Golden Nugget, Fremont Street, Las Vegas, Nevada

The Golden Nugget Las Vegas is a luxury hotel and casino located in Las Vegas, Nevada on the Fremont Street Experience. The property is owned and operated by Landry’s, Inc. It is the largest casino in the downtown area, with a total of 2,419 deluxe guest rooms and suites.

The Golden Nugget was originally built in 1946, making it one of the oldest casinos in the city. Jackie Gaughan at one time owned a stake in the hotel as part of his many downtown properties. 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. In 1977 he opened the first hotel tower and the resort earned its first four diamond rating from Mobil Travel Guide. It was the foundation for Wynn’s rise to prominence in the casino industry. The second hotel tower opened in 1984 along with the showroom, and the third tower was opened in 1989. On May 31, 2000, the Golden Nugget (and all of Steve Wynn’s other properties) was sold to Kirk Kerkorian; the consolidated corporation was known as MGM Mirage and has been the largest casino corporation in Las Vegas since that date.

On February 4, 2005, Houston, Texas-based Landry’s, Inc announced its intent to purchase the property and the Golden Nugget Laughlin. The sale closed on September 27, 2005.

en.wikipedia.org/wiki/Golden_Nugget_Las_Vegas

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Posted by Ken Lund on 2006-09-17 00:05:12

Tagged: , las vegas , nevada