In 1956, Harrah’s Lake Club was sold for $5.25 million in cash to Harvey Gross, which at the time was the most expensive casino purchase ever.
Harrah’s Lake Club opened on June 20, 1955, which it is now Harveys Lake Tahoe. Harrah purchased George's Gateway Club in January 1955, for $500,000. Harrah's was first established in Lake Tahoe when William F. The 18-story tower and 512 rooms, plus 65,000 sq ft (6,000 m 2) casino make it one of the largest resorts at South Lake Tahoe.
It is now owned by Vici Properties and operated by Caesars Entertainment. Harrah's is branded with the name of its former owner and operator William F. Harrah's Lake Tahoe is a hotel and casino in Stateline, Nevada.
