Hickok’s, located on Main Street in Deadwood, had been for sale for years. Due to the recession, and the casino smoking ban, business had been slow at the casino/hotel. The property went into foreclosure after its main creditor, First Interstate Bank, saw no other options for the delinquent loan. There were no bidders on the Lawrence County courthouse steps, and First Interstate Bank ended up with the deed to the property.
Nothing has changed at Hickok’s. While First Interstate Bank will continue to look for a buyer, current property manager NMD Venture will continue to operate the property. The sale price was $4,460,346.05.