“We have served as the original Water Street ambassadors, and to see the area grow and become the incredible Water Street District is amazing. “The opportunity to be involved with the new ownership group going forward is important to me,” Brooks said. “This sale was a hard decision to make as we have invested so much time and energy into both properties over the years - most importantly our customers and employees have become our family,” Brooks said in an emailed statement. The transaction is expected to be reviewed by Nevada gaming regulators in December and close in January.īoulder Highway Gaming LLC and Water Street Gaming LLC announced the sale Monday and current owner Tim Brooks is expected to continue to oversee the property. The Emerald Island and Rainbow Club casinos will be sold to an affiliate of ECL Hospitality Management, LLC, owned by businessmen Ron Winchell and Marc Falcone. (Chase Stevens/Las Vegas Review-Journal) longtime downtown Henderson locals casinos will be sold to a Las Vegas-based company that has 45 properties in three states. An exterior view of the Rainbow Club and Casino in the Water Street District of downtown Henderson on Monday, April 12, 2021.
