Sale of two Henderson casinos finalized

Monday, January 15, 2024 6:34 PM
  • Mark Credico, Las Vegas Review-Journal

Two downtown Henderson casinos have officially sold, according to a Thursday announcement from the seller.

Emerald Island and Rainbow Club casinos on Water Street were sold to ECL Water Street LLC, a company owned by businessmen Marc Falcone and Ronald Winchell. The deal, which was subject to review by Nevada gaming regulators, was originally announced in November.

Falcone and Winchell are both involved in several other companies, many of which are associated with properties in the Las Vegas Valley. Winchell is listed as an officer for 23 active businesses, according to Nevada’s business portal, which lists Falcone as an officer for 11 active businesses.