Szony said the timing for the transaction “is perfect” given the growth and changes in the Sparks gaming market. Szony said Rail City’s 100 employees give Truckee Gaming a workforce of roughly 500 companywide.Ī sale price for Rail City was not disclosed and the transaction is expected to close by the end of the year, pending Nevada regulatory approval. The company also owns Club Fortune Casino in Henderson. Truckee Gaming, which is based in Reno, owns Gold Ranch Casino & RV Resort in Verdi, Gold Ranch Casino in Dayton and three Pioneer Crossing Casinos in Dayton, Fernley and Yerington. A lot of the same employees are still at Rail City and we look forward to welcoming them back into the company.” “We just couldn’t come to an agreement on Rail City,” he said last week after the sale was announced. Two years after Herbst’s bankruptcy reorganization was finalized in 2011, Szony, who joined Herbst as an executive in 2007 and was helping steer the company through the post-bankruptcy matters, took back ownership of three of the casinos when he formed Truckee Gaming in 2012.
