Established in 2000, Paragon Gaming Inc. is a privately held company that possesses a unique array of experience, ability, and financial resources. The founding partners have a long-standing family history in Las Vegas, and were former executives under gaming pioneer William Bennett, founder of Circus Circus Enterprises (later known as Mandalay Resort Group). This vast casino experience translated into multiple disciplines of core competencies & values which Paragon built into a successful gaming company.
Paragon was formed to realize development opportunities across North America. Initially partnering with Native American tribes in the western United States, Paragon quickly expanded its footprint into Canada. The company pursued its first two Canadian ventures in Alberta, CA, with First Nation partners and later expanded into British Columbia, as the company developed a strategic niche in Western Canada.
As the company evolved, Paragon’s management model moved from consultancy based partners to a dynamic, in-house executive team. The team has a collective knowledge of the gaming industry from all disciplines, jurisdictions, and products across every North American casino market. From multi-billion dollar mega-resorts on the Las Vegas Strip to local, suburban casinos with Native American partners, the vast range of expertise allows Paragon to pursue a dynamic range of ventures and provides the necessary services to its various partners and projects.
Diana L Bennett and Scott Menke, the founders of Paragon, are both second generation members of one of Nevada’s most prominent gaming families. Under the leadership of William Bennett, the family has lead multiple successful gaming companies as described below:
William Bennett, co-founder of Circus Circus Enterprises, purchased the Circus Circus Hotel and Casino in 1974. He had the vision to transform the struggling high roller resort and casino, into a successful, first of its kind, family friendly resort on the Las Vegas Strip. He is often credited with revolutionizing the gaming industry as a whole by bringing Middle America to Las Vegas. He went on to grow Circus Circus Enterprises into multiple resorts/casinos across many different gaming jurisdictions and eventually successfully launched the most successful IPO of the 80’s.
Mr. Bennett’s most notable destination properties in Las Vegas are the Luxor Hotel and Casino and the Excalibur Hotel and Casino. These two major casino/resort properties remain as two major landmark casino properties on today’s Las Vegas Strip 20 years later.
William Bennett formed Gordon Gaming in 1991 with the intent of purchasing Sahara Hotel and Casino. Scott Menke, and Diana Bennett, as key members of Mr. Bennett’s team, structured the acquisition of the Sahara Hotel and Casino by Gordon Gaming within a total transaction period of under 6 months, and played key roles in the redevelopment and positive transition of the property. After Mr. Bennett’s death in 2002, the Bennett family sold the Sahara in 2006, recording one of the largest land transactions for the Las Vegas Strip at over a $1 Billion dollars.