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The focus of Red Rock’s development is Las Vegas, but a potential Reno site attracts attention – CDC Gaming Reports

The focus of Red Rock’s development is Las Vegas, but a potential Reno site attracts attention – CDC Gaming Reports

Friday, February 21, 2025 3:48

Image aggregated by Nevada Independent.

  • Howard Stutz independent of Nevada

The Red Rock Resorts controls six potential development sites in the southern part of Nevada for a total value of 329 acres-the most large is a place of 123 acres on the far southern end of Las Vegas Boulevard, near Avenue Katus.

But the company’s 8-dear plot in Renault near a hotel and casino in Atlantis and the Reno-Spark Congress Center recently caught the attention of the Truest Securities Barry Jonas Games Analyst.

He asked the company’s employees for the site last week during his quarterly conference conversation after he was named investment as “ready for development”.

Red Rock President Scott Creeger said the company was “going back and forth” when developing or selling the site. The Red Rock owns a parcel owner, zoned for games since the 90s.

“This is a great place in Renault. In terms of priority, we like the development opportunities we have in Las Vegas, “Creeger said. “We are always open to develop it [site] At the right time. “

Kreeger suggested that the company could sell the site if there was an “attractive offer”.

The company’s leaders have told recent conference calls the immediate focus on development is on the construction of a resort in the Inspirada community on the western edge of Henderson, which would be similar in size and scope with 201-rooms, $ 780 million casino resort, which opened more more A casino resort in a casino of $ 780 million that opened more resort for A casino at a $ 780 million casino, which also opened a casino resort in Durango, which opened another $ 280 million, which also opened a Durango casino resort, which also opened Durango Casino, which opened more resort than a year ago.

Red Rock said it started working in January with an expansion of $ 120 million to Durango, which will add 25,000 square feet to the game floor-giving to the resort more than 100,000 square feet of casino-and second parking garage on 2,000 space S The expansion is expected to open next January.

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