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Update: When we first heard the Bonanza Gift Shop was closing, as we shared in the story below, we attempted to contact the owner of Bonanza for comment. We got no response, but a couple of weeks after our story went live, we heard from the store’s owner, Lynn Morris. Morris denies the rumors the Bonanza Gift Shop has been sold, that it’s closing, or that there’s been an offer on the store, from anyone. Given Morris has no reason to misrepresent what’s happening, it sounds like the Bonanza Gift Shop isn’t going anywhere, but we’re sticking with our story, mainly because if it turns out the rumors were true, we’ll look like a flipping genius.
Update (10/24/16): The Bonanza Gift Shop was sold for $50 million on Oct. 21, 2016. Told you it would be sold.
Here’s our original story:
Bonanza Gifts Las Vegas, billed as the “World’s Largest Gift Shop,” is a Las Vegas institution.
That said, the only constant in Vegas is change (oh, and cleavage), and it’s rumored the Bonanza will soon fall victim to the flurry of recent and future development at the north end of the Las Vegas Strip. We’ve heard the Bonanza Gifts shop is being purchased by MGM Resorts and will close.
No official announcement has been made by any of the parties involved.
The Bonanza gift shop is located near the new SLS Las Vegas and Stratosphere hotels, at the corner of Sahara Ave. and Las Vegas Boulevard. It opened in 1980, and while there’s been no independent verification of the fact it’s the “world’s largest,” there’s no disputing it’s large, with more than 40,000-square feet of shopping space.
Oh, and the Bonanza gift and souvenir shop also has one of our favorite signs in all of Las Vegas.
We’ll miss this sign the most when Bonanza closes. Well, this and some of the items in Bonanza’s Naughty Town. Yes, that’s a real thing.
Details about the closure of Bonanza Gifts aren’t easy to come by, but it was just a matter of time before the gift shop received an offer it couldn’t refuse.
The north end of The Strip is experiencing a boom, and the Bonanza is in a prime location for development.
In Vegas, it’s best to not get emotionally attached to anything.
Beyond SLS Las Vegas opening, construction of the nearby Resorts World is expected to commence sometime this summer.
The Bonanza gift shop is across the street from MGM Resorts’ planned debut of Rock in Rio, a much-anticipated music festival which will open in 2015. Rock in Rio is said to be the world’s biggest music festival, and one billion people have attended a Rock in Rio event in cities around the world.
For the Las Vegas version of Rock in Rio, MGM Resorts International, Cirque du Soleil and others will collaborate on a new open-air concert venue, called “City of Rock,” featuring five stages, themed streets and thrill rides. This new venue will accommodate a whopping 80,000 people per day.
Folks at Bonanza tell us one of the all-time most popular items is this foul-mouthed fowl.
Las Vegas visitors may soon have to find a new place to get their shot glasses, dice clocks, key chains, fuzzy dice and other souvenirs.
About as Vegas as Vegas gets without a penicillin shot.
The site of the Bonanza gift shop has a long and storied history, which we were pretty much oblivious to until helpful reader Steven Brown pointed us toward this overview. The location was previously the site of the Big Wheel Casino and Jolly Trolley Casino. We hate having to learn new things, but sometimes it happens.
There’s sure to be more news to come as the north end of The Strip springs back to life. Stay tuned, and get your Vegas tschotskes while you can.
| Location | Paradise, Nevada, United States |
|---|---|
| Coordinates | 36°08′39″N115°09′28″W / 36.1442°N 115.1579°WCoordinates: 36°08′39″N115°09′28″W / 36.1442°N 115.1579°W |
| Address | 2440 South Las Vegas Boulevard |
| Opening date | 1980; 40 years ago |
| Total retail floor area | 40,000 square feet (3,700 m2) |
| No. of floors | 1 |
| Website | worldslargestgiftshop.com |
Bonanza Gift Shop is a landmark located on the Las Vegas Strip between the SLS Las Vegas and the Stratosphere Las Vegas. It is billed as the World's Largest Gift Shop with over 40,000 square feet (3,700 m2) of shopping space.
According to British Airways, the shop 'won't let you down when looking for the perfect souvenir.'[1] However Fodor's says 'Ok, so it may not, in fact, be the world's largest, but it's the city's largest—and for that matter, the city's best—souvenir store.'[2]
- 1History
History[edit]
Bonanza Gifts was established in 1980.[3] Before Bonanza, the corner mall contained several smaller shops and two casinos: Jackpot Casino and Money Tree Casino.
It was the Las Vegas Review-Journal's online readers pick for Best Gift Shop in 2006.[4]
In 2016, the property was sold for $50 million to Haim Gabay, who had been operating the store as a tenant for a year.[5]
Film history[edit]
The shop was featured on the PBS show Going Places.[6]This store features in the 2016 Nicolas Cage movie The Trust.
References[edit]
Stratosphere Las Vegas Gift Shop
- ^'Shopping in Las Vegas'. British Airways. Retrieved 27 July 2011.
- ^'Bonanza 'World's Largest Gift Shop': Review'. Fodor's Travel Intelligence. Archived from the original on 27 October 2010. Retrieved 27 July 2011.
- ^History?Archived 2007-09-27 at the Wayback Machine
- ^Best Gift Shop
- ^Eli Segall (October 24, 2016). 'Bonanza Gift Shop in Las Vegas sold for $50M, records show'. Las Vegas Review-Journal. Retrieved 2016-10-25.
- ^Going Places Las Vegas
External links[edit]
Arizona Souvenirs Gift Shop
- Media related to Bonanza Gift Shop at Wikimedia Commons
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