Omni-channel gambling business Affinity Interactive has agreed to sell its Rail City Casino in Sparks, Nevada to affiliates of Truckee Gaming.
Financial terms of the deal were not disclosed, but Affinity did state that it expects the sale to complete before the end of the year, subject to regulatory approval and the satisfaction of customary closing conditions.
Rail City Casino has approximately 24,000sq ft of gaming space with over 400 slot machines, a keno lounge and a number of dining options.
Affinity said the sale will allow it to focus on investing in other opportunities that align with its core business and growth strategy.
“As part of the Affinity Interactive family, we expanded our offerings and capabilities, allowing us to continuously enhance the Rail City experience for our valued customers and gaming enthusiasts,” Affinity chief executive Andrei Scrivens said.
The agreement comes after the Nevada Gaming Control board last week reported an 18.0% year-on-year rise in gambling revenue in the US state during January, with growth across all key markets.
Revenue for the month amounted to $1.27bn, up from $1.08bn in January 2022 but 3.1% lower than $1.31bn in December of last year.