What is Michael Gaughan’s Net Worth?
Michael Gaughan is an American Businessman who has a net worth of $200 million. Michael Gaughan was born March 24, 1943 in Omaha, Nebraska. He is a on line casino proprietor and operator in Las Vegas, Nevada and the son of Jackie Gaughan, additionally a infamous on line casino proprietor. Michael Gaughan is the previous proprietor of a NASCAR race group, South Point Racing, for which his son Brendan Gaughan previously drove. Michael confirmed early curiosity in racing and went on to win the 1966 Mint 400 race. He gained different races as nicely and his curiosity continued inside South Point Racing, which he based in 1999 and dissolved in 2007. After many roles in casinos, together with numerous possession roles, Michael opened the Barbary Coast Hotel and Casino in March 1979 at a price of $11.5 million.
The on line casino grew to become the muse for Coast Casinos. Michael Gaughan Airport Slots is positioned at McCarran International Airport. In 2004, Michael offered Coast Casinos for $1.3 billion to Boyd Gaming. In July 2006, Boyd Gaming introduced it was promoting the South Coast to Michael for an estimated $576 million. The South Coast was required to be renamed as part of the acquisition and was renamed South Point. Michael Gaughan was elected to the Gaming Hall of Fame in 2009. Gaughan graduated from Bishop Gorman High School in 1961, graduated from Creighton University in 1965 with a BSBA in Accounting and obtained his MBA in Labor Relations from the University of Southern California in 1967.
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