Nevada-based company, Clarity Game Nevada, LLC, finalizes acquisition of Stockman's Casino's stock.
** Breaking News: Clarity Game Acquires Stockman's Casino, Renovations Ahead **
After a lengthy negotiation, Clarity Game Nevada, LLC finally sealed the deal for Stockman's Casino operations on April 1st, 2025, marking the culmination of their acquisition process. The move comes following the land and asset deal that went through in September 2024 [1].
Since its inception in 1955, Stockman's Casino has been a staple in downtown Fallon. The upcoming changes include renovations, the addition of new slot machines, and an overall redesign aimed at elevating the gaming and entertainment experience for guests [1].
Behind the Helm: Clarity Game's Experienced Leadership
Clarity Game, LLC, run by Nevada natives David Ross and Michael Gaughan III, is excited for the new addition. Both Ross and Gaughan boast over 30 years of experience in the casino industry [2]. In their previous roles with Coast Casinos, Affinity Gaming, and the JW Marriott & Rampart Casino, they demonstrated a knack for identifying and capitalizing on gaming opportunities [2].
A Busy Year Ahead for Clarity Game
The acquisition of Stockman's Casino marks the third casino buyout for Clarity Game within the past six months [2]. With this latest acquisition, they expand theirreach within Nevada and the US gaming sector.
David Ross expressed his enthusiasm for venturing into Northern Nevada, stating, "As natives of Nevada, we know there's more to the state than just Las Vegas. Our formula of loose slots, great food, and top-notch service will fit seamlessly into Churchill County" [2].
A Deal Made with Full House Resorts
Clarity Game acquired Stockman's Casino from Full House Resorts, who had purchased it in 2007 [3]. In September 2024, Full House Resorts agreed to sell the casino's land, building, and operating assets to Clarity Game. The total gross proceeds amounted to around $9.2 million [3].
The sale occurred in two stages, with $7 million for the real property and $2.2 million for the remaining operating assets [3]. A temporary $50,000 monthly rental agreement was put in place, allowing Full House Resorts to maintain operations until the final transaction closing in April 2025 [3].
Looking Ahead: Enhanced Entertainment and Gaming Spaces at Stockman's Casino
Stockman's Casino currently offers 188 slot machines, virtual table games, sports betting, and the Stockman's Café, which operates from 7:00 a.m. to 9:00 p.m. daily [4]. Clarity Game intends to replace around 40%-50% of the outdated slot machines (many over 20 years old) and reimagine the casino spaces with new carpet, paint, and other updates to boost competitiveness [1][3].
While the exact timeline for these updates has yet to be announced, the plans align with Clarity Game's post-acquisition plans revealed in April 2025 [2][3]. Exciting times lie ahead for Stockman's Casino and its guests!
[1] Enrichment Data: Key details - Scope: Mix of new slot machines and casino space reimagining [3], Ownership history: Purchased from Full House Resorts (acquired in 2007) via a late-2024 land/asset deal [3], Leadership: Nevada natives David Ross and Michael Gaughan III, emphasizing local market expertise [2][2] Enrichment Data: Clarity Game's third casino acquisition in the last six months, Ross and Gaughan have 30+ years in the senior management of Coast Casinos, Affinity Gaming, and the JW Marriott & Rampart Casino, and Ross highlights their interest in operating casinos in Northern Nevada for a long time[3] Enrichment Data: Immediate plans for enhancements, including updating 40%-50% of outdated slot machines and remodeling gaming spaces[4] Enrichment Data: Stockman's Casino's current offerings: 188 slot machines, virtual table games, sports betting, and Stockman's Café, which is open 24/7, with the café open from 7:00 a.m. to 9:00 p.m. daily
- In April 2025, Clarity Game Nevada, LLC completed the acquisition of Stockman's Casino, marking the end of a lengthy negotiation process that involved renovations and updates.
- The acquisition of Stockman's Casino is Clarity Game's third casino buyout within the past six months, further expanding their reach in the gaming sector.
- Clarity Game is excited about its new addition, as the casino's new owners, David Ross and Michael Gaughan III, have over 30 years of experience in the casino industry and a knack for identifying profitable gaming opportunities.
- The upcoming changes at Stockman's Casino include renovations, a redesign aimed at elevating the gaming and entertainment experience, and the addition of new slot machines.
- The sale of Stockman's Casino to Clarity Game was finalized in April 2025, following a land and asset deal with Full House Resorts in September 2024.
- Stockman's Casino offers 188 slot machines, virtual table games, sports betting, and the Stockman's Café. Clarity Game plans to replace around 40%-50% of the outdated slot machines and reimagine the casino spaces with new updates.
- The Stockman's Casino-and-gambling culture in Las-Vegas-style will be maintained, while also catering to the unique Churchill County market, according to Clarity Game's David Ross.
