[1] It initially ran into licensing difficulties when the Nevada Gaming Control Board raised concerns about alleged connections between some partners in the ownership group and members of the Detroit crime family; the rest of the group was forced to buy out their shares.

In June 2007, MGM Mirage sold the Edgewater and the Colorado Belle to a partnership of Anthony Marnell III and Sher Gaming for a total of $200 million.

[5][6] On February 3, 2010, a speeding vehicle crashed into the Edgewater Casino's south entrance, destroying six banks of slot machines and killing two casino patrons and injuring eight.

Investigators said that the crash was caused by the driver having a "medical episode".

[7] In January 2019, Golden Entertainment, the owner of the neighboring Aquarius Casino Resort, bought the Edgewater and the Colorado Belle from Marnell and Sher for a total of $190 million.