Lake Las Vegas casino shutters for 2nd time - FOX5 Vegas - KVVU

Lake Las Vegas casino shutters for 2nd time

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Casino MonteLago suspended operations for a second time at Lake Las Vegas on Oct. 29, 2013. (Elizabeth Watts/FOX5) Casino MonteLago suspended operations for a second time at Lake Las Vegas on Oct. 29, 2013. (Elizabeth Watts/FOX5)
LAKE LAS VEGAS (FOX5) -

Casino MonteLago at Lake Las Vegas shuttered its doors Tuesday with operators citing lease issues for the property.

Currently, the casino and its hotel, Hilton Lake Las Vegas, are owned by Newage Lake Las Vegas, which bought the resort from previous owner Village Hospitality last November.

"It is very unfortunate that we are unable to continue operations at this time," said casino general manager Marcus Suan. "Lake Las Vegas is recovering beautifully and we are hopeful that either we have resolution of the issues or that Newage has plans to reopen the property quickly."

Guests are upset it closed but some said they saw it coming.

"During the summer, I was playing here probably four times a week," Julie Whitson said.

"I enjoyed the people who worked here and the people that came to play," Karen Neeley said.

FOX5 spoke with the property owner's parent company Kam Sang Co. which is based out of California. Senior Vice President Phil Wolfgramm assured everyone it's only temporary. The lease required Intrepid Gaming to improve its performance and add more than just slot machines, but they were unable to continue operations.

Wolfgramm said they are planning to bring in new casino operators and it will be much improved.

"We're looking for a provider who can do table games, slot machines and a sports book," Wolfgramm said.

This marked the second time the property suspended operations. According to the casino, the property previously reopened from closure in May 2011 when it was owned by Village Hospitality. The closure lasted nearly a year and a half.

The casino first opened in May 2003.

Suan noted the lake and surrounding businesses remain open.

Stay tuned to FOX5 for the latest on this developing story.

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