Business & Real Estate

Sinatra’s old Tahoe casino to reopen on his 100th birthday

Cal Neva in 2009
Cal Neva in 2009 Bee file

The Cal Neva Resort & Casino was originally supposed to reopen Friday, marking former owner Frank Sinatra’s 99th birthday.

Instead, the old Lake Tahoe landmark will reopen next year in time for Sinatra’s 100th.

Criswell Radovan LLC, a St. Helena investment firm that bought the Cal Neva in 2013, said Friday that the north shore resort will undergo a thorough renovation and reopen Dec. 12, 2015. The property has been shuttered since September 2013.

The firm has struggled to get funding for the renovation and didn’t finish its financing plans until a month ago. The project will cost $49 million.

Sinatra owned the Cal Neva from 1960 to 1963, when he lost his gambling license after an FBI agent spotted mobster Sam Giancana on the premises. While he owned it, Sinatra opened a showroom, which will be refurbished as part of the overall renovation.

The Cal Neva is one of several Tahoe casinos getting a facelift. On the south shore, developers are turning the old Horizon casino into a Hard Rock Hotel & Casino and the Montbleu resort is also getting a major overhaul.

Call The Bee’s Dale Kasler, (916) 321-1066. Follow him on Twitter @dakasler.

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