Medeiros takes Boomtown reins
Boomtown Casino and Hotel has a new manager as its owner believes the property has been stabilized.
Rob Medeiros, formerly manager at Gold Ranch Casino and RV Resort and the Sands Regency Casino Hotel, is now general manager and chief executive officer of the 50-year-old Verdi property.
He succeeds Dean DiLullo, CEO of M1 Gaming in Reno, who was brought in to turn around the distressed property when St. John Properties Inc. bought it in 2012 for $13 million.
“From the outset, from the acquisition and after the renovation, we knew that Dean would be going on and we would hire a new general manager and CEO,” says Christina Berzins, partner and manager of St. John’s Properties’ gaming division in Baltimore, Md.
Since the acquisition, the casino and hotel have undergone a major renovation, including new carpeting throughout the casino floor, the overhaul of a saloon now called the Guitar Bar and an ongoing remodeling of the hotel’s 318 guest rooms.
Despite ongoing difficulties, Northern Nevada’s office real estate market will endure, experts predict
IGT’s decision to list its 1.2 million sq. ft. campus for lease this month and the recent $3.8 million sale of Harley Davidson’s 3-story financial services building in Carson City are the latest examples of companies no longer needing larger-scale office properties to maintain productivity levels and meet customer needs.