The Nevada Gaming Commission licenses Circa Casino

the nevada gaming commission licenses circa casino
27th Sep, 2020
Simon Colmenares Author Profile Photo Simon Colmenares

The Circa Resort Casino received approval from the Nevada Gaming Commission and was granted a license to open its doors to the public on October 28. However, it won’t be until December that the hotel tower will be open to the public.

The Nevada Gaming Control Board initially approved the casino for licensing on September 9, and the vote on September 24 was unanimous. The casino’s owner Derek Stevens has several other venues in the State, including the D Las Vegas and the Golden Gate. Stevens said: “Circa is about moments and we’re going to create moments.” 

The five commissioners in charge of the casino licensing were positive about the opening. They expressed their support for the casino and the boost it will give to the city. Gaming Commissioner Deborah J. Fuetsch said: “Something new and exciting is what we need down in Las Vegas.”   

Circa is the first casino in 40 years to be built from the ground up, and it’s located in Downtown Las Vegas. The cost of construction is speculated by experts to be no less than $1bn since there are no actual numbers on record or released officially as Stevens claimed any financial details to be confidential in a board meeting.

It’ll reportedly have the world’s largest sportsbook, capable of hosting up to 1,000 spectators. The two-story casino will have 1,350 slot machines and 49 table games. The venue is said to take up 1.25m square feet, with a fifth-floor pool and a hotel with 777 rooms.

Huge investments on the gambling industry

It can be easily seen how successful businessmen and companies find the gambling industry very lucrative. Plenty of great investments that go over $500 million have been made to build and launch amazing gambling venues that are open to everyone over 18 years of age.

The gambling industry is developing quickly and steadily with lots of new in-land based gambling venues as well as online gambling platforms that draw the attention of many players across the whole world.

Such eye-catching investments certainly seem to favor every single party involved since the industry improves its reputation, the players have access to incredible gambling alternatives and of course, the investors end up profiting in a short period of time.

On the other hand, with the re-opening of Circa Casino, the state of Nevada will be able to start receiving tourists from all over the country and the world more frequently, something that the state government and local businesses surely need in these desperate times.

The state of Nevada taking over the gambling industry

The state of Nevada, more precisely, the city of Las Vegas, has been known as the top destination for everyone that looks to invest in the gambling industry as a player or as an executive.

The city that never sleeps offers its citizens and the whole world the chance to gamble on mind-blowing spaces where the most advanced technology and innovations are at hand every single second.

The venues are open 24/7 and offer more than just gambling tables, they also provide the players with extra entertainment such as beverages and special events so that everyone has fun at all times after arriving at any of them.

Despite the great number of gambling options and offers available to the public, the city of Las Vegas has lost some ground against other famous gambling venues of the world, such as Singapore or the district of Macau.

Both of these jurisdictions have received great investments from visionaries that consider these places to have an amazing potential for the industry, and as a matter of fact, they have definitely lived up to that potential.

Singapore and Macau have caught the eye of every single person and business interested in the gambling industry in recent times. Thanks to that, these jurisdictions have become top destinations that many players worldwide wish to travel to.

The fight to stay at the top

Las Vegas surely is not alone anymore. The American city has solid competition in other continents, and it seems to be losing reputation and popularity every day.

Many factors can be mentioned that have caused such a horrible issue. However, the main reason lies on the incredible advancements that the other venues have had in the last few years.

For instance, Singapore is widely famous as a luxurious country where life is considered to be quite expensive in all aspects. For the players, this Asian country represents deluxe and the chance to live amazing experiences.

With that being said, it is more than interesting and convenient to ask one’s self the following question: is Las Vegas still the number 1 destination that all the players want to play in, or the city has given place to a more advanced venue somewhere else in the world?

27th Sep, 2020
Simon Colmenares