Shortly thereafter, ownership was transferred to Yarlow, Inc., owned by Thomas Yarbrough, who had to apply for a new gaming license to operate the casino.
By that point, new ordinances had been passed which would require the construction of a 200-room hotel to meet approval for a limited gaming license.
[7] In July 1990, Yarbrough was approved for a 2,993 sq ft (278.1 m2) addition to the casino, which would include the removal of existing buildings already on the property.
Possible amenities that would be added in the expansion included a video game arcade, a gift shop, a snack bar, and a sports book.
[13] Industry observers felt that the closed casino would need to expand and add amenities such as a pool and hotel in order to compete.
[14] In September 1998, John Woodrum, a longtime friend of Yarbrough,[15] purchased the property for $1.4 million in a foreclosure auction.
[15] Woodrum's Klondike property on the Las Vegas Strip attracted a clientele consisting mostly of senior citizens and Henderson residents who preferred smaller casinos.
[16] At the time of its opening, the Klondike Sunset Casino consisted of a 15,000 sq ft (1,400 m2) building and featured an Alaskan wilderness theme.
[16] At approximately 4:00 a.m. on December 30, 1999, two masked gunmen robbed the casino's change cage and then fled with an undisclosed amount of money.
The Woodrum family, which spent $1 million to keep the business operational, acknowledged that the casino would probably no longer be around in another decade, as they planned to eventually sell the property when it became valuable enough.
[36] In February 2013, the casino was found to be in violation of state regulations, as its minimum bankroll was $25,706 short, which could have prevented it from paying off potential customer winnings.
[28][32] In March 2014, the Nevada Gaming Control Board filed an eight-count complaint against the casino, which was cited for continued violations of failing to maintain a minimum bankroll.
[39] As a result, much of Giudici's time was spent primarily on selling his Club Fortune casino, although he hoped to use the profits from the sale to finish renovations on The Mint.
[39] Because of unforeseen circumstances, CG Enterprises was unable to proceed with its renovation plans,[41] and sold the casino to Bruce Familian and Jon Athey in December 2015.
The casino employed approximately 70 people at that time, and exclusively featured slot machines, with no table games.
[46][47] Nevada Gaming Partners LLC, Familian's company which opened and operated the casino,[48][49] filed for Chapter 11 bankruptcy in November 2016.
[48] In October 2017, Nevada Gaming Partners' bankruptcy was converted to a Chapter 7 liquidation due to a halt in a dispute among creditors regarding Familian's continued operation of the casino.
After the bankruptcy change, Familian and Las Vegas attorney Brian Shapiro were preparing to sell the casino through an auction but they wanted to keep it open during the process.
[50] In February 2018, Giudici planned to buy back the casino from Familian, with the sale expected to be complete by March.