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.

Michael Gaughan
Born
Michael John Gaughan

(1943-03-24) March 24, 1943
OccupationBusinessman
Known forSouth Point Hotel, Casino & Spa (owner)

Michael J Gaughan airport slot concession inc (owner)

Coast Casinos (Founder/owner Sold to Boyd Gaming in 2004)

South Point Racing (dissolved)
Board member ofLas Vegas Events ProRodeo Hall of Fame
ChildrenBrendan Gaughan and others
Parent(s)Jackie Gaughan (father)
Websitewww.southpointcasino.com

Biography

Early on Michael showed his interest in racing when he won the 1966 Mint 400 race. He went on to win other races. His continued interest continues to today with South Point Racing which he founded in 1999 and dissolved in 2007.

After many roles in casinos, including various ownership roles, Michael opened the Barbary Coast Hotel and Casino in March 1979 at a cost of $11.5 million. That casino, on only 4.3 acres (1.7 ha) of land, became the foundation for Coast Casinos.[1]

Michael Gaughan Airport Slots is the name of the slot operations at McCarran International Airport, which is owned by Gaughan.

In 2004, Michael 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.

The South Coast was required to be renamed as a part of the purchase and was renamed to the South Point.

Gaughan was elected to the Gaming Hall of Fame in 2009.[2]

Michael Gaughan Airport Slots

Row of slot machines inside Las Vegas airport

Michael 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] The concession is licensed by the state as Michael J. Gaughan, Airport Slot Concession, Inc.[5]

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.
  5. "STATE OF NEVADA GAMING CONTROL BOARD REPORT OF LOCATIONS" (PDF). March 2, 2009. Archived from the original (PDF) on May 21, 2009. Retrieved March 13, 2009.
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