David Siegel, Renowned Westgate Las Vegas Casino Owner, Passes Away at 89

The hospitality industry is mourning the loss of David Siegel, the esteemed founder and CEO of Westgate Resorts, who has passed away at the age of 89. While his empire was built on luxury resorts, his influence extended far beyond Orlando, shaping the grand standards of service that travelers expect when visiting a premier Las Vegas casino. The company announced his death through a heartfelt social media tribute, noting that although the cause of death was not disclosed, sources suggest he was battling cancer in his home.

Siegel, a trailblazer in the hospitality industry, established a resort empire that now encompasses 22 properties across the United States. “David never lost sight of his humble beginnings, starting Westgate from his garage with the mission of inspiring others to achieve success,” remarked Westgate Resorts CEO Jim Gissy.

Since its inception in 1982, Siegel’s timeshare company has experienced remarkable growth, expanding from Orlando to various locations including Miami Beach, Arizona, Virginia, and Utah. Today, it boasts over 13,500 rooms at its numerous resorts.

A pivotal moment in Siegel’s career came in June 2014 when Westgate Resorts acquired the Las Vegas Hotel & Casino from Goldman Sachs and Gramercy Capital. The transaction reportedly was valued between $150 and $170 million. Originally opened by gaming legend Kirk Kerkorian in 1969, the property became entrenched in history, particularly due to Elvis Presley’s iconic concert residency from 1969 to 1976.

Legacy Beyond Resorts

Beyond his contributions to the hospitality sector, Siegel was also pivotal in raising awareness of the opioid epidemic following the tragic loss of his 18-year-old daughter, Victoria, due to an accidental overdose in June 2015. Together with his wife, Jackie Siegel, he founded the Victoria’s Voice Foundation, aiming to combat substance abuse through education and proactive measures.

“David’s tireless advocacy was fundamentally impactful, especially in promoting life-saving treatments like Narcan among first responders,” shared Seminole County Sheriff Dennis Lemma in a Facebook tribute. “His legacy will endure in the hearts of those who knew him and in the lives saved through his efforts.”

Survived by his wife Jackie, as well as 12 children and 12 grandchildren, the Siegel family has requested that in lieu of flowers, donations be made to Victoria’s Voice in his memory.

Conclusion

The passing of David Siegel marks the end of an era in the hospitality industry. His monumental achievements with Westgate Resorts are complemented by his commitment to social causes, shaping and influencing many lives. His legacy, both as a businessman and a compassionate advocate, will undoubtedly live on.