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. Groundbreaking was scheduled to begin on June 22, 1978, on the same property occupied by Stupak's previous casino. Stupak opened the space-themed Vegas World on July 13, 1979, with 90 hotel rooms in an eight-story tower, and a casino. Construction cost $7 million. Vegas World debuted with the slogan, "The Sky's the Limit". Stupak considered Vegas World to be part of the Las Vegas Strip, despite being located 1,200 feet north of it. At first, Vegas World suffered, only making $7 million in revenue its first year. However, at its peak, Vegas World made $100 million a year in gambling revenues.