Silver Sevens Explained

Casino:Silver Sevens
Address:4100 Paradise Road
Location:Paradise, Nevada
Date Opened:1980 (Continental)
December 6, 2000 (Terrible's)
Names Pre:Continental
Terrible's Hotel Casino
Casino Type:Land-based
Owner:Affinity Interactive
Rooms:327
Space Gaming:30225square feet
Renovations:2000, 2011–2013

Silver Sevens is a hotel and locals casino 1miles east of the Las Vegas Strip, in Paradise, Nevada. It is owned and operated by Affinity Interactive. Silver Sevens has 327 rooms and a 30225square feet casino.

The property originally operated as the Continental from 1980 to March 31, 1999, eventually closing due to financial problems. The Herbst family, owners of the local Terrible Herbst gas station chain, soon purchased and renovated the property. It reopened on December 6, 2000, as Terrible's Hotel Casino. In 2010, Herbst Gaming exited bankruptcy with the family no longer involved in the company, which later became Affinity Interactive. The hotel-casino was rebranded as Silver Sevens on July 1, 2013, following another renovation.

History

Continental (1980–1999)

Located on 10acres, the property began as the Hotel Continental and Casino. Construction was underway in 1979, and the project opened the following year, with 400 rooms.[1] It was owned by a group of individuals,[2] including land owner Ira Levy of Los Angeles. In 1981, Levy and two Los Angeles partners, Albert Barouh and Louis Litwin, received approval to expand gaming at the Hotel Continental from 15 slot machines to more than 250.[3]

A minority owner was Anthony Robone,[2] whose son Nicholas worked at the casino. In 1986, the Robones opened their own casino property, the La Mirage, across from the Hotel Continental. Meanwhile, an anonymous tip was made to state gaming regulators that Nicholas Robone had skimmed money from the Continental. It was later learned that the tip came from Dennis Thomas, a man who owed $2,000 to the Continental. Barouh denied that he agreed to forgive the debt in exchange for Thomas making the allegation, which went unproven.[4]

In 1987, the Federal Bureau of Investigation found that skimming had occurred at the casino, without the knowledge of its owners. Michael DiBari, an assistant slot manager, had rigged the machines to pay out phony jackpots, which would be "won" by associate Alphonse Cuozzo and then sent to the Gambino crime family in New York.[5] DiBari and Couzzo were convicted, and DiBari was added to the state's Black Book in 1998, becoming the 32nd person to join the list.[6] [7]

In 1996, the Continental was sold to Crowne Ventures Inc. for $36 million.[8] [9] The company then transferred ownership to Crowne Gaming, which leased the land to Hotel Continental Inc., a management company for the property.[10] Crowne planned to give the Continental a 1950s theme.[11] This project included the opening of a new restaurant, Big Daddy's Diner, in 1997.[12] [13] Crowne Gaming went into bankruptcy at the end of the year, after American Realty Trust foreclosed on the company.[10]

The Continental itself declared bankruptcy in February 1998.[14] American Realty and the Continental failed to reach an agreement on a new lease,[15] and the property closed on March 31, 1999. The closure affected more than 300 workers,[16] many of whom blamed competition from new, larger properties such as the Bellagio.[17] The Continental had only 500 slot machines.[15]

Terrible's (2000–2013)

In late 1999, the Continental was purchased by the Herbst family, owners of the local Terrible Herbst gas station chain. The family also had a gaming division which operated as a statewide slot route operator, and also oversaw Terrible's-branded casinos in Pahrump, Nevada.[18] [19] [20]

The Continental marked an opportunity for the family to open their first gaming property in Las Vegas, as it was too small for locals casino operators Station Casinos and Coast Casinos, but too big for other, smaller slot route operators to acquire.[19] The Herbsts launched a renovation of the casino, demolishing its interior while keeping the outer shell.[21] The cost of acquisition and renovation was $65 million.

The hotel-casino reopened on December 6, 2000,[22] [23] as Terrible's Hotel Casino. The renovated property included 750 slot machines,[24] a bingo hall, a sportsbook, 370 rooms, and several restaurants,[22] [25] including a buffet.[26] Terrible's hoped to attract locals, including workers on the nearby Las Vegas Strip, with tourists expected to make up 20 percent of the property's clientele.[27]

Some hotel rooms were demolished to make way for a parking garage and a hotel tower,[28] [29] completed in 2007.

