Michael Gaughan (businessman)

Michael John Gaughan (March 24, 1943 in Omaha, Nebraska) is a casino owner and operator in Las Vegas, Nevada. He is the owner of the South Point Hotel, Casino & Spa. Michael is the son of Jackie Gaughan and was the owner of a NASCAR race team, South Point Racing, for which his son, Brendan Gaughan, used to drive. The team was dissolved at the end of the 2007 season.

This article is about the Nevada businessman. For other uses, see Michael Gaughan (disambiguation).

Michael Gaughan
Born
Michael John Gaughan

(1943-03-24) March 24, 1943
Omaha, Nebraska
OccupationBusinessman
Known forSouth Point Hotel, Casino & Spa, Coast Casinos
ChildrenBrendan Gaughan
Parent(s)Jackie Gaughan (father)
Websitewww.southpointcasino.com

Biography

Gaughan won the 1966 Mint 400 race, and continued that interest with South Point Racing which he founded in 1999 and dissolved in 2007.

After many roles in casinos, including various ownership roles, Gaughan opened the Barbary Coast Hotel and Casino in March 1979 at a cost of $11.5 million. That casino, on 4.3 acres (1.7 ha) of land, became the foundation for Coast Casinos.[1] In 2004, Gaughan sold Coast Casinos for $1.3 billion to Boyd Gaming. In July 2006, Boyd gaming announced that it was selling the South Coast to Michael for an estimated $576 million. The casino was built at a cost of $600 million. Gaughan was elected to the Gaming Hall of Fame in 2009.[2]

Michael Gaughan Airport Slots
Row of slot machines inside Las Vegas airport

Gaughan has been granted the rights to operate slot concession at McCarran International Airport under the name Michael Gaughan Airport Slots,[3] operating over 1,300 slot machines in all of the airport's terminals.[4]

Sources

References
  1. Ward, Matt (February 19, 2007). "Gaughan are the days ..." Las Vegas Business Press. Retrieved July 7, 2007.
  2. "The Gaming Hall of Fame". University of Nevada Las Vegas. Retrieved August 30, 2009.
  3. "Michael Gaughan Airport Slots". World Casino Directory. Retrieved March 13, 2009.
  4. "MICHAEL GAUGHAN AIRPORT SLOTS LAS VEGAS". casinozone.com. Archived from the original on December 1, 2008. Retrieved March 13, 2009.
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