One of the outcomes of fair competition is said to be lower prices and a
better product, which has never been more apparent as it is in Las Vegas.
Lately, there has been an increase in activity within the local casino
community, and two of the largest local operators - Boyd Gaming and Station
Casinos - are beginning to make more strategic decisions that are putting the
law of competition into quick effect.
Up until now, both gambling operators relatively avoided each other by
keeping their main casino properties a far distance from one another.
However, now that Station Casinos is has put $950 million into its largest and
most expensive casino, Red Rock Resort, which is located just a few miles from
Boyd Gaming's Suncoast Casino - the heat is on and Boyd is has already
responded.
As reported in a recent news article here at OnlineCasinoConditions, Boyd
just purchased a 40-acre piece of property for $35 million in northern Las
Vegas, which the company plans to use for a large gambling resort. It is
expected to be built within a year of Station's Aliante Casino, which will be
within only five miles of the property. The entire area around the
intersection of Interstate 15 and the Las Vegas Beltway is under major
development, which includes a spanning residential community.
Now that things have been put on the table, both gambling companies are
making it more apparent that they will be vying for each others business.
Station, which shares some of its properties with the Las Vegas Sun's Greenspun
family, has also made plans to redevelop its Wild Wild West property, which is
only a mile away from Boyd's Orleans Casino on Tropicana Ave. This,
economists say, is the law of competition in motion, which will do wonders for
the Las Vegas economy.