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1972 Acquired by Steve Wynn , Fred Doriot, Architect 1976 Tower Addition 1983 Facade Remodel 1984 Tower Addition, Joel Berman, Architect 2000 Sold to MGM for $6.4 B ($6.4 B Includes Other Assets) 2004 Sold to Tim Poster, Tom Breitling, Andre Agassi, Chuck Matthewson & Rich Barton for $215 M 2005 Proposed Acquisition by Landry's Restaurants for $140 M 2005 Sold to Landry's Restaurants Inc. for $325 M 2006 Renovations and additions $100 M 2007 Renovations and additions $70 M 2009 500 room hotel tower $150 M October 11th 2007 More polish for Golden Nugget Downtown hotel gets more space for casino, meetings; hotel tower to come Los Angeles businessman Guy MacAfee opened the Golden Nugget Gambling Hall, Saloon, and Restaurant at 129 East Fremont Street in August of 1946. Advertised as "A place with mahogany bars and crystal chandeliers with the genuine hospitality and old-time gaiety of the Barbary Coast and Virginia City of fifty years ago." During the 1960s, Buck Blaine became president and purchased the Lucky Casino and the Nevada Club next door on Fremont Street so that he could enlarge the Golden Nugget. At the time Steve Wynn took over as president in 1972, the Golden Nugget did not have any hotel rooms. That changed when Wynn bought the Friendly Club on the corner, built the North Tower, then the South Tower, and the Golden Nugget became a first-class hotel. In 1984 Wynn made a bold move when he took down the most photographed sign in the world. Wynn built the Golden Nugget in Atlantic City in 1980, which he sold to Ballys in 1986, then built the Golden Nugget, Laughlin in 1988, the Mirage in 1989, and Treasure Island in 1993. 
Lucky Strike Club and Nevada Club: The Lucky Strike Club opened in 1954 on East Fremont Street between the Golden Nugget and the Nevada Club. Famous for it's vertical sign which read "BINGO" and a miner with a gold pan next to it. The casino closed in 1963 to reopen with a new front and a new name, Lucky Casino. In 1967 it was incorporated into the Golden Nugget. Landry's Restaurants Inc., the second-largest casual dining seafood chain, said today, February 4th, 2005 it agreed to purchase the Golden Nugget Casino in downtown Las Vegas from Poster Financial Group Inc. for $140 million in cash and the assumption of $155 million of senior secured notes due 2011. Poster Financial Group is owned by Timothy Poster and Thomas Breitling, the founders of travel website Travelscape.com, which was later sold to IAC/InterActiveCorp's Expedia. Landry's plans to close the acquisition during the next 12 months, subject to regulatory approvals. The company said it expects the deal to add to 2006 earnings.
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