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Paragon Gaming is a gaming company based in Enterprise, Nevada that owns and manages casinos in the United States and formerly in Canada.

Indian Casino Near Oxnard Ca 93036

History[edit]

Paragon Gaming was founded in 2000 by cousins Diana Bennett and Scott Menke, who were experienced gaming executives and the daughter and nephew, respectively, of prominent casino owner William Bennett.^[1][2] The company began working with American Indian tribes, seeking opportunities to develop tribal casinos.^[3]

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In 2001, Paragon proposed to develop a casino at the Channel Islands Harbor in Oxnard, California on behalf of a yet-to-be-determined tribe.^[4] In the face of opposition from local officials, the company withdrew the proposal and announced a new plan to build a casino at the Oxnard Factory Outlet with the Greenville Rancheria of Maidu Indians.^[5][6] This plan, too, provoked strong opposition, and was rejected by the city council.^[7]

Later in 2001, Paragon announced a deal to develop a casino near Palm Springs, California for the Augustine Band of Cahuilla Mission Indians.^[8] The project drew some attention because the tribe had only one adult member; critics questioned the seemliness of developers profiting from a casino that would benefit so few Indians.^[9][10][11] The Augustine Casino opened in 2002 at a cost of $16 million.^[12]

Meanwhile, the company worked with First Nations bands in Alberta to lobby for regulations that would allow tribes to open casinos.^[8] When those efforts succeeded in 2002, Paragon partnered with the Enoch Cree Nation to develop a casino hotel in Edmonton.^[13][14] The $178-million River Cree Resort and Casino opened in October 2006.^[15] Paragon operated and co-owned the casino until 2014, when the Enoch Cree bought out the company's interests.^[16][17]

In September 2006, the company purchased the bankrupt Edgewater Casino, located at the Plaza of Nations in Vancouver, for $43 million.^[18][19]

In 2008, Paragon opened the Eagle River Casino and Travel Plaza at the Alexis Whitecourt Indian Reserve in northern Alberta.^[20] Paragon owned a 40 percent share of the property, with the Alexis First Nation owning the rest.^[21] The casino's revenues fell short of expectations, and it went into bankruptcy by 2014; Paragon was left with no stake in it.^[21][22][23]

In 2013, Paragon assumed management of the struggling Riviera hotel and casino on the Las Vegas Strip on behalf of Starwood Capital.^[24] The Riviera closed in May 2015. Later that month, Paragon took over management of the nearby Westgate Las Vegas under a lease from Westgate Resorts.^[25] The company transferred many of its employees and bookings from the Riviera to the Westgate.^[25]

In 2014, Paragon began construction of the Parq Vancouver, a $600-million hotel and casino complex at the BC Place stadium.^[1][26] The Parq opened in 2017, and the Edgewater Casino, which it replaced, closed on the same day.^[27] In 2019, Paragon sold its stake in the Parq to one of the property's other co-owners.^[28]

The company added two more Nevada casinos to its portfolio in 2016, assuming management of the Hooters Casino Hotel near the Las Vegas Strip and acquiring a majority stake in the Hard Rock Hotel & Casino Lake Tahoe.^{[29][30][31][32]}

Properties[edit]

The properties owned or managed by Paragon are:

• Hard Rock Hotel & Casino Lake Tahoe – Stateline, Nevada
• Oyo Hotel & Casino – Paradise, Nevada
• Westgate Las Vegas – Winchester, Nevada

Former properties[edit]

• Augustine Casino – Coachella, California
• Eagle River Casino and Travel Plaza – Alexis Whitecourt Indian Reserve, Alberta
• Edgewater Casino – Vancouver, British Columbia
• Parq Vancouver – Vancouver, British Columbia
• River Cree Resort and Casino – Enoch, Alberta
• Riviera – Winchester, Nevada

Indian Casinos Near Oxnard Ca

References[edit]

