On Thursday, the stretch of Boulder Highway near the demolition site has reopened. “Maybe a little less casino, a little more housing for the community.” It’s a real problem here, you know,” Cody Chapman, a Las Vegas native, told FOX5.

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Downtown Las Vegas casinos also posted a new annual high in 2025, generating more than $951.2 million, up 2.1 percent from the former record-setting $931.3 million in 2024. Implosion enthusiasts jockeyed for position in the hotel-casino’s front parking lot, where drivers paid $25 for a front-row view of the demolition. A San Diego resident who drove to Las Vegas to watch the Eastside Cannery implosion, as it was one of his favorite casinos. A neighboring casino that hosted a demolition party, selling parking spaces and rooms to give guests a view of the Eastside Cannery implosion. Derek Stevens, Golden Gate Casino owner & CEO in Las Vegas, told Fox News Digital the hotel has replaced live dealers with entertainment gaming systems as tourism plunges.

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Multiple multi-billion dollar casinos are operating here. Entertainment City Sleeping giant of Asian casinos is the Philippines. An off-Strip casino is expanding its senior leadership team with the promotion of two longtime employees and the addition of a new executive, continuing a management restructuring that began last year. Nevada gaming regulators’ continuing legal fight against prediction market KalshiEx LLC has led to an emergency motion to delay action before its appeal.

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You want to make sure to allow yourself plenty of time to navigate through The Strip, get parking, walk through the casino, and maybe grab a drink. In August, Clark County’s gaming revenue exceeded $1 billion, with approximately 10% contributing to state coffers. This surge in gaming revenue is proving to be a jackpot for Nevada taxpayers. Montesano is set to receive a small refund, courtesy of Nevada tax revenue generated by casino earnings.

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The implosion was the fifth he’s seen in person, Snow said. Before that, it took two implosions in the summer of 2016 to bring down the Riviera on the opposite end of the Strip, clearing space for an expansion of the Las Vegas Convention Center. The Eastside Cannery hotel tower, on Boulder Highway, is imploded early in the morning Thursday, March 5, 2026. Save my name, email, and website in this browser for the next time I comment.

  • Altogether, the portfolio adds more than 6,000 hotel rooms, 4,300 slot machines, and 78 table games to VICI’s empire.
  • Derek Stevens, Golden Gate Casino owner & CEO in Las Vegas, told Fox News Digital the hotel has replaced live dealers with entertainment gaming systems as tourism plunges.
  • The promotion being held by Stevens’ hotels will be in place until Aug. 31.
  • “You really don’t do that on a normal basis in a busy city.”
  • Golden Entertainment will still manage day-to-day operations, so hotels, restaurants, and attractions should stay the same for now.

Caesars Entertainment owns the other six Strip casino properties in its portfolio. That total does not account for long-term lease payments on multiple casino properties across the country, including Caesars Palace and Harrah’s in Las Vegas. Its current market capitalization of $5.1 billion and reported debt load of $11.9 billion results in an enterprise value of $17 billion. The company’s share price is down nearly 73 percent over the last five years. Caesars Entertainment’s stock price surged more than 19 percent after the close of trading Thursday following the FT story. On Friday, a Caesars Entertainment spokesperson said the company would not comment on market speculation or rumors.

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“Some of this really has to do with how good these new electronic table games are and how good some of these new high-limit slot machines are,” he said. “I think things continue to change. I remember that at one point in time, people played sic bo a fast-paced dice game with Asian origins,” said Stevens. The tourism decline has been attributed to a combination of factors, including the impact of tariffs, the seasonal summer slowdown, and a surge in online gaming. There were 3,089,300 visitors this July compared to over 3.5 million last year, while occupancy on the Strip dropped 7% from 86.5% last year.

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For the latest Las Vegas casino and gaming industry news and headlines visit reviewjournal.com. Fertitta’s hospitality empire includes several Golden Nugget casino hotels in Nevada and the largest single shareholder stake in Wynn Resorts Ltd. This will be the first time I watch it in real life, bring ’em down.” “I’m from San Diego, and this is one of my favorite casinos,” Gus Biner told FOX5. The nearby Longhorn Casino hosted a demolition party to give guests a front-row seat to the implosion, selling parking spots for $25 and rooms for $250, FOX5 Las Vegas reported. A Las Vegas hotel-casino was demolished on Thursday after the establishment closed during the COVID-19 pandemic and never reopened.

