| Gold Spike Hotel and Casino | |
|---|---|
| Address | 217 Las Vegas Blvd North Las Vegas, Nevada 89101 |
| Opening date | 1976 |
| No. of rooms | 162 |
| Total gaming space | 5,820 sq ft (541 m2) |
| Casino type | Land Based |
| Owner | The Siegel Group |
| Previous names | Rendezvous |
| Years renovated | 2008-2010 |
| Website | http://www.goldspike.com/ |
Gold Spike Hotel and Casino is a boutique 112-room,[1] seven floor hotel-casino, connected with the Oasis at the Gold Spike, a 50-room three floor hotel located in downtown Las Vegas.
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It originally opened in 1976 as the 112-room Rendezvous. In 1983 Jackie Gaughan purchased the property after it had been closed for several months. The Gold Spike for years has been known as an inexpensive hotel with few amenities.[2]
On December 6, 2002 Gaughan and Barrick Gaming signed an AGREEMENT OF PURCHASE AND SALE to sell the Gold Spike and three other casinos.[3] This sale, along with several other downtown Las Vegas hotel/casinos, was completed in 2004, for a combined total of about $82 million.[4] Barrick Gaming Corp was in partnership with Tamares Group. After the purchase, management discontinued the table games and only offered slot machines. In a few years the property was offered for sale.[5]
On 23 July 2007 Greg Covin bought the property for $15.6 Million with the original intention of turning it into a boutique hotel.[6]
He sold it on February 4, 2008 for $21 million to The Siegel Group.[7]
The Siegel Group set out to completely renovate the property[8] and combine it with an old and forgotten 52-room motel located next to the property. As one author wrote, the Gold Spike now has "Quartz walls, tile floors, wood accents, and new everything", making it "a very modern boutique hotel in the heart of downtown".[9] The first floor, which contains the gaming floor, the bar, and the restaurant, was completely renovated by February 2009.[10]
By April 2010, all guest floors and the exterior of the hotel has been completely remodeled and renovated. In May 2010, the Oasis Pool opened, giving Gold Spike a swimming pool.
In May 2010, the City of Las Vegas changed the combined Gold Spike Hotel & Casino and The Oasis at Gold Spike's address from 400 E. Ogden to 217 Las Vegas Blvd North, making it the only downtown Las Vegas Hotel / Casino with a Las Vegas Blvd address.
The adjacent 3-story motel was originally built in 1962 as a 57-room Travel Inn Motel.[11] The property was abandoned, becoming a blight between the Fremont Street Experience and Las Vegas City Hall. The Siegel Group purchased this property in August 2007 for $5 million[12] and started making plans to renovate it and reopen the property. Plans were put on hold when they purchased the neighboring Gold Spike. Finally, by April 2010, the rooms had been completely renovated and renamed "The Oasis at The Gold Spike"[13] and connected to the Gold Spike via an outdoor lounge and walkway.[14] After a reconfiguration of the property, it was left with 50-rooms, which have been modernized and turned into bungalow suites.[15]
The Oasis at the Gold Spike had the distinction of being the only downtown hotel with a Las Vegas Blvd. address.[16] In May 2010, the City of Las Vegas changed the entire Gold Spike property to this address.
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