Golden Gate Hotel and Casino
|Golden Gate Hotel & Casino|
|Location||Las Vegas, NV|
|Address||1 Fremont Street|
|Theme||1930s San Francisco|
|No. of rooms||122|
|Total gaming space||35,000 sq ft (3,300 m2)|
|Signature attractions||Shrimp cocktail
|Owner||Desert Rock Enterprises|
|Previous names||Hotel Nevada
|Renovated in||1931, 1955, 2005|
|Website||Golden Gate Hotel & Casino|
The Golden Gate Hotel & Casino is located at One Fremont Street in Las Vegas, Nevada, in the United States. A part of the Fremont Street Experience, it is the oldest and smallest hotel (106 rooms) on the Fremont Street Experience.
Hotel Nevada (1906–1931)
Sal Sagev Hotel and Casino (1931–1955)
Golden Gate (1955–present)
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 1965, the hotel's exterior was covered in aluminum siding, which remained until its removal in 1990.
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, the Golden Gate undertook casino upgrades and hotel room renovations. The following year, the Stevens 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, gutting the old piano bar area and vintage hotel lobby area in favor of a more open and modern look, including scantily-clad women at the betting tables known as dancing dealers. The $12 million renovation includes a 35,000-square-foot, five-story hotel tower with 14 new suites and two penthouses, a new porte cochere, new check-in and slot club desks, expansion of the casino floor and added a high limit gaming area.
Greg and Derek Stevens became full owners of Golden Gate in 2016.
In February 2017, construction began on an expansion to the Golden Gate's casino. The expansion will take Golden Gate's footprint into the space formerly occupied by the La Bayou casino.
On February 7, 2017, Du-par's Restaurant & Bakery closed due to "financial reasons." Du-par's was owned by Biff Naylor, son of one of Golden Gate's original owners, Tiny Naylor.
The Original Shrimp Cocktail consists of a regular-sized sundae glass filled with small salad shrimp and topped with a dollop of cocktail sauce. In 1991, the price was raised from 50¢ to 99¢. The price was raised in 2008 to $1.99. Until the recent 2012 renovations, there was a deli bar from which the shrimp cocktails were served.
On April 26, 2008, the price on the famous shrimp cocktail rose to $1.99, due to a rise in fuel costs; it was the first increase in 17 years. Prior to the price increase, the casino lost about $300,000 a year on shrimp cocktails. As of October 26, 2012, the price stood at $2.99. As of August 2013, the price was $3.99.
With the closure of the privately-owned Du-par's restaurant, Golden Gate discontinued serving its shrimp cocktail. Derek Stevens, co-owner of Golden Gate, stated the shrimp cocktail recipe is owned by the casino, and that it would return with the next restaurant concept to open at the hotel.
- Olmsted, Larry (March 20, 2012). "Downtown Vegas Revival Continues With Reborn Golden Gate Casino". Forbes. Retrieved May 21, 2017.
- "Downtown Las Vegas hotels & casinos 1931-2000.". Vintage Las Vegas. Retrieved 2016-05-29.
- Stutz, Howard (2008-03-21). "Commission approves sale of 50 percent stake in Golden Gate". Las Vegas Review-Journal. Retrieved 2008-03-22.
- Knightly, Arnold (26 September 2009). "Partners create new look for Golden oldie". Las Vegas Review-Journal. Retrieved 15 March 2012.
- McGarry, Caitlin (19 March 2012). Las Vegas Review-Journal http://www.lvrj.com/business/details-of-golden-gate-renovations-unveiled-143382836.html. Retrieved 17 July 2012. Missing or empty
- Ashley Powers, A jumbo Las Vegas deal doubles its price, Los Angeles Times, June 15, 2008, Accessed June 17, 2008.
- Golden Gate Hotel & Casino (Official website)