IN THE NEWS

For Second Time In Six Months, Gold Spike Sold
Downtown LV property Fetches $21 million

By Benjamin Spillman

Investors John Tippins, center, and Stephen Siegel, right, stand with business affairs director Michael Crandall in the Gold Spike parking lot. Tippins and Siegel bought the hotel-casino for $21 million.
Photo by Clint Karlsen

A south Florida developer's bet on a downtrodden Las Vegas casino paid off in spades, but not in the form of a trendy, boutique hotel.

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