Only the most hardcore Reno natives would know that the Siena, back when it was the Holiday Hotel, actually opened up in 1958 WITHOUT a casino. It was a non-gaming hotel on the river, and the casino was only added later. Hotels like Harrah's downtown are casinos with a hotel added on, but the Holiday was a hotel first, with a casino added on.
Since 1999, the casino has literally not made a dime of money. I don't need a 'source' to tell me this, it's painfully obvious when you visit the Siena on a Friday or Saturday.
Yet, during the weekends, esepcially in the summer, the hotel portion often comes close to selling out.
So, it wasn't necessarily shocking when I learned from an unnamed source that Fernando Leal, developer of the Montage and CommRow (now Whitney Peak Hotel) has bought the Siena.