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Las Vegas City Council appoves Fifth Street’s Gold Spike license

The Las Vegas City Council Wednesday unanimously approved Fifth Street Gaming’s application to take over casino operations at the Gold Spike.

The Nevada Gaming Commission will today hear Fifth Street’s license application to manage 150 slots and four table games at the Gold Spike and manage the casino at Siegel Slots and Suites in North Las Vegas.

Financial terms of the deals weren’t disclosed.

Fifth Street is overseeing redevelopment of the Downtown Grand, the former Lady Luck, and development of Downtown3rd, a walkable district of retail, dining and entertainment outlets.

The company expects the Downtown Grand to open in late 2013.

Contact reporter Chris Sieroty at csieroty@reviewjournal.com or 702-477-3893.

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