The casino's operating company, Herbst Gaming, filed bankruptcy in 2009, and emerged a year later with the Herbst family no longer involved. The company changed its name to Affinity Gaming in 2011,[30] and became Affinity Interactive 10 years later.[31]

An 18-month renovation was completed in January 2013, at a cost of $7 million. The project included work on the property's 327 rooms and the sportsbook,[32] and nearly 1,000 new slot machines were added to the casino.[33]

Silver Sevens (2013–present)

Shortly after the renovation, Affinity Gaming chose to rename the property as Silver Sevens,[34] a reference to Nevada's nickname as the Silver State, while seven is viewed as a lucky number in gambling.[35] The name change became official on July 1, 2013.[36] The former Terrible's cowboy sign was donated to the city's Neon Museum.[37] At the time of its rebranding, locals made up 70 percent of the property's clientele.[32] The casino includes 30225square feet of gaming space.[38]

In November 2023, plans were announced to renovate the hotel-casino and rebrand it once again as the Continental in 2025. Part of the plans will include a rooftop lounge and Pink Taco restaurant to be built on the hotel's porte-cochère.[39]

External links

36.114°N -115.1524°W

Notes and References

  1. News: Casino Site . Las Vegas Review-Journal . 18 November 1979 . 18 November 2023 . subscription.
  2. News: FBI alleges mob jackpot scam in Vegas (page 2 of 2) . Reno Gazette-Journal . 27 December 1987 . 14 November 2024 . Newspapers.com . subscription.
  3. News: Riley . Brendan . Ex-tomato rancher eyeing Vegas casino . Free Lance . Associated Press . 11 November 1981 . 14 November 2024 . Newspapers.com . subscription.
  4. Web site: Gaming board backs Robone license, despite 'Mr. X'. 7 March 1986. Reno Gazette-Journal. 14 November 2024 . Newspapers.com.
  5. Retrieved 15 November 2024:
  6. News: Ex-casino worker picked for Black Book . 14 November 2024 . Las Vegas Sun . 5 June 1998.
  7. News: Convicted felon with mob ties listed on Black Book . 14 November 2024 . Las Vegas Sun . 25 September 1998.
  8. News: Continental sold, charts new course . Los Angeles Times . 10 November 1996 . 14 November 2024 . Newspapers.com . subscription.
  9. News: A bit of nostalgia . The Press of Atlantic City . 3 November 1996 . 14 November 2024 . Newspapers.com . subscription.
  10. News: Seals . Brian . Future of Continental weighed . 14 November 2024 . Las Vegas Sun . 20 July 1998.
  11. News: Former Toledoan Wants to Take Gambling Back to '50s . 14 November 2024 . The Blade . 10 November 1996 . Newslibrary . subscription.
  12. News: Retro Dining . Las Vegas Review-Journal . 21 February 1997 . 14 November 2024 . subscription.
  13. News: '50s fare is king at the Continental . Los Angeles Times . 1 June 1997 . 14 November 2024 . Newspapers.com . subscription.
  14. News: Continental hotel-casino files bankruptcy . 14 November 2024 . Las Vegas Sun . 20 February 1998 . Newslibrary . subscription.
  15. News: Wilen . John . Judge won't stop Continental closure . 14 November 2024 . Las Vegas Sun . 31 March 1999.
  16. News: Berns . Dave . Troubled Continental closes . Las Vegas Review-Journal . 1 April 1999 . https://web.archive.org/web/20001016014617/http://lvrj.com/lvrj_home/1999/Apr-01-Thu-1999/business/10903782.html . 16 October 2000.
  17. News: Velotta . Richard N. . Vegas' 'Little casino with big heart' closes . 14 November 2024 . Las Vegas Sun . 1 April 1999.
  18. News: Herbst family quiet on bankrupt property . 14 November 2024 . Las Vegas Sun . 18 August 1999.
  19. News: Ferguson . Kevin . It's a Terrible World . Las Vegas Review-Journal . 30 November 2000 . https://web.archive.org/web/20011127025515/http://www.lvrj.com/lvrj_home/2000/Nov-30-Thu-2000/business/14911695.html . 27 November 2001.
