Nevada landmark closes
Sharkey’s casino in Gardnerville northern Nevada has closed its door after being in the casino business for 43 years. Sharkey’s casino first opened in 1971 under the ownership of Milos “Sharkey” Begovich, which shut down at midnight on Saturday November 15, 2014. According to the notice found on the door, the casino is “temporarily closed”. The notice of the trustee’s sale in Gardnerville Nevada’s record Courier, states that the casino will go to action on December 4th on the Douglas courthouse steps.
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The casino owner, which is ‘Holder Hospitality Group’ filed for Chapter 11 bankruptcy in April of 2013. County records show that the casino owes $3.8 million dollars to creditors. Among the creditors is a company called ‘Carson Valley Inn.’ There are also liens that were filed Friday against Holder for hospitality by ‘Kelly Steam Cleaning’ for the amount of $7,067 and the town of Gardnerville for trash service in the amount of $3,352.
Owner Hal Holder said he purchased Sharkey’s in 2002 on a handshake for $5 million dollars from Begovich. Holder announced that the casino has emerged from chapter 11 after a federal bankruptcy judge accepted the company’s plan Holder put together.
The end of an era
Under Begovich’s ownership, the casino had a wide-ranging collection of historical memorabilia that was shown and was also a major supporter of community organizations. There were over 1500 items exhibited in the casino, including padded boxing gloves and shoes worn by championship boxers in the 1900s. There were paintings of Native Americans and Wild West personalities and even silver-plated saddles dating to the 1920s, which were each auctioned off after Begovich sold the casino.
It is sad time when you see this historic casino, one that has served a community for so many years, close their doors from the hard times that are put on businesses these days.