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The Golden Nugget Las Vegas
The Golden Nugget Las Vegas is a casino-hotel located in Las Vegas, Nevada, USA on the Fremont Street Experience. The property is owned and operated by Landry’s Restaurants. It is the largest casino in the downtown area, with a total of 1,907 rooms. It has also maintained AAA’s four diamond rating consecutively for the past thirty years. Steve Wynn bought a stake in it, which he increased so that, in 1973, he became the majority shareholder, and the youngest casino owner in Las Vegas. It was the foundation for Wynn’s rise to prominence in the casino industry. History
The Golden Nugget was originally built in 1946, making it one of the oldest casinos in the city. It was owned by the Golden Nugget Companies, which became Mirage Resorts in 1989. The property was sold to Poster Financial Group in 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. Their story became the basis for The Casino, a television series on Fox that premiered on June 14, 2004. On February 4, 2005, Houston, Texas-based Landry’s Restaurants, Inc. announced its intent to purchase the property. The sale closed on September 27, 2005. The world’s largest gold nugget on display, the Hand of Faith, is displayed in the Golden Nugget lobby. Weighing 27.2 kilograms and 46 centimeters in length, the Hand of Faith was found near the Golden Triangle in Australia, and put on display at the casino in 1981 amid a number of other gold nuggets. The casino’s large hotel sign at its entrance off Fremont and Casino Center was removed in 1984 when the casino underwent renovations. The old sign presently sits at the YESCO signage yard. |
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