Michael Gaughan (independent)

Owner-operator of South Point; gave $1M+ to employees in 2025
Last verified · May 18, 2026

Michael Gaughan sold his original Coast Casinos portfolio (The Orleans, Gold Coast, Suncoast) to Boyd Gaming in 2004, then took over operations of the South Point (which Boyd had built as "South Coast") from Boyd in October 2006. South Point is now the largest single-property independent locals casino in Las Vegas — 60-acre campus, 1,200 climate-controlled equestrian stalls, 240,000 sq ft of event space.

Gaughan handed out $1M+ in personal cash bonuses to South Point employees after the 2025 tax bill — a move that drew industry attention.

Properties owned (1)

Categories: Operators