Holder, Washoe to develop Valley casino
April 20, 2004
Plans for a new Douglas County casino, that could employ a thousand people, are being finalized with the National Indian Gaming Commission in Washington, D.C.
A. Brian Wallace, chairman of the Washoe Tribe of Nevada and California, based in south Gardnerville, said final agreements between the Tribe and the Holder Hospitality Group, LLC have been finalized.
“We are very impressed and confident with the solid commitment, depth of experience and credibility of the Holder entertainment business model,” said Wallace. “Our responsibility is to make decisions that contribute directly to the long-term well-being of our communities, revenues generated will provide needed support to improve the quality of life and protect the interests of Washoe families throughout Washoe country.”
Holder Hospitality also owns Sharkey’s casino in Gardnerville, along with smaller casinos located throughout Nevada.
Hal Holder, owner of Holder Hospitality said Tuesday the project will bring more than 1,000 new jobs to Douglas County.
The interim name of the casino is Sierra Silver. It will be built on Washoe land in north Douglas County near Sunridge Golf Club. The agreement calls for two companies owned by Holder to design, build and operate a casino, RV park, auto service center and convenience food store.
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The Holder Real Estate Development Corporation will design and develop the property under a contract, and upon completion, The Holder Group Vending Company will manage the operation.
“We have a firm contract,” Holder said. “We’ve been working on it for a long time, and the contracts have all been signed and are now in Washington with the National Indian Gaming Council.”
He said approval of the gaming council is expected to take six weeks.
Holder said the tribe is “examining” its land before the project breaks ground.
“They want to make sure it’s in keeping with their traditions,” Holder said.
Wallace said the project is a win for the tribe.
“The Sierra Silver partnership will make an immediate and strong contribution to the tribal council’s value-directed development strategy.”
Regina Purcell can be reached at firstname.lastname@example.org or (775) 782-5121, ext. 211.