El Rancho Hotel and Casino
- Not to be confused with the El Rancho Vegas, also in Las Vegas.
|El Rancho Hotel and Casino|
El Rancho Casino 1995, after closing.
|Address||2755 Las Vegas Blvd South|
|Opening date||September 2, 1948|
|Closing date||July 6, 1992|
|Number of rooms||600|
|Previous names||Thunderbird (1948-1976)
|Renovated in||1964, 1976, 1982, 1987, 2000|
The El Rancho Hotel and Casino was a hotel and casino that operated on the Las Vegas Strip in Paradise, Nevada from 1948 to 1992. It was known as The Thunderbird Hotel from its opening to 1976, and The Silverbird from 1977 to 1981.
On September 1, 1948, the Thunderbird Hotel was the fourth resort to open on the Las Vegas Strip. The resort was built by developer Marion Hicks and owned by Lieutenant Governor of Nevada Clifford A. Jones. The resort had a Native American theme and featured portraits, a Navajo-based restaurant, the only bowling alley ever on the Strip, and a showroom. In 1955, articles surfaced in the Las Vegas Sun saying that Meyer Lansky and other underworld figures held hidden shares in the hotel.
In 1964, the casino was purchased by Del Webb for $10 million. He ran the resort until 1972, when he sold it to Caesars World, owner of Caesars Palace, for $13.6 million. A $150-million, 2,000-room resort called the Mark Anthony was planned for the site, but Caesars was unable to find financing, and sold the property four years later to banker E. Parry Thomas at a loss of $5.7 million. Thomas later sold it to Major Riddle, owner of the Dunes Hotel, who renamed the resort as the Silverbird in 1976.
The Silverbird opened on January 1, 1977. Four years later, Major Riddle sold the resort to Ed Torres, who also owned the Aladdin Hotel and Casino. Torres renamed the Silverbird to the El Rancho, named after the nearby El Rancho Vegas, which burnt down in 1960.
El Rancho Casino
On August 31, 1982, the El Rancho Casino opened its doors. According to the Gaming Control Board, the owner, Ed Torres had close ties with some of the most notorious crime characters of the time. However, this did not restrict him from owning a gaming license. Rodney Dangerfield opened the "Rodney's Place" comedy club inside the El Rancho in 1982.
The El Rancho Casino closed on July 6, 1992. For several years the marquee claimed that El Rancho's Countryland USA would be coming soon, which called for two, 20-story cowboy boot-shaped hotel towers. That project never came to be and the property was sold to Las Vegas Entertainment Network Inc. They failed to reopen it and sold it to International Thoroughbred Breeders Corp., founded by notorious penny-stock operator Robert E. Brennan.
Other plans for the site have included a project slated as Starship Orion, a Star Wars-like casino-resort, but all the proposed projects fell through, or were not approved. KVBC News 3 of Las Vegas did an investigation into rumors of ghosts, and discovered that most of the structure was rotten, with a handful of operating slot machines, and some rooms totally renovated and maintained. This report led to the state ordering Turnberry Associates to consider a purchase of the property. In 2000 the land was purchased by Turnberry for $45 million, and on October 3, 2000, the old resort was imploded.
The El Rancho sign was covered with a new sign advertising the Turnberry Place condos. Since early 2006, part of the new sign's south side has been missing, and as of April 2006, the words "El Rancho" are visible. The remainder of the site become part of the land used for the Fontainebleau Resort Las Vegas.
- "Caesars World closes hotel deal". Miami News. 1 November 1972. Retrieved 2012-04-22.
- "Las Vegas hotel plan canceled". Press-Courier (Oxnard). Associated Press. 12 June 1975. Retrieved 2012-04-21.
- "Large motel sold at loss". Spokane Daily Chronicle. Associated Press. 16 September 1976. Retrieved 2012-04-21.
- "Ghosts of El Rancho". Las Vegas Review-Journal. Las Vegas Review Journal. December 1, 1999. Retrieved 2008-11-28.
- "Sale possible of old El Rancho on the strip". Las Vegas Sun. Las Vegas Sun. June 7, 1999. Retrieved 2008-11-26.