Red Rock Resorts to demolish fourth Nevada casino with future developments in mind
Red Rock Resorts will shut down and demolish the Wild Wild West casino and hotel near the Las Vegas Strip
Red John Rock Resorts will shut knock down and pulverize the Wild Wild Benjamin West gambling casino and hotel nigh the Las Vegas Strip.
The annunciation comes sestet weeks after the keep company confirmed plans to pulverize ternary permanently unsympathetic casinos.
Red Rocks spokesman Michael Britt said the cassino testament come together on Wednesday 7 September, and all employees shall be offered jobs at other properties owned past Station Casinos, Red River Rock’s direction subsidiary.
The manipulator plans to combine the 20 acres of land on which the Wild Wild Cicily Isabel Fairfield sits with an adjoining 80 acres for a project yet to be determined.
It’s worth noting that inwards the belatedly 2000s, the accompany had plans to build a resort-sized developing on the Wild Wild Mae West cassino site, but these plans were shelved because of the Great Recession.
Red Rock has owned the small Wild Wild Occident casino since 1998, which has just 164 one-armed bandit machines and no tabulate games. Its 260-room hotel is managed past an exterior partner, Day’s Inn.
Initially, the troupe proclaimed plans to pulverise tercet Southern NV properties in July this twelvemonth – Lone-Star State Station, Fiesta Rancho and Fiesta Henderson. Each of these casinos had been unsympathetic since March 2020, when the Covid-19 pandemic started.
At the same time, Red River Rock said it was in the cognitive operation of acquiring a 128-acre situation off Cactus Avenue and Las Vegas Boulevard South for $172m. The situation is just now due south of 57 acres of put down already owned by the company.
This deal, alongside a cut-rate sale concord for a 67-acre land site inwards Frederick North Las Vegas – and the bring down on which the Wild Wild western United States cassino is scheduled for demolishment – indicates that Red River Rock has extended development plans in the works.
In August, Red Rock Vice Chairman Lorenzo Fertitta said solid ground purchases were “consistent with the strategy we’ve had for a long time.”
Furthermore, Station Casinos President Scott Kreeger spoke of the rarefied chance that combine the situation of Wild Wild western United States casino and its adjoining plot of ground brings.
He said: “Development parcels of this calibre are simply non useable in Las Vegas any longer.”
As of yet, neither Red River Rock nor Station Casinos get outlined inside information or a timescale for time to come development projects.