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Online Casino Conditions >>> Betting News >>> February News


Competition is up for Local Las Vegas Casinos


Online Casino Conditions Staff
February 20, 2006

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.

 

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