OPENING DECEMBER 1st 2026 — CONTACT US TO PRE-BOOK YOUR DATE TODAY!
A Historic 1940s Theatre Reborn — Games, Full Bar &
One-of-a-Kind Private Events in Valley, NE.
FROM SILVER SCREEN
TO YOUR PRIVATE EVENT
THE GEM THEATER ERA
The original Gem Theater was built in the early 1900s and served as Valley's beloved movie house for generations. On November 1, 1947, during a screening of Spencer Tracy in "Boom Town", a fire that started in the projection booth burned it to the ground.
THE 1948 REBUILD
It was rebuilt in 1948 to the plans of architect Henry A. Raapke, reopening as the 420-seat Valley Theater on August 6, 1948 — its grand reopening feature was John Wayne in "Tycoon". It operated as a first-run movie theatre until the 1970s.
A NEW CHAPTER
Now completely reimagined by Omaha Sports & Games, this iconic Elkhorn Valley landmark has been transformed into one of the most unique private event spaces in the entire Omaha metro. We honored every bit of the magic from its past — the old projection booth is now built into an arcade room, featuring a glass window looking down onto the event space exactly where the old projector used to be!
THE EXPERIENCE
Completely renovated into a private events paradise. No two events have ever looked the same here.
GIANT BIG SCREEN TV
- Recreates the magic of the classic movie theatre. Perfect for Husker watch parties, presentations, and live sports.
ARCADE & SLIDE
- Ride the iconic red slide from the arcade straight down to the main floor.
ORIGINAL WOOD STAGE
- Kept fully intact. Use it as a dance floor, live band stage, or for speeches.
RENOVATED FULL BAR
- Bring your own bartender or bar company. No forced packages or venue minimums.
BYOE: BRING YOUR OWN EVERYTHING
YOUR DRINKS
- Hire your preferred bar company or bring your own beverages. No forced bar packages.
YOUR FOOD
- Bring in a caterer, hire a food truck, or cook it yourself. The choice is entirely yours.
OUR HOST
- We provide the stunning venue and one on-site host to ensure everything runs smoothly.
CAPACITY FOR 200+ PEOPLE
Perfect for large gatherings
MODERN RESTROOMS
Fully renovated & beautiful
GOLF SIMULATOR & GAMES
Pool, shuffleboard & more
OUR SPACE
DISCOVER THE CHARACTER OF
OLD VALLEY THEATRE
From elegant celebrations and intimate gatherings to corporate events and private parties, explore a flexible venue designed to bring your vision to life.
HEAR FROM OUR GUESTS
See why people love celebrating their special moments at our venue.
We had our son's birthday party here and everything was fabulous! The kids played THE WHOLE TIME! The adults even got in on the action and took a break to watch the Huskers beat Iowa in women's basketball! The staff was personable and went out of their way to make sure we were taken care of!! Thanks for helping make the party a success!
JAMIE DAVIS
I would highly recommend booking this facility for any work or personal event! Chris was super responsive for setup and his team was very friendly. There is lots to do for people of all ages. I especially appreciated being able to bring in our own food and drinks and to use the large bar area upstairs. We will definitely be booking here again!
LINDSAY NICHOLAS
A new venue for our Thanksmas gathering in 2023, the facility / space exceeded our expectations. It provided areas for adults to gather and socialize while the kids & younger adults had plenty of games to keep them occupied. The space was very clean and well equipped for our sizable group. The large tunnel slide was the hit of the night. We will be back :)
TOMMELANIE SUTKO
We had our work party there last Friday and it was a blast!! Between catering, a bartender, and all the games, there was not a single complaint given. The facility is awesome and Connor helped with the set up. Keep this in mind for small AND large parties. I know our crew of 80 can get out of hand. This way, there was something fun for everyone.
MICHELLE
We had our son's birthday party here and everything was fabulous! The kids played THE WHOLE TIME! The adults even got in on the action and took a break to watch the Huskers beat Iowa in women's basketball! The staff was personable and went out of their way to make sure we were taken care of!! Thanks for helping make the party a success!
JAMIE DAVIS
I would highly recommend booking this facility for any work or personal event! Chris was super responsive for setup and his team was very friendly. There is lots to do for people of all ages. I especially appreciated being able to bring in our own food and drinks and to use the large bar area upstairs. We will definitely be booking here again!
LINDSAY NICHOLAS
A new venue for our Thanksmas gathering in 2023, the facility / space exceeded our expectations. It provided areas for adults to gather and socialize while the kids & younger adults had plenty of games to keep them occupied. The space was very clean and well equipped for our sizable group. The large tunnel slide was the hit of the night. We will be back :)
TOMMELANIE SUTKO
We had our work party there last Friday and it was a blast!! Between catering, a bartender, and all the games, there was not a single complaint given. The facility is awesome and Connor helped with the set up. Keep this in mind for small AND large parties. I know our crew of 80 can get out of hand. This way, there was something fun for everyone.
MICHELLE
If you're considering a great event space, we recently hosted my husband's birthday at Omaha Sports and Games Co. and it was a huge hit. The people who we worked with to rent the space were extremely helpful and friendly. I was able to drop off supplies ahead of the party and store it in their fridge. We got to bring our own food, cake, and bartenders. People could mingle upstairs or play games downstairs- there was something for everyone. Would highly recommend!
CAM VACEK
This is such a great venue for a gathering. The staff were amazingly helpful, the kitchen set up is great and our group had a wonderful time. You must take a ride down the slide (yes even as an adult).
CAROLE WEST
We had our company party at Omaha Sports and Games and the venue was a ton of fun. They are very accommodating and Brian was our host for the evening and he was absolutely great!! Could not have asked for a better venue for our party!!
REBECCA KRYSL
I would highly recommend booking this facility for any work or personal event! Chris was super responsive for setup and his team was very friendly. There is lots to do for people of all ages. I especially appreciated being able to bring in our own food and drinks and to use the large bar area upstairs. We will definitely be booking here again!
LINDSAY NICHOLS
If you're considering a great event space, we recently hosted my husband's birthday at Omaha Sports and Games Co. and it was a huge hit. The people who we worked with to rent the space were extremely helpful and friendly. I was able to drop off supplies ahead of the party and store it in their fridge. We got to bring our own food, cake, and bartenders. People could mingle upstairs or play games downstairs- there was something for everyone. Would highly recommend!
CAM VACEK
This is such a great venue for a gathering. The staff were amazingly helpful, the kitchen set up is great and our group had a wonderful time. You must take a ride down the slide (yes even as an adult).
CAROLE WEST
We had our company party at Omaha Sports and Games and the venue was a ton of fun. They are very accommodating and Brian was our host for the evening and he was absolutely great!! Could not have asked for a better venue for our party!!
REBECCA KRYSL
I would highly recommend booking this facility for any work or personal event! Chris was super responsive for setup and his team was very friendly. There is lots to do for people of all ages. I especially appreciated being able to bring in our own food and drinks and to use the large bar area upstairs. We will definitely be booking here again!
LINDSAY NICHOLS
READY TO LEVEL UP
YOUR EVENTS?
Available for corporate events, parties, and celebrations of all sizes.