The idea evolved to include an elevator leading up to an observation deck at the top. Stupak said he wanted the tower to become a local landmark, similar to the Eiffel Tower, the Empire State Building, and the Space Needle. Stupak’s tower was approved by the Las Vegas City Council in 1990, at which point Vegas World had become the largest personally owned casino resort in the world. A new wing was added to the 25-story hotel tower in 1990. After the fire, Stupak managed to persuade Valley Bank to lend him more than $1 million to complete what would be known as Vegas World.
Launched in 2012, Cleopatra grew to become probably IGT’s most popular slot machine of all time. Stratosphere Corporation, a subsidiary of Grand Casinos, completed its purchase of Vegas World in November 1994, for approximately $51 million. As part of the deal, the company leased the property to Stupak until its closure.
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