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The Dunes, themed after the Arabian Nights stories, opened on May 23, Also featured was a foot V-shaped swimming pool and a foot lagoon.
The resort also featured the Arabian Room, which had the capabilities and size of a Broadway theatre. Hollywood star Vera-Ellen headlined on opening night.
Gottesman and Sullivan were surprised by the amount of money lost on the hotel and on expensive headliner entertainment, while the resort suffered from poor revenue on its table games and only minimal success from the Arabian Room.
Managers of the Sands Hotel and Casino leased the showroom and casino for a short time, but were unable to make it a success.
By August , Gottesman was prepared to sell the resort as he had become upset with the large amount of his own money that he had to spend to keep it operational.
The casino was closed briefly for a lack of business. The resort was purchased in by two businessmen, Major A. Riddle and Jake Gottlieb, who had dealings with the Chicago Outfit.
In , a story, room hotel tower, known as Diamond of the Dunes, was added to the northern part of the property, bringing the total number of rooms to At the top of the tower was the Top O' the Strip restaurant and lounge.
The tower was the tallest building in the state at the time. Although it opened to much fanfare, it struggled from the start because it was at the then-southernmost part of the Strip.
The hotel frequently had to borrow money, and even the Sands Hotel lent its executives to help out, as well as bringing in numerous famous celebrities and entertainers such as Frank Sinatra 's surprise appearance dressed as a sultan.
In the late s, Morris Shenker bought an interest in the Dunes and became its Chairman of the Board. In , there were unrealized rumors Howard Hughes would buy into the hotel.
During the s, a restaurant with a dome-shaped roof, known as Dome of the Sea, operated on the property. Shenker was Foster's godfather.
Foster was the first Elvis impersonator before Elvis died. It is connected with the Oasis at the Gold Spike , a room three floor hotel located in downtown Las Vegas.
Hsieh closed the casino on April 14, The hotel portion of the building was recently converted into permanent and temporary workforce housing for Downtown Project, entrepreneurs, and Zappos; Oasis hotel is a separate building on the same property.
It originally opened in as the room Rendezvous. In Jackie Gaughan purchased the property after it had been closed for several months.
The Gold Spike for years has been known as an inexpensive hotel with few amenities. After the purchase, management discontinued the table games and only offered slot machines.
In a few years the property was offered for sale. The Siegel Group set out to completely renovate the property  and combine it with an old and forgotten room motel located next to the property.
As one author wrote, the Gold Spike now has "Quartz walls, tile floors, wood accents, and new everything", making it "a very modern boutique hotel in the heart of downtown".
By April , all guest floors and the exterior of the hotel has been completely remodeled and renovated. In April , it was reported that the property's debt had been acquired by Tony Hsieh 's Downtown Project, a campaign to revitalize downtown Las Vegas.
The Sands opened December 15, as just a Casino and a couple hundred rooms thrown in. The well-known, landmark, room tower wasn't added until over 10 years later in the mid 60's when it came to be owned by aviation pioneer and millionaire Howard Hughes.
In its heyday it was the center of entertainment in Las Vegas. Regulars knew they could come and schmooze with the celebrities basking in the lounge after the late evening shows.
Las Vegas was then just a little oasis in the desert on the road to Southern California. Most of the presidents of the United States, since the hotels inception, including Truman and Kennedy, and their families have stayed at the Sands during its four decades.
Demolition implosion of the tower is set for the near future, but no exact date has yet been set.