red rock resort and casino summerlin nevada

Morgan gaming analyst Joe Greff told investors in a research note following Red Rock’s conference call.

“We think the Las Vegas Locals market is special and unique within gaming,” J.P. Boyd Gaming also never reopened the Eastside Cannery on Boulder Highway. The company has since demolished the buildings and is selling the land for nongaming use. Red Rock never reopened Texas Station in North Las Vegas and its two Fiesta properties in North Las Vegas and in Henderson. Gaming analysts remarked following the conference call that the number of local-focused casinos shrunk following the 78-day statewide gaming shutdown in 2020 amid the COVID pandemic. Red Rock has said previously the casino is in an underserved area of Las Vegas and roughly 5 miles from the nearest competition. He added that costs were also rising for construction, labor and securing building materials.ĭurango is expected to open later this year on a 50-acre site near Durango Road and the 215 Beltway. The West Parking Structure has an interior speed ramp to all levels due to sight constraints.“We believe that a larger casino footprint will better align the product offering with the anticipated growth and favorable demographics in the area surrounding Durango,” Cootey said in his prepared remarks. The East Parking Structure includes an exterior speed ramp to all levels to allow for better circulation. Special areas of the parking structure, including prime spaces, are dedicated exclusively to Station Casino platinum members. The lower level is designated exclusively for valet, while the upper levels are for casino patrons. The casino includes two parking structures, one each on the east and west sides, with the facility emulating the casino design. Inspired by the natural beauty of the neighboring Red Rock Mountains and the elegant desert oasis resorts of the mid-20th century, the feel is classic Las Vegas. Red Rock Resort Spa and Casino, owned by Station Casinos, Inc., sits on seventy acres located in the Summerlin Village of Clark County, Nevada.

Red rock resort and casino summerlin nevada