Downtown Las Vegas celebrated a milestone this weekend as the El Cortez Hotel and Casino turned 85. Owner, CEO and Chairman Kenny Epstein, who also turned 85, used the anniversary to showcase a $22 million renovation that modernizes the historic property while preserving its storied past.
History meets renovation
Built in 1941 and listed on the National Register of Historic Places, the El Cortez has survived the city’s constant reinvention. Epstein highlighted the casino’s early owners, noting it was sold in 1945 to a group that included Bugsy Siegel before they opened the Flamingo. “We have something no other place has – a genuine piece of Las Vegas history,” he said.
The recent overhaul, completed in six months, refreshed the gaming floor, upgraded kitchen equipment, and introduced a dual‑restaurant concept. By 2:30 p.m. the daytime eatery, Siegel’s, closes, and the space transforms into the upscale Alex Prime Steakhouse, complete with table linens, lamps, and wine glasses. Hospitality Vice President Bart Mahoney said the $8 million restaurant conversion is unique in the city, allowing two distinct dining experiences in a single day.
Attracting a new generation
Epstein’s willingness to embrace social media has turned the El Cortez into a hotspot for influencers. The casino hosted the first live YouTube blackjack broadcast in 2018, and today as many as 70 content creators film on the property. General Manager Adam Weisberg credited Epstein’s early decision to allow filming – breaking an unwritten casino rule – for the venue’s modern relevance.
“His support for authentic, organic media has paid off,” Weisberg said. “We’re now known as the place that started this trend.” Content creators Jon and Katherine Sullivan echoed the sentiment, noting the blend of historic ambiance and contemporary amenities appeals to younger visitors seeking an “authentic” Vegas experience.
Economic context
The El Cortez’s $245,000 construction cost in 1941 contrasts sharply with today’s Las Vegas condo median price of $279,000, underscoring the property’s enduring value. By investing in preservation and modernization, the casino not only safeguards a piece of Nevada heritage but also contributes to downtown’s economic revitalization.
Epstein summed up the vision: “Gaming used to be illicit and dark; now it’s fun and welcoming. People love history, and they love a place that respects it while offering modern comforts.”
Original reporting: News 3 KSNV Las Vegas (local) — read the source article.
