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Stevens is owner and CEO of Circa Resort & Casino, Golden Gate Hotel & Casino and The D Hotel & Casino in Las Vegas. He said he expects other casinos will see similar trends. Casinos in Nevada. In June, casino magnate Derek Stevens made headlines with a contest to fly in 2,000 people for the grand reopening of his Downtown Las Vegas casinos, which had closed in March due to the coronavirus. On June 5, Stevens opened the doors of his D Las Vegas and Golden Gate casinos, the moment the resorts could legally open.
Some locals and visitors to Las Vegas claim the downtown area is where the city really comes to life. Others feel it’s the shadier, less attractive part of the city compared to the Strip. Several companies have been working to make downtown LV just as exciting as the area on South Las Vegas Boulevard. This week, Derek Stevens gave an update on Circa Resort & Casino.
This new property is one of the biggest and most impressive ever built downtown. It’s expected to draw in a huge number of tourists once it’s finally opened. Here’s what we’ve just learned about this massive casino-resort.
Construction Continues on Downtown LV’s Circa
Downtown Las Vegas is home to many popular casinos. In fact, this is where the real Las Vegas was born. Some historic gambling venues are located here, such as the Golden Nugget, which first opened to the public in 1946.
Unfortunately, some still have an unfavorable opinion about the downtown area. Most of the venues are smaller and less visually appealing than the biggest hotel-casinos on the Strip. Gambling revenue in this area is also significantly less than what it is on the Strip.
Some see an opportunity here. Derek and Greg Stevens currently own several hotel-casinos in the downtown area. In 2015, these brothers purchased the Las Vegas Club. A year later, they bought the Mermaid Club, both located downtown. In 2019, the pair announced they were constructing Circa Resort & Casino.
Construction on this property officially began in April of 2019. In June, reports showed there were more than 600 construction workers on the project. It’s likely the most ambitious casino-resort ever built in downtown LV.
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As of now, this property is slated to open in December of 2020. Its owners believe that Circa will completely change the way downtown Vegas is thought about.
Derek Stevens Offers Update On Circa Resort & Casino
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As we just mentioned, Derek and his brother Greg Stevens own several major properties in downtown Las Vegas. This includes the D Las Vegas and the Golden Gate. Both men believe that Circa will be their crowning achievement.
This week, Derek Stevens spoke with the media and offered a major update on Circa Resort & Casino. Based on what he’s saying, this is going to be a truly incredible venue.
One of the most interesting things that Stevens revealed was that the casino-resorts’ pools will be open 24 hours a day.
“These pools are going to be heated in a way similar to what you would have in Vail or Aspen (Colorado), you have an outdoor pool product in the middle of the winter, so we’re going to be using these pools year-round,” Stevens said.
It’s an impressive piece of news, especially considering there will be six different pools located on the resort’s roof. Stevens also commented on the “Garage Mahal,” a massive nine-story parking garage for guests.
“It’s the very first fully integrated ride-share hub designed into a new hotel-casino resort,” Stevens said. “The whole first floor of Garage Mahal is the ride-sharing area. It’s going to be very important for Uber, Lyft and everybody else who comes in after them.”
It’s always fun to receive an update on Circa Resort & Casino. Soon, we’ll begin to get a glimpse of what the inside of this new venue will look like.
Las Vegas Gambling Revenue Fluctuates in 2019
Las Vegas is having an interesting year. At first, competition from Atlantic City seemed to be taking a toll here. Over the past several months, however, things have been improving considerably. 2019’s third-quarter brought a major increase in gambling revenue in Las Vegas.
Several of the biggest casino operators here, including Caesars Entertainment, saw their revenue earnings increase significantly between July and September. Caesars’ experienced a revenue increase of 2.3% during this time period.
The majority of money still comes from the Las Vegas Strip. Downtown Las Vegas is beginning to generate more money in recent months. With the addition of Circa, this area of the city may soon begin competing with the Strip.
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Derek Stevens has just given a major update on Circa Resort & Casino. More information on this gambling venue will come out over the next few months.
Make sure to stay tuned for more Las Vegas casino news over the next few months!