 On May 5, 2009 Tropicana Entertainment announced that it had assigned the lease, operation and management of Horizon to Lake Tahoe Realty I, LLC.an affiliate of Columbia Sussex, under the terms for the assignment of the Horizon lease stipulate continuous operation of nonrestricted gaming at Horizon.In March 2014, it was announced that the Lake Tahoe Realty's lease to operate the hotel/casino had expired on March 31, 2014 and was not renewed.