  20. News: Strow . David . Herbst family tentatively ready to open new casino . 14 November 2024 . Las Vegas Sun . 1 December 2000.
  21. News: Strow. David. Terrible Herbst in merger, set to close on Continental. 14 November 2024. Las Vegas Sun. 23 November 1999.
  22. News: Fireworks open Terrible's at old Continental site. 4 October 2011. Las Vegas Sun. 7 December 2000.
  23. News: Berns . Dave . Simpson . Jeff . Dice naughty, nice at opening . Las Vegas Review-Journal . 17 December 2000 . https://web.archive.org/web/20010625001616/http://www.lvrj.com/lvrj_home/2000/Dec-17-Sun-2000/business/15032473.html . 25 June 2001.
  24. News: New year brings season of changes to Las Vegas . 14 November 2024 . The Press-Enterprise . 12 January 2001 . Newslibrary . subscription.
  25. News: Terrible's offers another gaming venue for locals . Las Vegas Review-Journal . 15 December 2000 . https://web.archive.org/web/20010506020137/http://www.lvrj.com/lvrj_home/2000/Dec-15-Fri-2000/weekly/15020271.html . 6 May 2001.
  26. News: Curtis . Anthony . Vegas locals praise renovated casino . The Arizona Republic . 24 December 2000 . 14 November 2024 . Newspapers.com . subscription.
  27. News: Simpson . Jeff . Terrible's casino slates Wednesday opening . Las Vegas Review-Journal . 30 December 2000 . https://web.archive.org/web/20010605022417/http://www.lvrj.com/lvrj_home/2000/Nov-30-Thu-2000/business/14931816.html . 5 June 2001.
  28. News: Benston . Liz . Expansion in Store for Herbst Property . Las Vegas Sun . 26 October 2004 . https://web.archive.org/web/20050120030004/http://www.casinocitytimes.com/news/article.cfm?contentID=146200 . 20 January 2005.
  29. News: Stutz . Howard . Herbst Gaming to buy Sands Regent . Las Vegas Review-Journal . 18 May 2006 . https://web.archive.org/web/20071026085302/http://www.reviewjournal.com/lvrj_home/2006/May-18-Thu-2006/business/7466110.html . 26 October 2007.
  30. News: Stutz . Howard . Herbst Gaming announces name change to Affinity Gaming . 14 November 2024 . Las Vegas Review-Journal . 23 May 2011.
  31. News: McKee . David . Affinity Gaming, Daily Racing Form publisher speedily consummate merger . 14 November 2024 . CDC Gaming . 7 July 2021.
  32. News: Sylvester . Ron . A new look for Terrible's: A $7 million, 18-month renovation revealed . 7 March 2021 . VegasInc . 22 January 2013.
  33. News: Stutz . Howard . Terrible’s Hotel and Casino gets $7 million in upgrades . 7 March 2021 . Las Vegas Review-Journal . 4 January 2013.
  34. News: Komenda. Ed. After $7 million renovation, Terrible's casino now the Silver Sevens. VegasInc. 17 May 2013 . https://web.archive.org/web/20160919145128/http://vegasinc.com/business/gaming/2013/may/17/after-7-million-renovation-terribles-casino-now-si/ . 19 September 2016.
  35. News: Stutz . Howard . Terrible’s Casino to become Silver Sevens Hotel & Casino . 14 November 2024 . Las Vegas Review-Journal . 17 May 2013.
  36. News: Komenda . Ed . A sign of the times: Terrible's rebranding officially completed with new marquee . 14 November 2024 . VegasInc . 2 July 2013.
  37. News: Cowboy out, Silver Sevens on the way . 14 November 2024 . Las Vegas Review-Journal . 20 May 2013.
  38. Web site: Listing of Financial Statements Square Footage (2017 data). 6 March 2018. . 9. 20 June 2018. https://web.archive.org/web/20180620232017/https://gaming.nv.gov/modules/showdocument.aspx?documentid=3428. dead.
  39. News: Ross . McKenna . Silver Sevens to rebrand, bring back popular Vegas taco restaurant . November 18, 2023 . Las Vegas Review-Journal . November 9, 2023.

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