The wave golden nugget5/3/2023 Frank Sinatra periodically headlined at the Golden Nugget. It was the foundation for Wynn's rise to prominence in the casino industry. In 1977, he opened the first hotel tower and the resort earned its first four-diamond rating from Mobil Travel Guide. Steve Wynn bought a stake in the Nugget, which he increased so that, in 1973, he became the majority shareholder, and the youngest casino owner in Las Vegas. ![]() Jackie Gaughan at one time owned a stake in the hotel as part of his many downtown properties. The Golden Nugget was originally built in 1946, making it one of the oldest casinos in Las Vegas.
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