Every decade in Las Vegas brings change. Las Vegas was suffering an identity crisis, and the economy was also struggling. A devastating fire at the original MGM Grand killed more than 80 people in 1980, and just a few months later, a fire at the Las Vegas Hilton killed eight more people. The 1980s ended the golden age of Vegas lounge entertainment.
Las Vegas retained the lions-share of casinos, but they were not as dominant as they had in the 60s and early 70s. New casinos were built off the Strip, Downtown, and in other cities like Reno. The competition became more sparkling and tough when gambling was legalized in Atlantic City in 1976. The lavish showrooms that once lured people from around the world were also fading away. Things began to change in the late 1980s with a huge investment of Golden Nugget.