Michael Gaughan (businessman)

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Michael Gaughan
Born
Michael John Gaughan

(1943-03-24) March 24, 1943 (age 78)
Omaha, Nebraska
OccupationBusinessman
Known forSouth Point Hotel, Casino & Spa, Coast Casinos
ChildrenBrendan Gaughan
Parent(s)Jackie Gaughan (father)
Websitewww.southpointcasino.com

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.

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.[citation needed]

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.[citation needed] 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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