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The Golden Nugget Las Vegas is situated
in Las Vegas, Nevada on the Fremont Street Experience.
The land is owned and operated by Poster Financial Group,
Inc.
It is the biggest casino in the downtown
area, with more than 1,900 hotel rooms.
Steve Wynn bought a stake in it, which
he increased so that, in 1973, he became the popular
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 initially built
in 1946, making it one of the oldest casinos in the
city.
Was own by the Golden Nugget Companies.
Became a Mirage Resorts land in 1989
when the Golden Nughet companies became Mirage Resorts.
Sold to Poster Financial Group in 2004.
When Poster Financial assumed control
of the Golden Nugget, they began to improve the gambling
operation, for example by installing new cashless slot
machines and by increasing the maximum bet available
at table games to $15,000. Their story became the source
for The Casino, a television series on Fox, scheduled
to premiere on June 14, 2004.
On February 4, 2005, Houston, Texas
based Landry's Restaurants, Inc. announced its intent
to pay for the Golden Nugget.
Casino
In 1873, Joseph Jagger gained the casino
great advertising by "breaking the bank at Monte
Carlo" by discovering and capitalizing on a bias
in one of the casino's roulette wheels. In theory, the
bank in this sense was the money held on the table by
the croupier. According to an article in The Times in
the late 19th century, it was thus possible to break
the bank more than a few times. The 1892 song The Man
that Broke the Bank at Monte Carlo, made famous by Charles
Coburn, was probably enthused by the exploits of Charles
Wells, who broke the bank on many occasions on the first
two of his three trips. | 
