Former MotorCity Casino investor Celani to renovate, run Lake Tahoe casino
By Bill Shea
11:57 am, January 3, 2007
A former owner of Detroit’s MotorCity Casino now plans to operate a Lake Tahoe casino that was owned for a short time in the 1960s by Frank Sinatra
The Nevada Gaming Control Board on Dec. 21 approved Tom Celani’s license to run the Cal-Neva casino in Crystal Bay.
Celani plans to spend $35 million to renovate the 81-year old casino, hotel and spa, the Detroit Free Press reported. He said he’s hired historians to help restore the casino resort, which straddles the Nevada-California line, over a year beginning in April.
Celani’s Luna Gaming Tahoe L.L.C. will lease the casino beginning today from its owner, Namwest L.L.C. Terms of the lease were not disclosed.
Celani, a Bloomfield Hills resident who helped fund the successful 1996 statewide referendum on casino gaming in Detroit, sold his 10 percent stake in MotorCity to Marian Ilitch in April 2005.
PRINTED FROM: http://www.crainsdetroit.com/apps/pbcs.dll/article?AID=200770103002&template=printart
© 2007 Crain Communications Inc.
By Bill Shea
11:57 am, January 3, 2007
A former owner of Detroit’s MotorCity Casino now plans to operate a Lake Tahoe casino that was owned for a short time in the 1960s by Frank Sinatra
The Nevada Gaming Control Board on Dec. 21 approved Tom Celani’s license to run the Cal-Neva casino in Crystal Bay.
Celani plans to spend $35 million to renovate the 81-year old casino, hotel and spa, the Detroit Free Press reported. He said he’s hired historians to help restore the casino resort, which straddles the Nevada-California line, over a year beginning in April.
Celani’s Luna Gaming Tahoe L.L.C. will lease the casino beginning today from its owner, Namwest L.L.C. Terms of the lease were not disclosed.
Celani, a Bloomfield Hills resident who helped fund the successful 1996 statewide referendum on casino gaming in Detroit, sold his 10 percent stake in MotorCity to Marian Ilitch in April 2005.
PRINTED FROM: http://www.crainsdetroit.com/apps/pbcs.dll/article?AID=200770103002&template=printart
© 2007 Crain Communications Inc.
From the Frank Sinatra Biography ...
"Sinatra lost his Nevada gambling license in 1963 after a Mafia leader, Sam Giancana, was seen in the Cal-Neva Lodge gambling casino in which Sinatra then held a major interest. The license was restored in 1981."
you may also want to see these posts:
* The Verifiable Truth: Ex-owner of MotorCity gets Nev. casino license
* The Verifiable Truth: The Detroit Gaming Syndicators: Marian Ilitch, Michael Malik and Tom Celani
* The Verifiable Truth: History of Cal Neva - Sinatra's one-time casino resort property
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