Casino boss Derek Stevens now owns another piece of Las Vegas history.
Stevens confirmed in an interview that he acquired the land under downtown’s Golden Gate hotel-casino. His $19 million purchase closed last week, property records show.
Stevens has long owned and operated the historic Fremont Street property. As he explained it, he bought the land from descendants of John F. Miller, who in the early 1900s built the Hotel Nevada where the Golden Gate now stands.
The family sold the land to Stevens through a business entity — originally formed in 1908 — called Sal Sagev Hotel Co. Inc., according to county and state records.
Hotel Nevada’s name was changed in 1931 to Sal Sagev, which is Las Vegas spelled backwards.
