Meanwhile, casino leaders said non-gaming developments such as dining, entertainment and residential in various downtown pockets, such as the Arts District, East Fremont, and the Symphony Park area surrounding the Smith Center for Performing Arts, will provide a steady stream of customers to downtown gaming properties.Ĭasino owner Derek Stevens, who is building the privately-owned 777-room Circa, likened downtown Las Vegas’ booming development to restoration efforts in major metropolitan cities. The City of Las Vegas approved the site for a new hotel tower in 2018. Also, Downtown Grand is adding a 495-room hotel tower that is scheduled to open in September while Boyd Gaming is considering an expansion to the Fremont Hotel Casino. Early results foreshadow another positive year on the horizon however any visitation slowdown over coronavirus concerns could soften the results.Ĭirca, which broke ground 15 months ago, is scheduled to open in December. Highway 95 interchange – part of the Department of Transportation’s Project Neon – would impede downtown visitation throughout the year.ĭowntown casinos flourished in 2019 with the market’s highest 12-month gaming revenue total in 26 years coupled with a slight increase in hotel room occupancy. Gaming insiders said redevelopment of the Interstate 15-U.S. Analysts cautioned that construction of Circa Casino Resort in downtown Las Vegas would disrupt the market’s gaming results in 2019.
