Horizon to undergo multi-million dollar renovation
March 10, 2014
Neva One LLC, owner of the Horizon Casino Resort at Stateline, has announced it will shutter the hotel on April 1 to begin a multi-million-dollar renovation.
The Park family in October of 2013 announced a split with its Edgewood companies that ceded ownership of the Horizon and prime ranchland in the Carson Valley to part of the family, while Edgewood, owned by other family members, retained ownership of its namesake golf course and the land leases for Montbleu Resort and Harvey's Lake Tahoe parking garage.
Jon Park of Neva One LLC said last October that once Neva One assumed ownership of the property the plan was to change the casino's operator and reinvest in the property to bring the 539-room hotel and casino, built in 1965, up to current standards. Columbia Sussex Corporation of Crestview Hills, Kent., formerly operated the casino.
Neva One plans to retain Warner Gaming group to manage operations once the property reopens pending Warner's approval by Nevada casino regulators. Warner already is licensed at a Las Vegas resort.
"Our family's plans for the Horizon are proceeding on schedule," Park said.
Warner Gaming and its affiliated companies manage nine gaming and non-gaming properties throughout the United States, though the Horizon is the company's first foray into the northern Nevada market.
"I could not be more excited to be joining forces with the Park family, and helping to usher in the next chapter of this property's history," says Bill Warner, president of Warner Gaming.
Jon and brother David Park, managers of Neva One, say they will announce additional plans for the property and a timeline regarding its renovation in coming weeks. Employees at the property will be able to meet with Nevada JobConnect regarding other employment opportunities in the Lake Tahoe area, the Parks say.
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