The Gold Strike was opened in December 1987 by Dave Belding and two other partners who owned the original
Gold Strike Hotel near
Boulder City. After it did better business than expected, a sister property, the
Nevada Landing Hotel and Casino, was developed on the other side of the freeway and opened in 1989. They were then acquired in 2005 by
MGM Mirage (later named MGM Resorts International) as part of its buyout of Mandalay. In February 2007, MGM Mirage announced plans to close the Nevada Landing and build a
master-planned community and a new casino hotel on the it owned in the area, in a joint venture with
American Nevada Corp. and the
Cloobeck Cos. The Gold Strike would remain open. The Nevada Landing closed in March 2007 and was demolished, leaving the Gold Strike as the only casino in Jean. The planned redevelopment was canceled due to the
2008 financial crisis. In October 2014, MGM agreed to sell the Gold Strike for $12 million to JETT Gaming, owned by the
Herbst family. The sale was completed in May 2015. JETT Gaming performed upgrades and renovations to the property, including the installation of a new video marquee sign, the
Off-Road Motorsports Hall of Fame, and a display of cars from popular movies. On November 1, 2018, the name of the casino was changed from Gold Strike to Terrible's, the same name used by the Herbst family's convenience stores and gas stations. Terrible's and other state casinos closed temporarily in March 2020, due to the
COVID-19 pandemic in Nevada. In November 2021, it announced that the Terrible's closure was indefinite. In February 2022, the property was sold for $45 million to real estate company Tolles Development, which planned to demolish it to make way for an
industrial park. Partial demolition occurred in 2024. ==In popular culture==