1. ^ ^abNick Rockel (October 20, 2017). 'How Scott Menke's gamble on Parq Vancouver hit the jackpot'. BCBusiness. Retrieved 2018-10-02.
2. ^'Ladies first'. Global Gaming Business. August 28, 2017. Retrieved 2018-10-02.
3. ^Kathleen Wilson; Tamara Koehler (February 21, 2001). 'Company hopes for casino in county'. Ventura County Star – via NewsBank.
4. ^Charles Levin (February 22, 2001). 'Casino supporter touts benefits'. Ventura County Star – via NewsBank.
5. ^Raul Hernandez (March 15, 2001). '2nd casino plan comes to Oxnard'. Ventura County Star – via NewsBank.
6. ^Charles Levin (March 23, 2001). 'Two groups join forces in casino bid'. Ventura County Star – via NewsBank.
7. ^Raul Hernandez (May 10, 2001). 'Indians continue search for casino site'. Ventura County Star – via NewsBank.
8. ^ ^abDavid Strow (August 30, 2001). 'Las Vegas firm in pact for California Indian casino'. Las Vegas Sun. Retrieved 2018-10-02.
9. ^James May. 'With one adult member, Indian tribe holds on to its roots'. Boston Globe. Knight Ridder – via Newspapers.com.
10. ^Donald L. Barlett; James B. Steele (December 16, 2002). 'Indian casinos: Wheel of misfortune'. Time. Retrieved 2018-10-02.(subscription required)
11. ^Terry Gross (December 16, 2002). 'Interview: Donald Barlett and James Steele discuss their article in Time about Native American-owned casinos and who has been benefiting from the profits'. Fresh Air – via NewsBank.
12. ^Benjamin Spillman (July 19, 2002). 'Intimate new valley casino holds big opening night'. The Desert Sun. Palm Springs, CA – via Newspapers.com.
13. ^Timothy le Riche (March 2, 2002). 'Band takes a gamble'. Edmonton Sun – via NewsBank.
14. ^Jerry Ward (June 20, 2002). 'Casino proposal'. Edmonton Sun – via NewsBank.
15. ^Wes Gilbertson (November 3, 2006). 'Casino brings dollars, optimism to reserve'. Grove Examiner – via NewsBank.
16. ^Shari Narine (February 2014). 'River Cree Casino fully Enoch-owned thanks to cross-border bond sales'. Alberta Sweetgrass. Retrieved 2018-10-02.
17. ^Howard Stutz (June 8, 2015). 'Paragon Gaming's Vancouver casino project under construction after five-year wait'. Las Vegas Review-Journal. Retrieved 2018-10-02.
18. ^Sean Condon (October 19, 2006). 'Las Vegas firm hopes to revive ailing Edgewater Casino'. Westender. Vancouver, BC – via NewsBank.
19. ^'Gateway Casinos Income Fund reports 2006 financial results' (Press release). Gateway Casinos. March 15, 2007. Retrieved 2018-10-02 – via MarketWired.
20. ^Karry Schmidt (February 6, 2008). 'Whitecourt welcomes Eagle River Casino and Travel Plaza with celebratory opening'. Whitecourt Star – via NewsBank.
21. ^ ^abCharles Rusnell; Jennie Russell (January 24, 2014). 'Eagle River Casino seeks bankruptcy protection'. CBC. Retrieved 2018-10-03.
22. ^Christopher King (February 11, 2015). 'Lucky number 7'. Whitecourt Star – via NewsBank.
23. ^Sandy Garossino (November 27, 2014). 'Why Edgewater casino could go bankrupt and leave us holding the bag'. Vancouver Observer. Retrieved 2018-10-03.
24. ^Ed Komenda (September 10, 2014). 'Company reviving Vegas' Riviera wins control board OK'. Las Vegas Review-Journal. Retrieved 2018-10-02.
25. ^ ^abHoward Stutz (May 28, 2015). 'Paragon Gaming approved to take over Westgate Las Vegas operations'. Las Vegas Review-Journal. Retrieved 2018-10-03.
26. ^Frank O'Brien; Pat Johnson (October 3, 2017). 'Parq Vancouver Casino opens to crowds'. Business Vancouver. Retrieved 2018-10-02.
27. ^'Closed Edgewater Casino holds auction'. Global Gaming Business. November 11, 2017. Retrieved 2018-10-02.
28. ^Scott Brown (February 1, 2019). 'Paragon Gaming sells its stake in Parq Vancouver casino'. The Province. Vancouver, BC. Retrieved 2019-02-02.
29. ^Thomas Moore (October 13, 2016). 'Hooters keeping the name amid management changes'. Las Vegas Sun. Retrieved 2018-10-03.
30. ^Location Details (Report). Nevada Gaming Control Board. Retrieved 2018-10-03.
31. ^Richard N. Velotta (November 2, 2016). 'Paragon Gaming recommended to acquire Hard Rock Hotel at Lake Tahoe'. Las Vegas Review-Journal. Retrieved 2018-10-03.
32. ^'Nevada Gaming Commission Minutes'. November 17, 2016. pp. 6–8. Retrieved 2018-10-03.

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External links[edit]

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