The Silver Slipper was an elegant dinner house originally owned and operated by Felix Turillas. It operated as a dinner house and speakeasy prior to legalized gaming, and it was one of the first clubs to be licensed when gaming became legal in 1931.

The Silver Slipper had previously operated as the Idlewild Club and was located near the site of the 1910 heavyweight championship boxing match between Jack Johnson and Jim Jeffries. Located on the front of the building was a huge neon Silver Slipper sign.

After Turillas left the Silver Slipper to devote his full attention to his Northern Club in downtown Reno, the Silver Slipper had several owner-managers. They included Ed Ruschburg, Cy Andrini, and Al Benetti.

In June 1936 Fred Jauregi, manager of the Silver Slipper, announced that the club would feature something new for the entertainment of its patrons-pig races. The pig races proved to be a popular draw, and pig racing was held for several weeks.

The Silver Slipper closed in 1936 and reopened as the Black Derby in April 1937. The Black Derby closed a few months after opening. The property reopened in 1937 as the Silver Slipper and continued to operate until the fall of 1941. At that time it closed and was opened on December 10, 1941, as the Sphynx.

The building was completely destroyed by fire in January 1943. Currently near the former location of the Silver Slipper is a marker denoting the site of the Johnson-Jeffries fight. The actual former location of the Silver Slipper is the parking lot between the Ponderosa Lodge and the Los Compadres Restaurant.

According to Dwayne Kling