Full House Resorts and Hyatt have agreed to undertake a million improvement of the Grand Lodge Casino at Hyatt Regency Lake Tahoe Resort, Spa & Casino.
Hyatt agreed to invest up to $3.5 million in to refurbish the casino and its related food and beverage facilities, while Full House will invest up to $1.5 million for new gaming and related equipment.
“We value our long-standing relationship with Hyatt and are pleased to collaborate to further differentiate this unique AAA Four Diamond resort from any competitor in Northern California or Nevada,” Full House Resorts President and CEO Daniel R. Lee said.
Full House operates the casino and said the renovation will be done in phases to minimize disruption for guests, and the renovation should be completed in early 2017.
“Our entire team is excited with the upcoming improvements. We look forward to welcoming our guests into a ‘new’ and energized casino,” Grand Lodge General Manager Scott Ruhl said.
Full House Resorts also announced the lease is being extended from its current maturity date of August 31, 2018, to August 31, 2023.