What Is the Deal with the Hotel Nevada on Main and Bridger?

What is the deal with the Nevada Hotel on Main and Bridger? Who owns it now? Why has it been boarded up so long? Seems like it could be a good condo complex.

Condos are an unlikely future for the site of the Hotel Nevada, the dilapidated old building a block south of Fremont Street on Main Street. (Not to be confused with the six-story Hotel Nevada and Gambling Hall that dominates downtown Ely, Nevada, 250 miles northeast of Las Vegas, which opened in 1929 and for a time was the tallest building in the state.)

This Hotel Nevada's owner is Summit One Network, a Houston-based company that turns out to be an affiliate of Tilman Fertitta’s Landry’s Restaurants empire. So it would appear that Fertitta could have the property in his back pocket with an eye to future reinvention.

However, according to Las Vegas Public Information Officer Natasha Shahani, “At this time, we do not have any planning submittals or permits for this property.”

We reached out to Fertitta’s public-relations representatives, who were initially receptive, but then the cone of silence descended. So if they, or even Fertitta himself, are aware of future plans for Nevada Hotel property, no one's talking.

Update 25 June 2021

And this was sent to us from Jeff L with more information on the Nevada.

I recall getting on a kick to study the Nevada Hotel and Casino sometime within the last 5-20 years. I can share a bit.

It was an early partnership between Sam Boyd, Bill Boyd and some of their early investors. Probably in the early 1970s, and between the construction of the Union Plaza and the California. It was not highly successful and sold after a few years. Somewhere within the last 10-15 years, many of the older motels in the area were being shuttered and some were cleared off. Queen of Hearts and others of comparable size. The Nevada was closed and squatters had begun setting fires within it. This is about time that Fertitta associates bought it. I noticed it was sealed up better and painted the same color as the Golden Nugget. I also suspect that they bought it so that either them or Golden Gate could use the land in the future. Kinda bought it before Tony Hsieh's DTP or others got it.

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Reno Faoro Jun-24-2021

'free phone call'

on our first trip to LV, The NEVADA offered a free phone call , anywhere in the U.S. We were hooked !  UGH!!One had to stay /play for a period of 2 HOURS . We got a 'FREE' CALL , sorry we PAID dearly !!!but learning was GREAT . NO MORE 'FREE CALLS '.

Kevin Lewis Jun-24-2021

Memories of a sleaze joint

I worked as a keno writer at the Nevada back in, oh, when was it, 1875? They paid us on Fridays, but there was a catch. Only one bank in town--down the street a couple of blocks--would cash their checks (and the cage definitely wouldn't). So the guy who handed out the checks would get on the phone with that bank and make sure they were closed before we got them. And back then, of course, that meant we would have to wait until Monday to cash our checks.

One fine day, some lucky SOB hit an 8 out of 8 for $25,000, and the casino manager came swooping down from his office and fired the entire crew. I was on the following shift and was puzzled to see no one in the keno area when I arrived.

I also was FORCED (not asked) to sub in for a blackjack dealer who had doubled over retching and coughing and had to be dragged away. The only trouble was, I had never dealt blackjack before! The drunks didn't care, though. When I finished, the pit boss made me hand over the $3 in tokes I earned.

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