El Rancho Hotel and Casino

Description

The El Rancho Hotel and Casino was a hotel and casino that operated on the Las Vegas Strip in Winchester, Nevada. It originally opened on September 2, 1948, as the Navajo-themed Thunderbird. The Thunderbird was owned by building developer Marion Hicks and Lieutenant Governor of Nevada Clifford A. Jones. A sister property, the Algiers Hotel, was opened in 1953. During the mid-1950s, the state carried out an investigation to determine whether underworld Mafia figures held hidden interests in the resort. Hicks and Jones ultimately prevailed and kept their gaming licenses. Hicks died in 1961, and his position as managing director was taken over by Joe Wells, another partner in the resort. Wells added a horse racing track known as Thunderbird Downs, located behind the resort. The Thunderbird also hosted numerous entertainers and shows, including Flower Drum Song and South Pacific.

Business at the resort declined as ownership changed several times. In 1965, Wells and Jones sold the Thunderbird to Del E. Webb Corporation, which later sold it to Caesars World in 1972. Caesars World planned to demolish the Thunderbird and construct a $150 million resort in its place, but the project was canceled because of a lack of financing. The Thunderbird was sold to Tiger Investment Company, which leased it to Major Riddle starting in 1977. Riddle renovated and expanded the resort, and renamed it as the Silver Bird, hoping to reinvigorate it. After Riddle's death in 1980, the Silver Bird was taken over by his estate. The resort closed on December 3, 1981, after an auction failed to produce a buyer on the lease. Ed Torres subsequently purchased the Silver Bird and reopened it as the El Rancho on August 31, 1982. The resort featured a western theme and was named after the original El Rancho Vegas across the street. Torres added a 13-story hotel tower in 1988.

Source

Source: Wikipedia.org

Copyright: Creative Commons 3.0

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US | | Public

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