People browse the streets of MonteLago Village during the grand reopening of Casino MonteLago at Lake Las Vegas on Thursday, May 26, 2011.

For the second time in three and a half years, Casino MonteLago is shutting its doors.

Management announced that the small gambling spot, part of the lavish but financially plagued Lake Las Vegas master-planned community in Henderson, “suspended operations today pending resolution of lease issues with the property owners.”

“We hope that the owners of the casino find a way to support its re-opening soon,” General Manager Marcus Suan said in a news release.

The casino initially closed in March 2010, a victim of the recession, but it re-opened in May 2011 to throngs of customers and a burst of fireworks.

Kam Sang Co. of Southern California bought the casino and adjacent hotel, Ravella at Lake Las Vegas, last November for about $47 million. It was one of Southern Nevada’s most lucrative real estate deals of 2012.

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From Las Vegas Sun. Original story http://www.vegasinc.com/news/2013/oct/29/casino-montelago-lake-las-vegas-closes-over-lease-/?_ga=1.41362533.618410352.1380983655

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