Casino MonteLago, which opened in 2003 – the only gaming location inside the upscale, now bankrupt Lake Las Vegas, located approximately 50 miles south of Las Vegas – has announced it will close on March 14, eliminating in its wake 177 jobs.
The 40,000 square foot casino has 635 slot machines, a dozen gaming table games, a race and sports book, and two restaurants.
This venue casualty follows a notice a week ago of the impending shutdown of the Ritz-Carlton in Lake Las Vegas, planned for May, costing an additional 350 jobs.
Two of the three luxury golf courses have already been shut down during the community’s prior Chapter 11 bankruptcy proceedings.
Lake Las Vegas already has more than $700 million in liabilities- and growing.
The only holdout, for now, is the 493-room nongaming Lowes Lake Las Vegas and the MonteLago Village retail center.
Come June, the environmentally pleasing alternative to the fast-pace and glitter of the Las Vegas Strip, will be largely transformed into a gem of a ghost town.