SPARKS, Nev. (AP) — Sparks Nugget Inc. has announced that John Ascuaga's Nugget hotel-casino in Sparks will be sold.
The company said Thursday that it had reached an agreement to sell the northern Nevada casino to Global Gaming & Hospitality and Husky Finance.
Nugget CEO Michonne Ascuaga says the sale will benefit the casino and its employees by providing an infusion of money. The company says Husky Finance will provide the capital to renovate the property.
The sale, expected to be finalized in the coming months, must be approved by Nevada gambling regulators.
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