I think that would benefit small operators. “Obviously, when there are more people in the area, there's more money in the area. “I'd like to see more residences,” Brooks said. It’s just a really important piece of property in Henderson.”ĭeSimone and Brooks both hope the land could be used for high-density housing, which could mean more casino customers. “I'm encouraged and hopeful that whoever buys it does something constructive. “I’m sad to see it go, but not too sad,” DeSimone said of the 35-acre site near the intersection of Interstate 215, U.S.Highway 93-95 and Lake Mead Parkway.

Through its Station Casinos operating subsidiary, Red Rock acquired the Fiesta in 2001, three years after Ameristar Casinos opened it. That property is expected to open in 2023.įor DeSimone and Brooks, seeing Fiesta Henderson permanently disappear provides an opportunity as a large competitor in the Henderson market is being erased. Red Rock is also spending $750 million to build Durango Station near the 215 Beltway in the southwest valley. The purchase adds to the five development sites Red Rock already had in the Las Vegas Valley that covered more than 256 acres. Just five days later, Red Rock confirmed it was spending $172.4 million to acquire 126 acres at the southwest corner of Las Vegas Boulevard and Cactus Avenue. It also allowed company officials to double down on efforts to grow Red Rock’s footprint in Las Vegas. The casino operator said it would sell the sites after demolishing the buildings and “reposition the land,” meaning the gaming entitlements would be removed at the time of sale.įor Red Rock Resorts, the statement ended any uncertainty surrounding the future of the casino locations that had been shuttered going on 28 months. Neither gaming executive was surprised by Red Rock Resorts’ recent announcement that the company would not reopen the Fiesta Henderson and two North Las Vegas casinos – Texas Station and Fiesta Rancho – that had been closed since March 2020. However, he believed the longer the hotel-casino remained closed, “the less chance there was that it would ever reopen.” Tim Brooks, who operates the Emerald Island and Rainbow Club casinos on Water Street, said he didn’t have an interest in buying Fiesta Henderson. “I think they just kind of just wrote it off.” “They weren’t receptive,” recalled DeSimone, who operates Railroad Pass on U.S. Henderson casino owner Joe DeSimone reached out to Red Rock Resorts last year to see if the company was interested in selling the closed Fiesta Henderson.

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