Taking into account regulatory approvals and other closing conditions, it should be seven to 12 months before Fertitta officially owns Hard Rock Lake Tahoe. New Life for Hard Rock Lake TahoeĪlthough the price isn’t yet disclosed, the announcement contained approximate transaction completion dates. The property was last remodeled in 2015 when Paragon licensed the Hard Rock name from the Seminole Indian Tribe. Following the transaction’s completion, there are plans to remodel Hard Rock Lake Tahoe into a Golden Nugget, expanding the company’s presence in the Northern Nevada market. Tilman Fertitta’s company owns five Golden Nugget Hotel and Casino properties.