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1953 Remodel 1967 Sold to Kirk Kerkorian 1968 Low-Rise Remodel 1972 Sold to Hilton Corp. 1974 Renamed Flamingo Hilton 1974 Opened Under New Name "Flamingo Hilton" 1977 Tower Addition 1980's Additions: 4 Towers 1998 Owner Hilton Hotels "spins off" Gaming Operations to Create Park Place Entertainment 2004 Park Place Entertainment Changes Name to Caesars Entertainment 2004 Proposed $9.4 B Merger with Harrah's Entertainment (Includes Other Assets) December 26, 1946 - The Strip's third resort Flamingo Hotel opened with 105 rooms. The Flamingo Hotel, built by mobster Benjamin "Bugsy" Siegel, a member of the Meyer Lansky crime organization. The Flamingo with a giant pink neon sign and replicas of pink flamingos on the lawn, opened on New Year's Eve 1946. Six months later, Siegel was murdered by an unknown gunman who fired an M-1 rifle through the window as Siegel sat in the living room of the Beverly Hills, Calif., home of his girlfriend, Virginia Hill. Siegel's life was the subject of a 1992 movie entitled "Bugsy." Although the historic accuracy of the movie is questionable, the movie prompted the Flamingo to open the "Bugsy Celebrity Theater" in November 1992. The Flamingo, after numerous ownership changes, is now owned and operated by the Hilton Hotel Group. Its proper name is the Flamingo Hilton. While the El Rancho Vegas and other 1940s resorts followed a western ranch-styled theme, the Flamingo was what Siegel called a "carpet joint." It was modeled after resort hotels in Miami. Only the Flamingo Hotel name has survived the 1940s era of Las Vegas Strip development. The final end of the Flamingo as Bugsy knew it was announced early in 1993 when Hilton Corp. revealed plans to construct a $104 million tower addition at the Strip resort -- the last of a six tower master plan. The addition opened in the spring of 1995. Architectural plans included razing the outmoded, motel-style buildings at the rear of the property, dooming the fortress-like "Bugsy Suite" and bullet proof office used by the gangster before his death in 1946. In December 1993, the last remnants of Bugsy Siegel and his residence were destroyed when the hotel bulldozed the Oregon Building that held the suite in which the gangster once lived.
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