Elevation Entertainment is planning a unexampled casino-resort inwards Reno, marking another gain to the flourishing Northern Silver State market.
For now, the planned gaming locus is known as the Firecreek Crossing Resort-Casino and would be the foremost from-the-ground-up casino-hotel inwards the city inward several decades.
Our vision for the gaming amusement industry is to get hold of intimately placed gaming establishments with warm customer bases and grow them into vibrant, exciting, and expand amusement destinations that will appeal to the total marketplace,” according to California-based Elevation Entertainment.
The companion has several commercial-grade and residential existent estate projects below its belt, including II Golden State gaming venues. Elevation operates Seven Mile Casino inwards Chula Vista in the San Diego area and Stones Gambling Asaph Hall inwards the Sacramento region.
Reno Booming, Becoming Competitive Market
The Reno cassino market, which includes gaming venues in Lake Tahoe and Sparks, testament ever live little blood brother to Las Vegas inwards the NV gaming scene. But the Northern Sagebrush State market is flourishing and becoming more competitive inwards the process.
Firecreek Crossing Resort-Casino will be the newest casino inwards Reno, following the debut of Legends Bay Casino in Sparks earliest this year. Legends Bay is the first of all from-the-ground-up gambling casino in Sparks inwards nearly trinity decades.
Additionally, Monarch Casino & Resort is renovating Atlantis Casino Resort Spa Reno, which is widely considered ane of the market’s top-rated structured resorts. Century Casinos is inwards the appendage of acquiring the Nugget Sparks and is expected to restitute that prop inward some form.
As noted past Elevation Entertainment CEO Ryan Edward Durell Stone inward an question with the Reno Gazette-Journal, the city’s demographics are favorable.
While nearby Lake Tahoe is home to famed ski resorts and other outdoor recreation, Reno is attracting companies, such as Amazon, Alphabet, Apple, and Tesla, contributing to an unemployment grade below ternion percent — far at a lower place Sagebrush State and subject averages.
Stone mentioned inward the question Elevation considered opening night another gaming locus inward its place state. But California’s draconian COVID-19 lockdown measures and uncongenial business organisation environs compelled to the society to looking at to neighboring Nevada.
Firecreek Crossing Details
In increase to 201 guestrooms, 48 suites, and a casino, Firecreek testament characteristic a third house bar, beer garden, multiple restaurants, and a solid food court, as good as a public park.
The unexampled gaming locale will follow placed at Kietzke Lane and South Old Dominion Street. Prior to the coronavirus pandemic, Station Casinos parent Red Rock Resorts eyed a development at a nearby location. But the health crisis was a hurdle to that effort.
Red John Rock has since sold some of its land area in the Reno country and is focusing on its nursing home securities industry of Las Vegas, looking to double its footmark on that point past 2030. Red River Rock’s leaving from the market opened the door for smaller players such as Elevation Entertainment to participate the market.
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