LAS VEGAS (AP) — Nevada regulators say a man who bought two Virginia City saloon casinos is not fit to own or rent them.
Vincent Michael Malfitano of Northern California was denied a license by the Nevada Gaming Commission Thursday.
He bought the Delta Saloon and Bonanza Saloon in October 2014.
The commission says it came down to Malfitano's character and business sense citing lawsuits and financial concerns.
Malfitano says the commission made the wrong decision and was dismayed his integrity was questioned.
Commissioners say Malfitano and the casinos' manager could come back and propose a short-term arrangement to keep the saloons open while he makes arrangements to sell the properties.
Malfitano, a former dentist, owns Cypress Meadows Assisted Living in Antioch, California.
The commission unanimously affirmed an earlier Gaming Control Board recommendation.