American Casino & Entertainment Properties
Casino holding company based in Las Vegas, Nevada / From Wikipedia, the free encyclopedia
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American Casino & Entertainment Properties (ACEP) owned and operated 4 casinos. It was purchased by Golden Entertainment in October 2017 for $850 million.[1] ACEP was a casino holding company headquartered at the Stratosphere Las Vegas.[2][3] ACEP was a wholly owned subsidiary of American Real Estate Partners before it was sold to Whitehall Street Real Estate Funds, an investment arm of Goldman Sachs, in February 2008.[4][5] The company owned the following 4 casinos: Aquarius Casino Resort, Arizona Charlie's Decatur, Arizona Charlie's Boulder and Stratosphere Las Vegas. Golden Entertainment acquired ACEP from Whitehall.
Company type | Public |
---|---|
Industry | Gaming |
Founded | December 29, 2003; 20 years ago (2003-12-29) |
Defunct | October 2, 2017; 6 years ago (2017-10-02) |
Successor | Golden Entertainment |
Headquarters | , United States |
Number of locations | 4 |
Area served | Global |
Products | Casinos, Resorts |