Harrah’s sells Bill’s Lake Tahoe casino site

By ARNOLD M. KNIGHTLYLAS VEGAS REVIEW-JOURNAL

March 2, 2010 - 2:50 pm

Harrah's Entertainment Tuesday confirmed it sold the Bill's Lake Tahoe casino site to an attorney from Northern Nevada.

The attorney, who acquired the site for $5.225 million, plans to turn the building into a strip club, according to the Tahoe Daily Tribune.

Harrah's Entertainment closed the 22-year-old Bill's on Jan. 4 because of declining business. The property had been losing business even before the economic downturn, Harrah's spokesman John Packer said at the time.

Harrah's Entertainment owns the 510-room Harrah's Lake Tahoe and the 740-room Harveys Lake Tahoe near Bill's, which operated 310 slot machines in a 18,000-square-foot casino.

Contact reporter Arnold M. Knightly at aknightly@reviewjournal.com or 702-477-3893.

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