FEB. 1, 1955: Canon sells Tahoe Club to Harrah’s
George Canon today announced sale of George’s Gateway Club at Stateline, Lake Tahoe, to Harrah’s Club Inc. of Reno.
The purchase price was “considerably in excess of $500,000,” Canon said.
Canon said today that he wants to be able to devote full-time to operation of the Senator Club here, which he recently remodeled and enlarged.
George’s Gateway Club has been operated by Canon and his partner, Phillip “Curly” Musso. Canon said it will be turned over to Harrah’s Club Thursday morning.
It is reported that Harrah’s will establish at the Stateline resort the famed Pony Express museum which it recently bought from W. Parker Lyon of Arcadia, Calif. Included in the same deal was Tony’s Club at Stateline, operated by Tony Grech.
An application seeking a state gambling license for the Gateway Club was filed with the state tax commission here yesterday just before a temporary license moratorium enacted by the Legislature became law.
At the same time, Canon and Musso filed an application seeking a gambling license for Casino de Paris at Lake Tahoe, formerly known as Tahoe Village.
The club, presently in the hands of the Nevada board of trade, has gone bankrupt several times in the past.
This continues the Appeal’s review of news stories and headlines during its Sesquicentennial year.