Sands Casino Hotel opened Aug. 13, 1980. Pinnacle Entertainment Inc., agreed to buy the Sands on Sept. 5, 2006, from billionaire Carl Icahn for $250 million, plus $20 million for tax benefits and real estate assets. The Sands closed Nov. 11, 2006, to make room for development of Pinnacle’s proposed $1.5 billion casino complex. It came crashing down Oct. 18, 2007, in a nighttime demolition watched by an estimated 100,000 spectators lining the beaches and Boardwalk. Pinnacle’s development never materialized.
The Sands opened Aug. 13, 1980, as the Brighton Hotel & Casino. Soon after the opening, a partnership headed by the Pratt Hotel Corp. acquired the property. In 1981, it changed its name to Sands Hotel & Casino. It was not affiliated with the more famous former Sands in Las Vegas; it paid the Las Vegas Sands Inc. a royalty for the iconic Sands name.