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The Castaways was a Las Vegas hotel and casino that operated from 1963 to 1987 on the Las Vegas Strip .

Before the Castaways, the land on which it existed went through many ownerships. Its first use was in 1931 as the Red Rooster Nite Club. That structure was destroyed by a fire in 1933 , but it was rebuilt. In 1942 , the San Souci Auto Court was built next to the Red Rooster. Later it was absorbed by the Sans Souci Hotel, Inc., which in October 1957 opened the Sans Souci Hotel. In 1963 , the property became the site of the Castaways Hotel & Casino. The latter experienced financial trouble and was sold and renamed Oliver's New Castaways Casino.

In 1969 or 1970 , the Castaways was sold to billionaire Howard Hughes for $3 million as part of his spree of buying Las Vegas properties. The resort operated until July 1987 , when it closed its doors for good.

The property was purchased in 1987 by Steve Wynn . At first intended to be named the ''Golden Nugget on the Strip'', the Mirage opened on November 22 , 1989 , on the site. A few years later, Treasure Island Hotel And Casino was built on what had been the Mirage's parking lot and adjacent undeveloped land.