The Red Dragon mini casino in Mountlake Terrace has been purchased by Nevada
Gold and Casinos, Inc. The announcement came today that the agreement was made.
The company has bought the mini casino for $1.25 million. When the deal is
finalized, Nevada Gold will own and operate the area's only two mini casinos.
Nevada Gold stated that the integration of the new casino will be seamless. They
do not expect many additional expenses. The company also will bring in
management techniques that are currently in use at the other mini casino.
The purchase has not yet been finalized, however they are in the end stages.
Transaction details will be filed later this week. The closing is still subject
to a few conditions. This includes licensing and final approvals.
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