Arizona Charlie's Boulder
Encyclopedia
Arizona Charlie's Boulder Hotel & Casino is a 301 room hotel and a 35000 square feet (3,251.6 m²) locals casino
located in Paradise
, Nevada
. Owned by American Casino & Entertainment Properties
, it is on Boulder Highway between the Boulder Station
and the Sam's Town
.
) are the result of original efforts by the Becker family, long established developers in Las Vegas
. In January 2000, American Casino & Entertainment Properties purchased Sunrise Suites on Las Vegas’ Boulder Highway for $43.3 million. The property was renamed Arizona Charlie's Boulder, as a companion name to Arizona Charlie's Decatur. The two properties are 10.4 miles apart, with a third ACEP property, Stratosphere Las Vegas
, located approximately midway between the two. The casino's namesake was "Arizona" Charlie Meadows, a legendary sharpshooter in Buffalo Bill's Show and a distant relative of the original owners of Arizona Charlie’s Decatur, the Becker family.
In November of 1997 investor Carl Icahn
bought a majority of Arizona Charlie's mortgage notes, making him the resort's largest creditor. Icahn fought for control of Arizona Charlie's throughout a bankruptcy process. In July of 1998 Bruce Becker's $92 million loan from United Healthcare collapsed and ownership of the property passed to Carl Icahn and American Casino & Entertainment Properties (ACEP). Two years later they added the Boulder property, naming it Arizona Charlie’s Boulder.
Locals casino
A locals casino is a casino designed primarily to attract residents of the area in which it was built rather than tourists or vacationers. The term is most commonly associated with casinos in Nevada, USA, to distinguish them from casinos that target mostly tourists in a central area.- Overview...
located in Paradise
Paradise, Nevada
Paradise is an unincorporated town in the Las Vegas metropolitan area in Clark County, Nevada, United States. The population was 223,167 at the 2010 census...
, Nevada
Nevada
Nevada is a state in the western, mountain west, and southwestern regions of the United States. With an area of and a population of about 2.7 million, it is the 7th-largest and 35th-most populous state. Over two-thirds of Nevada's people live in the Las Vegas metropolitan area, which contains its...
. Owned by American Casino & Entertainment Properties
American Casino & Entertainment Properties
American Casino & Entertainment Properties is a casino holding company headquartered at the Stratosphere Las Vegas. ACEP was a wholly owned subsidiary of American Real Estate Partners before it was sold to Whitehall Street Real Estate Funds in February 2008...
, it is on Boulder Highway between the Boulder Station
Boulder Station
Boulder Station is a casino and hotel located in Sunrise Manor, Nevada on Boulder Highway. Owned by Station Casinos, the hotel opened on August 23, 1994, and has a casino...
and the Sam's Town
Sam's Town Hotel and Gambling Hall, Las Vegas
Sam's Town Hotel and Gambling Hall is a hotel and casino located in Sunrise Manor, Nevada on the Boulder Strip. It is one of the casinos owned and operated by Boyd Gaming Corporation...
.
History
Arizona Charlie’s Boulder (and Arizona Charlie's DecaturArizona Charlie's Decatur
Arizona Charlie's Decatur is a 258 room casino hotel with a locals casino in the Charleston Heights area of Las Vegas, Nevada.-History:Arizona Charlie's Decatur are the results of original efforts by the Becker family, long established developers in Las Vegas. In 1963, just south of a shopping...
) are the result of original efforts by the Becker family, long established developers in Las Vegas
Las Vegas metropolitan area
The Las Vegas Valley is the heart of the Las Vegas-Paradise, NV MSA also known as the Las Vegas–Paradise–Henderson MSA which includes all of Clark County, Nevada, and is a metropolitan area in the southern part of the U.S. state of Nevada. The Valley is defined by the Las Vegas Valley landform, a ...
. In January 2000, American Casino & Entertainment Properties purchased Sunrise Suites on Las Vegas’ Boulder Highway for $43.3 million. The property was renamed Arizona Charlie's Boulder, as a companion name to Arizona Charlie's Decatur. The two properties are 10.4 miles apart, with a third ACEP property, Stratosphere Las Vegas
Stratosphere Las Vegas
Stratosphere Las Vegas is a tower, hotel, and casino located on the Las Vegas Strip in Las Vegas, Nevada, United States. Its tower is also the tallest observation tower, and the 5th-tallest structure, in the United States, as well as being the tallest structure in Las Vegas.It is owned by Whitehall...
, located approximately midway between the two. The casino's namesake was "Arizona" Charlie Meadows, a legendary sharpshooter in Buffalo Bill's Show and a distant relative of the original owners of Arizona Charlie’s Decatur, the Becker family.
In November of 1997 investor Carl Icahn
Carl Icahn
Carl Celian Icahn is an American business magnate and investor.-Biography:Icahn was raised in Far Rockaway, Queens, New York City, where he attended Far Rockaway High School. His father was a cantor, his mother was a schoolteacher...
bought a majority of Arizona Charlie's mortgage notes, making him the resort's largest creditor. Icahn fought for control of Arizona Charlie's throughout a bankruptcy process. In July of 1998 Bruce Becker's $92 million loan from United Healthcare collapsed and ownership of the property passed to Carl Icahn and American Casino & Entertainment Properties (ACEP). Two years later they added the Boulder property, naming it Arizona Charlie’s Boulder.