Reno Could Get Its First New Online Casino Resort Since 1995

Details of the plans

A portion of the proposed site for the new Reno Online Casino resort is owned by Online Casino operator Red Rock Resorts. It previously had plans to construct a Online Casino without a hotel on the site. Elevation Entertainment is under contract to buy the land.mini game cassino

The current working title for the prospective new Online Casino is the Firecreek Crossing Resort-Online Casino. It is unclear as of yet how much the project would cost; Stones expects it to have 65,000 square feet of Online Casino space, an outdoor pool deck, and restaurants. Elevation Entertainment hopes to get approval for the new Online Casino by the summer and could see construction start in 12 to 18 months’ time.

constructed and operates two California cardroom Online Casinos

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Elevation Entertainment has a track record in the US gaming market. It constructed and operates two California cardroom Online Casinos: Seven Mile Online Casino in Chula Vista and Stones mini game cassino online Hall in Sacramento. Talking about Elevation Entertainment’s future plans, CEO Stones said: “We’ve worked with cities for over 30 years on projects. Our desire is to do more gaming. It fits perfectly with our skill set.”

Reno Mayor Hillary Schieve has talked with the developers and hopes that the new Online Casino resort can go ahead. She has not yet reviewed the current plans, but looks forward to doing so. She believes the hotel rooms are a big plus to the project and that it could be an attractive property to have in the middle of the city.

An exciting potential project

A California developer is planning to build the first new Online Casino resort in Reno, Nevada since 1995. San Diego-based Elevation Entertainment has officially submitted to the City of Reno its development plans for a new Online Casino resort that would have 200 hotel rooms.

first new Online Casino resort in the area since the opening of the Silver Legacy in 1995

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The new facility would be constructed close to the Reno-Sparks Convention Center on a 20-acre site that currently sits empty. It would be the first new Online Casino resort in the area since the opening of the Silver Legacy in 1995.

Speaking about the prospective project, Elevation Entertainment CEO Ryan Stones said that Reno was a great gaming market up until the building of the Thunder Valley Online Casino Resort in Sacramento in 2003, which drew visitors away. He noted that the introduction of non-gaming industries like a Tesla battery factory in Reno has sparked a recovery for the region and that there has been steady demographic growth over the past decade. Stones believes that the new Online Casino project in Reno would be a great opportunity.

Reno’s recovering gaming market

Reno’s gaming market hit a peak in 2000 when it generated a one-year record of $859m in revenue. Numerous Online Casinos closed during the 2000s as new tribal Online Casinos across Northern California ate into Reno revenues. There are signs of recovery, with gaming revenue hitting $728m last year, the best one-year total since 2007.

Revenue for 2022 is on track to beat last year’s total. Just 16 gaming facilities were up and running in Reno during the 2020 fiscal year, compared to 27 locations back in the 1995 fiscal year. Numerous Online Casinos in the region have changed hands over the past couple of years, receiving much-needed investment.