History
It opened in 1906 as the Hotel Nevada. In 1907 it was assigned Las Vegas' first telephone with the number 1. In 1931, with gambling being re-legalized in Nevada, the Hotel Nevada was expanded and renamed Sal Sagev (Las Vegas spelled backwards.)
The hotel gained its current name in 1955 when a group of Italian-Americans from San Francisco Bay Area started the Golden Gate Casino. The 106-room, four-story hotel was renovated in 2005.
In March 2008, owner Mark Brandenberg sold a 50% interest in the property to Desert Rock Enterprises, the investment company of Derek and Greg Stevens, who also owned the Las Vegas 51s baseball team and a 19% stake in the Riviera casino. With new money infused by the Stevens's, the Golden Gate undertook casino upgrades and hotel room renovations. The following year, the Stevens's raised their stake to 60%, and Derek took over as CEO, with Brandenburg as president.
In 2012, the Golden Gate began its first major renovation in more than 50 years. The $12 million renovation includes a 35,000-square-foot, five-story hotel tower with 14 new suites and two penthouses. The property will build a porte cochere, expand the casino floor and add a high limit gaming area.
Read more about this topic: Golden Gate Hotel And Casino
Famous quotes containing the word history:
“The history of the past is but one long struggle upward to equality.”
—Elizabeth Cady Stanton (1815–1902)
“To care for the quarrels of the past, to identify oneself passionately with a cause that became, politically speaking, a losing cause with the birth of the modern world, is to experience a kind of straining against reality, a rebellious nonconformity that, again, is rare in America, where children are instructed in the virtues of the system they live under, as though history had achieved a happy ending in American civics.”
—Mary McCarthy (1912–1989)
“What would we not give for some great poem to read now, which would be in harmony with the scenery,—for if men read aright, methinks they would never read anything but poems. No history nor philosophy can supply their place.”
—Henry David Thoreau (1817–1862)