Frank Sinatra once owned this hotel and casino. Business has been anything but melodious since.
🎶 Frank Sinatra and Dean Martin owned the Cal Neva Resort & Casino in North Lake Tahoe from 1960. Clara Bow ran up a $13,000 gambling debt here in 1930, equivalent to $250,000 today. Larry Ellison acquired the resort for $35 million in 2018, selling it to McWhinney for $58 million in 2023. The new owner plans to partner with Proper Hospitality to open the revamped Lake Tahoe Proper Resort & Casino in 2027, featuring 198 rooms.
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