As the operator of over 13,000 slot machines throughout the state, Herbst Gaming is one of the largest operators of slot machines in Nevada.
Our business is divided into two segments—slot route operations and casino operations. Our slot and casino businesses target local customers and capitalize on Nevada’s strong demographic trends. Nevada is, and has been for the last several years, one of the fastest growing states in the United States and has been characterized by a strong economy and demographics that include an increasing number of retirees and other active gaming patrons. In addition, our company owns three casinos in St. Joseph, Missouri, LaGrange Missouri, and Osceola, Iowa.
The company is owned and operated by the Herbst brothers, Ed, Tim and Troy.
The "Best Bad Guy in the West"
Herbst Gaming had its beginnings in 1987 as an offshoot of the family business, Terrible Herbst Oil Company. The Terrible Herbst legacy began with Ed, Tim and Troy’s grandfather, Ed Herbst, in 1959 and for the past 40 years the Terrible Herbst Oil Company has prospered under the ownership and guidance of their father, Jerry Herbst. The Terrible Herbst brand and familiar "Bad Guy" cowboy logo, has been continuously utilized in Nevada since 1959 and is currently used at our five casinos, 80 gasoline stations and convenience stores as well as over 600 slot route locations located throughout the state of Nevada. Herbst Gaming is committed to the high level of quality, value and service associated with the Terrible Herbst brand name.
Herbst Gaming began by servicing the slot machines located in the Terrible Herbst locations and grew from that base to become the preeminent slot route operator in the State of Nevada. The company’s gaming presence grew with the addition of it’s five casinos, Terrible’s Town and Terrible’s Lakeside both located approximately 60 miles from Las Vegas in Pahrump, Nevada, Terrible’s Town Casino and Bowl in Henderson, Nevada Terrible’s Hotel and Casino located in Las Vegas and Terrible's Searchlight. In addition, on February 1, 2005, as a result of the Grace Acquisition, the company’s casino operations grew to include the St. Jo Frontier Casino in St. Joseph, Missouri, or St. Jo, the Mark Twain Casino in LaGrange, Missouri, or Mark Twain, and the Lakeside Casino Resort in Osceola, Iowa, or Lakeside Iowa.
The company currently employs over 2000 people.
Herbst Bank Presentation
Bank of America Conference Presentation