Terrible’s, which originally opened in 1987 and closed for good in 2020, was owned by the Herbst family – operators of the Terrible Herbst gas station chain – and is located about 25 miles south of Downtown Las Vegas. LAS VEGAS, NV – The defunct Terrible’s Hotel & Casino, which has been closed and sitting unused for two years, will be demolished and the property used to construct a large-scale industrial park, according to an announcement by a Reno developer.