Noticias de ultima
  • 12.00 Bets generate R$478.9 million for the Ministry of Sports in the first half of the year
  • 12.00 Legalization of casinos and gambling in Brazil could generate R$20 billion in taxes
  • 12.00 California Moves to Prohibit Sweepstakes Casinos with Unanimous Legislative Support
  • 12.00 Sports Betting Applications Close in Missouri as Pre-Registration Date Nears
  • 12.00 $1 Billion Arena Project to Kick Off at Reno Casino Resort
  • 12.00 Big Stage, Bold Impact: NOVOMATIC Will Set the Tone at G2E 2025
  • 12.00 Atlaslive’s 2025 Summer Brief: Phishing Continues to Top the Cyber Threat List
  • 12.00 GLI Expands EMEIA Team
  • 12.00 IGT Named Official Lanyard Sponsor for BEGE 2025
  • 12.00 SBC Summit 2025 Opens Today: 135,000 m² of Innovation, Networking, and Deals
Casino

Durango will aid Station Casinos in their growing plans

Friday 10 de February 2023 / 12:00

2 minutos de lectura

(Las Vegas).- Durango Casino & Resort in Las Vegas remains on schedule to open late this year. Fresh off record earnings experienced in 2022, Red Rock Resorts (RRR) and Station Casinos are expanding their footprint in the valley with a $750 million investment.

Durango will aid Station Casinos in their growing plans

Durango, located just south of the 215 Beltway near Ikea on 50 acres southwest of the Strip, will feature an 83,000-square-foot casino and 200-room hotel. All of the typical resort amenities are included, such as a resort pool with private cabanas and an event lawn, convention and meeting facilities, and four signature restaurants.

Station Casinos also unveiled a full list of food hall dining options that will be available at Durango. The resort will feature an elevated food hall concept called "Eat Your Heart Out" that will feature local favorites and restaurants from other cities.

Restaurants and establishments announced for the food hall: Ai Pono Café, Irv's Burgers, Prince Street Pizza, Uncle Paulie's Deli, Yu Or Mi Sushi, Shang Artisan Noodle, Nielsen's Frozen Custard, Vesta Coffee, Oyster Bar, and DRNK.

Station Casinos and RRR, the latter being the organization’s publicly traded arm, discussed the casino’s construction status during Red Rock’s Q4 and full-year earnings call this week.

“The project is located in the fastest-growing area in the Las Vegas Valley, with a very favorable demographic profile and no unrestricted gaming competitors within a five-mile radius of the site,” Stephen Cootey, executive vice president, chief financial officer, and treasurer of RRR, said.

Cootey added that work continues to progress nicely at the casino, and Durango is on track to open before 2024. Cootey said the company is targeting a fourth-quarter 2023 opening.
 

Land Giant

Station has owned the land where Durango is being built since 2000, when it acquired the acreage for about $37 million.

The locals-focused gaming giant is one of the valley’s largest landowners. But its portfolio recently shrunk by about 21 acres after the company sold excess land surrounding Durango to a housing developer. Cootey said that will only bring in additional visitation to Durango. Station also recently sold its 35-acre site where Fiesta Henderson stood before its demolition last year.

Following the land sales, Cootey says the organization’s strategic landholdings total about 522 acres. Nearly 120 acres, the Station executive explained, are under contract or being actively shopped for divesting.

The remaining acres will “serve as the foundation for the future growth of the company,” Cootey summarized. That growth plan will be highly dependent on Durango’s success.

By Devino O'Connor

Categoría:Casino

Tags: casino,

País: United States

Región: North America

Event

GAT Expo CDMX 2025

28 de August 2025

Update on Mexico's Gaming and Raffles Law: Experts discuss its present and future at GAT Expo Mexico 2025

(Mexico City, SoloAzar Exclusive).- At the Expo Santa Fe Convention Center, gaming industry leaders analyzed the challenges and opportunities of the reform to the Gaming and Raffles Law, in a panel moderated by Rosa Ochoa of SCCG Management LATAM.

Tuesday 16 Sep 2025 / 12:00

GAT CDMX 2025: Experts Discussed Innovation in iGaming and Sports Betting in Mexico

(Mexico City, SoloAzar Exclusive).- As part of the GAT CDMX 2025 Institutional Academy, leading industry executives met in Mexico City to analyze the challenges and opportunities presented by innovation in online gaming, iGaming, and sports betting. Artificial intelligence, omnichannel, user experience, and the role of streamers were some of the central topics discussed.

Monday 15 Sep 2025 / 12:00

21Viral Strengthens Industry Ties and LatAm Expansion at GAT Mexico

(Mexico City, SoloAzar Exclusive).- At GAT Expo Mexico, 21Viral made a powerful impression through strategic networking, insightful participation, and a clear vision for growth across Latin America. Luz Serna, Head of Sales LatAm (i Gaming), highlighted the event’s rich academic content and the valuable alliances formed with key operators and stakeholders in the Mexican gaming industry.

Monday 15 Sep 2025 / 12:00

SUSCRIBIRSE

Para suscribirse a nuestro newsletter, complete sus datos

Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.

PODCAST

MÁS CONTENIDO RELACIONADO