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The History of El Cortez

The Mob Connection: Opened on November 7, 1941, the El Cortez is the longest continuously running hotel and casino in Las Vegas. In 1945, it was purchased by notorious mobsters Bugsy Siegel, Meyer Lansky, Gus Greenbaum, and Moe Sedway for $600,000.

National Landmark: It is the only existing casino in the United States to be placed on the National Register of Historic Places (added in 2013).

The Jackie Gaughan Era: Legendary Vegas figure Jackie Gaughan bought the property in 1963 and lived in the penthouse on the top floor until his passing in 2014.

Authentic Facade: While the interior has seen multimillion-dollar "boutique" renovations in 2022-2026, the exterior facade remains virtually identical to its 1952 appearance.

The "Loose" Reputation: El Cortez is famous for its "Certified 40% Looser Slots" marketing claim. Statistically, Downtown Las Vegas (DTLV) historically offers a higher Return to Player (RTP) percentage than the Las Vegas Strip.

Coin-Op King: In 2026, El Cortez remains one of the few places in the world where you can still play coin-operated slot machines. They maintain roughly 40 of these "clink-clink" machines, which is nearly a third of all remaining coin slots in the entire city.

The "Hand of Faith": While not at El Cortez (it's at the Golden Nugget nearby), the world’s largest gold nugget found by a metal detector is a staple of Downtown trivia.

Brightest Spot on Earth: NASA has confirmed that the Las Vegas Strip is the brightest place on Earth when viewed from space.

The "Welcome" Sign Location: Most people don't realize the "Welcome to Fabulous Las Vegas" sign isn't actually in Las Vegas—it’s in the town of Paradise, NV.

Room Count: Las Vegas has more hotel rooms than any other city on the planet (over 150,000). You could stay in a different room every night for over 400 years!

The Luxor Beam: The Luxor Sky Beam is the strongest beam of light in the world. On a clear night, it is visible to pilots over 270 miles away.