In 1954, Sullivan's heirs sold the property for $20,000 to Boulder City businessman Don Belding, his business partner, O.

The National Park Service (NPS) made attempts to buy the land as early as 1936. In the 1920s, the Bureau of Reclamation withdrew over a million acres of land for the creation of Hoover Dam and Lake Mead, but overlooked Sullivan's land. The property was originally a patented mining claim owned by Las Vegas real estate developer Patrick Sullivan, who was seeking gold and turquoise. The 20,782 square feet (1,930.7 m 2) casino has 154 slot machines and a race and sports book operated by William Hill. It overlooks Lake Mead and has a 17-story tower with 372 rooms. The hotel is located on a parcel of private land surrounded by Lake Mead National Recreation Area, three miles from Hoover Dam.

It reopened the next year as the Hacienda and then took on its current name in January 2015. It was previously the Gold Strike until it was largely destroyed by an accidental fire on June 16, 1998.

It is owned and operated by Richard Craig Estey ( Nevada Restaurant Services). Hoover Dam Lodge is a hotel and casino near Boulder City, Nevada.

Gold strike inn