Thursday, February 15, 2007

MTR sells Speedway Casino

MTR gaming announced yesterday that they have sold the Speedway casino in N. Las Vegas for $18.2 million. As they paid $20 million for Binions (previously known as Binions Horseshoe) and the Speedway (total) this means that they ended up paying only $1.8 million for one of the most historic hotel/casinos in downtown Las Vegas.

Having played at Binions on numerous occasions, I think they have made quite a deal. It has one of the best poker rooms in downtown.

I'll be talking about this room later.

Good Luck

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