It includes a 1,620 room hotel and a 66,515 sq ft (6,179.4 m2) casino which features free circus acts on a regular basis throughout the day over the midway which also offers 33 carnival games.

Originally opened on November 7, 1957, the structure replaced a prior store location which was destroyed by a gas explosion on February 5, 1957, and is now the site of the Palladio condominiums.

The new store contained 40,000 square feet (3,700 m2) of retail space and 6,000 feet (1,800 m) of storage space in a basement and 2 retail floors accessible by escalators, and had 45 departments including an electronics shop selling televisions and radios, a bookstore, record store, and wine shop, as well as a restaurant, beauty salon, and cobbler.

1977 brought about plans to enlarge the store, adding 2 additional floors, 102 hotel rooms and a casino.

The south portion of the first floor would have remained under the name Grey Reid's, but would sell only woman's clothing and would contain an expanded beauty salon.

In 1995, extensive renovations were completed, including the remodel of the mezzanine level where the restaurants are located, the midway, and a sky bridge connecting to the Silver Legacy.

It was replaced with a contemporary fast casual food court (which included Panda Express, Piezzetta Pizza Kitchen and The Habit Burger Grill) which is similar to Station Casinos and other places.