When the 6-story Hotel Nevada opened in 1929, it was the tallest building in the state and its first fire-proof building. Guest speakers were Senator Tasker L. Oddie and Congressman Sam Arentz, and rooms rented for $1.50 and up, "All with private toilet; 85% with private bath."

Prohibition was in still in effect when the hotel opened, and from the beginning bootlegged refreshment and gambling were available 24 hours a day. "Bathtub Gin" made from raw alcohol, water, and flavorings and "White Lightening" was conveniently supplied by local individuals.

On October 24 the Stock Market crashed and Depression struck and the Hotel Nevada leased commercial space to a bank and drug store as well as providing illegal gambling and booze. When Gambling was again legalized in 1931, the owners immediately installed blackjack tables and slot machines.