Las Vegas Sun

July 29, 2014

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Joe Downtown: Gold Spike to reopen within two weeks, without casino

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John Katsilometes

Patrons hit the bar at Gold Spike on the casino’s final day of operations in downtown Las Vegas.

With many of its former employees returning, the Gold Spike casino/hotel will reopen within the next two weeks as a restaurant/bar.

As expected, the business will open without a casino. And for the time being, hotel operations are shut down.

Michael Downs, Downtown Project executive vice president of operations. said the property at 217 Las Vegas Blvd. North is in good shape. The Siegel Group of Nevada Inc. sold the property to Downtown Project investors recently for an undisclosed amount. When Siegel purchased the property five years ago, it did extensive renovations to the casino and hotel rooms.

When it reopens, it will remain the “Gold Spike,” Downs said, though Siegel Group kept legal rights to the name.

The Gold Spike’s sale was finalized a few weeks ago, and when the hotel/casino was closed on April 14, many worried what would happen to its employees in a Vegas economy still suffering from the extended recession. After the sale, Downtown Project invited the employees to interview with several businesses, including the Downtown Project.

Downs said that of 45 Gold Spike employees who attended the job fair, 32 worked in food and beverage; all 32 were offered jobs and 29 accepted.

“The remaining three are pending acceptance,” he said.

The remaining 13 people, he added, met with other properties and a staffing firm, but he did not immediately know their employment status.

Joe Schoenmann doesn’t just cover downtown, he lives and works there. Schoenmann is Greenspun Media Group’s embedded downtown journalist, working from an office in the Emergency Arts building.

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