Aliante Station
Encyclopedia
Aliante Station Casino and Hotel is a locals casino
located in North Las Vegas, Nevada
. The Casino is owned by Station Casinos Inc. and The Greenspun Corporation
.
show was provided for the public. When the fireworks ended people started to gather at every entrance and traffic backed up, so management opened the doors at 10:40 p.m.
After filing for bankruptcy
in July 2009, Station Casinos won approval in May 2011 to hand over Aliante Station to its creditors, a group that includes three private equity
firms and nine banks. The creditors were owed more than $378 million, while Aliante's estimated liquidation value
was only $47-53 million. Station will continue to operate the property.
to the Red Rock Resort Spa and Casino
, that is located in Summerlin. However, the Aliante Station presents a different design on the exterior. These similarities include a different color. The Red Rock has a maroon
type of red
color. The Aliante has a more aquamarine
type of blue
color to it.
Locals casino
A locals casino is a casino designed primarily to attract residents of the area in which it was built rather than tourists or vacationers. The term is most commonly associated with casinos in Nevada, USA, to distinguish them from casinos that target mostly tourists in a central area.- Overview...
located in North Las Vegas, Nevada
North Las Vegas, Nevada
North Las Vegas is a city in Clark County, Nevada, United States, located in the Las Vegas metropolitan area. The city was incorporated on May 16, 1946.-Geography:...
. The Casino is owned by Station Casinos Inc. and The Greenspun Corporation
The Greenspun Corporation
The Greenspun Corporation is a privately owned corporation that manages the Greenspun family assets. The company was founded by Hank Greenspun and is based in Henderson, Nevada.- Subsidiaries :* American Nevada Corporation- Land development...
.
History
Built at a cost of $662 million, Aliante Station was scheduled to open on November 11, 2008, at 11:11 p.m. Before the opening, a fireworksFireworks
Fireworks are a class of explosive pyrotechnic devices used for aesthetic and entertainment purposes. The most common use of a firework is as part of a fireworks display. A fireworks event is a display of the effects produced by firework devices...
show was provided for the public. When the fireworks ended people started to gather at every entrance and traffic backed up, so management opened the doors at 10:40 p.m.
After filing for bankruptcy
Bankruptcy
Bankruptcy is a legal status of an insolvent person or an organisation, that is, one that cannot repay the debts owed to creditors. In most jurisdictions bankruptcy is imposed by a court order, often initiated by the debtor....
in July 2009, Station Casinos won approval in May 2011 to hand over Aliante Station to its creditors, a group that includes three private equity
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
firms and nine banks. The creditors were owed more than $378 million, while Aliante's estimated liquidation value
Liquidation value
Liquidation value is the likely price of an asset when it is allowed insufficient time to sell on the open market, thereby reducing its exposure to potential buyers. Liquidation value is typically lower than fair market value...
was only $47-53 million. Station will continue to operate the property.
Similarities and differences
The Aliante Station has a similar interior designInterior design
Interior design describes a group of various yet related projects that involve turning an interior space into an effective setting for the range of human activities are to take place there. An interior designer is someone who conducts such projects...
to the Red Rock Resort Spa and Casino
Red Rock Resort Spa and Casino
Red Rock Resort Spa and Casino is a resort spa and casino owned by Station Casinos on located in the Summerlin village of Summerlin Centre in Summerlin, Nevada. Red Rock is located far off of the Las Vegas Strip; it is known as a locals casino. Located on Charleston Boulevard at the interchange of...
, that is located in Summerlin. However, the Aliante Station presents a different design on the exterior. These similarities include a different color. The Red Rock has a maroon
Maroon (color)
Maroon is a dark red color.-Etymology:Maroon is derived from French marron .The first recorded use of maroon as a color name in English was in 1789.-Maroon :...
type of red
Red
Red is any of a number of similar colors evoked by light consisting predominantly of the longest wavelengths of light discernible by the human eye, in the wavelength range of roughly 630–740 nm. Longer wavelengths than this are called infrared , and cannot be seen by the naked eye...
color. The Aliante has a more aquamarine
Aquamarine (color)
Aquamarine is a color that is a pale bright tint of spring green toned toward cyan. It is named after the mineral aquamarine, a gemstone mainly found in granite rocks...
type of blue
Blue
Blue is a colour, the perception of which is evoked by light having a spectrum dominated by energy with a wavelength of roughly 440–490 nm. It is considered one of the additive primary colours. On the HSV Colour Wheel, the complement of blue is yellow; that is, a colour corresponding to an equal...
color to it.