The Lakeside Inn and Casino on Lake Tahoe’s South Shore in Stateline, Nv., has been sold.
The Lakeside Inn and Casino never reopened following Nevada’s order to cease operations last year because of the pandemic. The resort has been sold to Barton Health, which plans to demolish and reutilize the property. (Image:
Tahoe Daily Tribune)
A victim of the COVID-19 pandemic, the Lakeside Inn announced its permanent closure in April of 2020. The announcement came less than a month after Nevada Gov. Steve Sisolak (D) ordered all commercial casinos in the state to temporarily shutter operations.
Lakeside’s ownership group cited its business being denied a Paycheck Protection Program (PPP) loan from the federal government. Congress and the Small Business Association later amended its PPP regulations to allow gaming operators to participate. But it came too late for Lakeside and its 218 employees.
Record Courier
STATELINE, Nev. Barton Health purchased the former Lakeside Inn & Casino for $13.3 million according to the Douglas County Recorder’s Office.
The deal for the Stateline casino that closed at the outset of the coronavirus outbreak was recorded on May 4.
Barton operates an urgent care across U.S. Highway 50 adjacent from the former casino near Kingsbury Grade.
Barton said in a statement that it purchased the property to “further its long term goals of expanding access to medical care and widening an integrated, bi-state health system presence in the region.”
Expanding the medical campus in Nevada allows Barton to offer many more services including lower cost outpatient services due to the lessened regulatory environment offered by the state of Nevada, the statement said.