LAS VEGAS, NV — The Nonnie Group today announced the successful completion of the sale of two Southern Nevada casino properties offered at $50,000,000 to a new operating group, further expanding the firm’s growing portfolio of complex transactions within Nevada’s gaming and hospitality sector.
The transaction was led by Tim Canale, President and Managing Broker of The Nonnie Group, together with Alan Horwitz, Senior Business Advisor. Working in close collaboration with the parties throughout the acquisition process, the firm provided strategic transaction advisory services, coordinated negotiations, managed due diligence, and facilitated the successful closing under strict confidentiality.
The acquisition reflects continued investor confidence in Southern Nevada’s gaming and hospitality market, where quality operating assets remain highly sought after. While the terms of the transaction have not been disclosed, the successful completion underscores the resilience of the regional gaming economy and the increasing demand for experienced advisors capable of executing sophisticated, highly regulated transactions.
“Gaming transactions require a disciplined approach that extends well beyond traditional business brokerage,” said Tim Canale. “They demand strategic planning, operational insight, rigorous financial analysis, regulatory awareness, and absolute discretion. Our objective is to provide clients with comprehensive advisory services that protect value, minimize execution risk, and deliver successful outcomes.”
Casino acquisitions represent one of the most specialized segments of the middle-market transaction landscape, requiring coordination among ownership groups, lenders, regulators, legal counsel, and operational leadership. The successful completion of this transaction further demonstrates The Nonnie Group’s ability to structure and execute assignments involving sophisticated operating businesses in regulated industries.
As investment activity continues throughout Nevada and the broader Southwest, The Nonnie Group remains focused on representing business owners, investors, and acquiring groups in transactions where strategic guidance, confidentiality, and excellence of execution are essential.
Media Contact
Tim Canale, President & Managing Broker tcanale@nonniegroup.com
The Nonnie Group www.nonniegroup.com
(725) 214-1497
