
MGM and First Federal Realty did not disclose the sale price for the 120-room hotel. The deal is contingent upon regulatory approvals.
