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Gold spike las vegas thursday night7/3/2023 ![]() ![]() Their story became the basis for The Casino, a television series on Fox that premiered on June 14, 2004. When Poster Financial assumed control of the Golden Nugget, they began to upgrade the gambling operation by installing new cashless slot machines and by increasing the maximum bet available at table games to $15,000. The Golden Nugget was sold in 2003, for $215 million to Poster Financial Group, owned by Timothy Poster and Thomas Breitling. Gaming revenue on Fremont Street had peaked in fiscal year 1993. (later named MGM Mirage).Īlthough the Golden Nugget was profitable, it was not part of the master expansion plan of the corporation which was focused on consolidating a long stretch of the Strip by acquiring Mandalay Resort Group, building City Center, and beginning construction in Macau. In 2000, the Golden Nugget (and all of Mirage Resorts' other properties) was sold to MGM Grand, Inc. The second hotel tower opened in 1984 along with the showroom, and the third tower was opened in 1989. Frank Sinatra periodically headlined at the Golden Nugget. It was the foundation for Wynn's rise to prominence in the casino industry. In 1977, he opened the first hotel tower and the resort earned its first four-diamond rating from Mobil Travel Guide. Steve Wynn bought a stake in the Nugget, which he increased so that, in 1973, he became the majority shareholder, and the youngest casino owner in Las Vegas. Jackie Gaughan at one time owned a stake in the hotel as part of his many downtown properties. The Downtown Project hasn’t said what it plans to do with the Gold Spike property, which is near the future headquarters of Zappos, the online shoe and apparel retailer set to occupy the former Las Vegas City Hall building at Stewart Avenue and Las Vegas Boulevard.Ĭontact Paradise/Downtown View reporter Nolan Lister at or 70.The Golden Nugget was originally built in 1946, making it one of the oldest casinos in Las Vegas. “I’ll do whatever is best for my family,” he said. Henry said the company has given him a chance to work at two of the other Siegel Group properties : Artisan and Rumor. “It’ll be sad to not work with these folks, but change is good.” “People don’t get lost here they’re remembered.”Įmployees such as Ki Henry, a server at the casino’s restaurant for the past year, have had a positive experience working at the property, even in a short time. “We’re about promoting from within,” he said. Swain said with Lopez’s work experience and “impressive résumé,” she will be highly sought after by larger properties. I have a good feeling about this, though.” Lopez said she was not sure where she would go next. ![]() “They gave me an opportunity and rewarded me for my hard work,” Lopez said. She quickly worked her way up the ranks, eventually becoming the property’s food and beverage manager, Swain said. It’s sad to see it go.”īrianna Lopez started working at the casino in 2009 as a part-time front desk clerk. “I’m going to miss everything about the Gold Spike. “We all felt like a part of growing the business. “We are a big family that will do whatever it takes to help each other out,” he said. General manager Michael Swain agreed and said he has never worked at a property with a better employee retention rate. One reason for the family atmosphere, employees said, was management’s care for its employees. We knew each other we helped each other.” “I’m crying, not because I lost my job but because I will miss my co-workers,” a tearful Manato said, hours before the casino closed its doors. She was there long before the Siegel Group took ownership and orchestrated a major renovation of the property in 2008. Melinda Manato worked at the Gold Spike for seven years as a cashier. The celebration was for its “loyal customers,” Crandall said, but also for the employees. The casino held what management referred to as a “Thank You” celebration during its final day of operation, April 14. They’ll take the baton and keep running.” “Downtown Project has a similar vision of what downtown should be. “We’re proud of what we’ve accomplished, proud to say we were a part of what’s been happening downtown,” Crandall said. Siegel Group vice president Michael Crandall said the company plans to retain 60 percent of the employees, offering them jobs at the company’s other properties, and it will try to place the remaining employees in jobs, possibly with the Downtown Project. for an undisclosed amount to an entity of Tony Hsieh’s Downtown Project, a privately funded venture working to revive downtown Las Vegas, as reported by the Las Vegas Review-Journal. The casino, which opened in 1976, was sold by the Siegel Group Nevada Inc. North.Īsk any of the Gold Spike’s former employees and they will all say the same thing : Time spent at the now-shuttered casino was like being a part of one big, happy family. Bartender Jean Claude Kelly prepares a drink on closing day April 14 at the Gold Spike, 217 Las Vegas Blvd. ![]()
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