Las Vegas Strip and downtown casinos closed out 2025 with a slight uptick in gambling revenue despite a significant drop in visitors and signs of pricing fatigue among customers, according to public data and industry analysts. A retired carpenter who brought his guitar and secured a parking space across from the Eastside Cannery to watch the implosion, his first time witnessing a building demolition in real life. Macau High rollers, luxury casinos and hotels plus a rich heritage make Macau one of the world’s premiere gaming destinations. Mitchell Fairbarn, 33, of Ontario, Canada got tossed in a cage himself after allegedly snatching Peachy from an enclosure at the Flamingo hotel on the city’s iconic, casino-dotted strip Tuesday, cops told the Las Vegas Review Journal. The upcoming F-1 race is expected to attract high-end visitors, further boosting gaming revenue and visitor numbers. A trio of downtown Las Vegas hotel-casinos said that more than 15,000 Canadians visited the properties in the first 30 days of a new promotion treating the Canadian dollar equal to the U.S. dollar on select purchases.

High-end gaming is dominating the Las Vegas market

  • Metro received an animal cruelty call from the hotel around 6 a.m.
  • They stressed that Las Vegas’ unique combination of world-class entertainment, restaurants and experiences will continue to draw visitors, even amid temporary slowdowns.
  • The implosion was the fifth he’s seen in person, Snow said.
  • We understand that sometimes travel plans change.
  • Given that slot machines are still a hit, Stevens said he’s seen an influx of traffic at his other hotel, Circa Resort & Casino, by bringing in ETGs.

A stretch of Boulder Highway will close overnight this week to accommodate crews as they implode the Eastside Cannery’s hotel tower. Plus, Las Vegas-based MGM Resorts International and vegas casino app its digital gaming partner BetMGM announced a $1 million expanded commitment to responsible gaming efforts. Demolition crews imploded the shuttered property’s hotel tower at 2 a.m.

Infusing our signature rock vibe with the unique character of each city, our hotels truly celebrate their surroundings. We understand that sometimes travel plans change. When it comes to children entertainment there are some fantastic Vegas shows including Tournament of Kings, Mystere, and Blue Man Group. The great news about Las Vegas shows is that there is no official dress code. Gaming revenue on the Las Vegas Strip has increased by 5.5%, while downtown has seen a rise of over 8%. Brian Gordon, a principal at Applied Analysis, highlighted the importance of strong gaming numbers, saying, “It provides stability for those employees, and it helps offset some of the other challenges that the economy has been experiencing.”

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It gave lack of customer demand as the reason, and announced in October 2025 that it would demolish the casino. Announced in October 2025 that it would demolish the casino It only took a matter of seconds for the structure to collapse following the dynamite-powered implosion.

Metro received an animal cruelty call from the hotel around 6 a.m. Video surveillance featured in the arrest report appears to show Fairbarn walking through the hotel with the flamingo. The “At Par” campaign, which aims to boost trips from Canada by providing US$1 for every CA$1 spent, drew more than 15,000 visitors and 2,700 bookings in its first month. Home of the Legendary Burger, luscious libations, flavor explosions and great times.

Local time on Thursday. “It’s just I have never seen a building come down live, you always see it on the news but never live.” It catered to locals rather than tourists, offering value-oriented gaming, dining and stays away from the crowded Las Vegas Strip. Eastside Cannery Hotel-Casino opened on the Boulder Strip in 2008, replacing the older Nevada Palace casino. But as one of the largest real-estate owners in Vegas, VICI has deep pockets and a track record of investing in major destinations. Golden Entertainment will still manage day-to-day operations, so hotels, restaurants, and attractions should stay the same for now.

Locals lament as Las Vegas hotel-casino that closed during COVID is demolished

The event drew a mix of reactions, with some mourning the loss of a favorite casino and others embracing the potential for the site’s future. While some attendees expressed nostalgia for the casino, others welcomed the progress that will come with redeveloping the site. You understand that you can opt-out at any time.

A lower-than-average slot hold of 7.2 percent, which Beynon noted was below the long-term average of 8 percent, offset a 1.4 percent increase in slot volume, while baccarat volume rose 1 percent but faced tough hold comparisons. December proved particularly challenging on the Strip, according to Chad Beynon, senior gaming, lodging & theatres analyst at Macquarie Equity Research. “There is every reason to be optimistic about the future as news of our death has been greatly exaggerated,” she said.

“Las Vegas suffered in 2025 from the reality that international travel to the U.S. became less desirable, especially in critical feeder markets such as Canada,” Lucas said. Anthony Lucas, professor of casino management at UNLV and a former gaming industry executive, said weaker international visitation played an outsized role in the annual numbers. The contrast suggests gaming revenue could have been even higher if tourist counts had held steady. The result was a 7 percent decline in slot revenue and a 5 percent decrease in table games revenue for the month. Nevada’s nonrestricted casino licensees won $15.8 billion from gamblers last year, a year-over-year increase of 1.2 percent over the previous record of $15.61 billion set in 2024, according to the state Gaming Control Board.

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