The MontBleu Resort Casino & Spa has a new name: Bally’s Lake Tahoe. The Douglas County Liquor Board — consisting of the Douglas County Commission and Sheriff Dan Coverley — approved the name change on July 1, at the requests of Bally’s Corporation CEO Greg Vorreyer and executive Timothy Tretton, who has served as general manager of the Stateline, Nevada casino/resort since 2015. The new name comes after Providence, Rhode Island-based Bally's Corporation announced April 7 it had completed the previously announced acquisition of the property from Reno-based Caesars Entertainment. "MontBleu is a premier entertainment asset that is commensurate with the iconic Bally's brand, and advances our ongoing portfolio diversification strategy,” Vorreyer said in a statement at the time. “With the close of this transaction, we look forward to integrating the property into the Bally's family, and utilizing it as an attractive destination for our loyal Bally's customers to drive visitation to Lake Tahoe." The acquisition had been in the works for over a year. In April 2020, then-MontBleu owners Eldorado Resorts announced it would sell the property, as well as the Eldorado Shreveport Resort and Casino in Shreveport, La., to Twin River Worldwide Holdings for $155 million. The transaction was conditioned upon consummation of the $17.3 billion Caesars Entertainment-Eldorado Resorts merger, which closed later in 2020.
As part of the deal, according to reports, Twin River Worldwide Holdings acquired rights to the Bally’s name from Caesars and eventually changed its company name to Bally’s Corporation — hence the change this month from MontBleu to Bally’s Lake Tahoe.
This will technically be the third name change for the casino in the 21st century.
During the transition from Caesars Tahoe to MontBleu in 2005, it was briefly dubbed the “Nomad” for the film “Smokin’ Aces.”
The hotel-casino was built in 1978 as the Park Tahoe and acquired by Caesars in 1980.
Bally’s Corporation currently owns and manages 14 casinos across 10 states, as well as a horse racetrack in Colorado. It also owns Bet.Works, a B2B2C sports betting platform; Monkey Knife Fight, a daily fantasy sports site; and SportCaller, a global B2B free-to-play game provider.
The Record-Courier Editor Kurt Hildebrand contributed to this report.
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