Boulder Strip (Nevada gaming area)
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The Boulder Strip gaming market is a division used by the
Nevada Gaming Commission The Nevada Gaming Commission is a Nevada state governmental agency involved in the regulation of casinos throughout the state, along with the Nevada Gaming Control Board. In 1959, the Nevada Gaming Commission ("Commission") was created by the pas ...
for a segment of the casino industry in
Las Vegas Las Vegas (; Spanish for "The Meadows"), often known simply as Vegas, is the 25th-most populous city in the United States, the most populous city in the state of Nevada, and the county seat of Clark County. The city anchors the Las Vegas ...
,
Nevada Nevada ( ; ) is a state in the Western region of the United States. It is bordered by Oregon to the northwest, Idaho to the northeast, California to the west, Arizona to the southeast, and Utah to the east. Nevada is the 7th-most extensive, ...
, United States. The region is named for the
Boulder Highway State Route 582 (SR 582) is a major highway in the Las Vegas Valley. The highway is the former route of U.S. Route 93 (US 93) and US 95 (and, historically, US 466) before they were moved to the current freeway alignment shar ...
which is the dominant highway in the region. The American Gaming Association lists Boulder Strip as #10 out of the top 20 US Casino Markets by annual revenue, just ahead of Reno/Sparks, Nev.


Gaming Revenue of Boulder Strip Casinos

The
Nevada Gaming Commission The Nevada Gaming Commission is a Nevada state governmental agency involved in the regulation of casinos throughout the state, along with the Nevada Gaming Control Board. In 1959, the Nevada Gaming Commission ("Commission") was created by the pas ...
publishes revenue in its annual Gaming Abstract report, covering the preceding fiscal year (1 July through 30 June). For fiscal year 2008 (1 July 2007 through 31 June 2008), the Boulder Strip market was compared to
Downtown Las Vegas Downtown Las Vegas (commonly abbreviated as DTLV) is the central business district and historic center of Las Vegas, Nevada. It is the original townsite, and the Downtown gaming area was the primary gambling district of Las Vegas prior to the S ...
. Licenses in Boulder Strip are only reported in one group. All 32 casinos in the Boulder Strip group make more than $1 M in gaming revenue annually. The Boulder Strip market is more dependent on slot machines than Downtown Las Vegas. The casinos are mostly oriented toward locals. Race and Sports book are more important. The entire Boulder Strip market (gaming and non-gaming) is a little smaller than the revenue generated by the Las Vegas properties of
Wynn Resorts Wynn or wyn (; also spelled wen, ƿynn, and ƿen) is a letter of the Old English alphabet, where it is used to represent the sound . History The letter "W" While the earliest Old English texts represent this phoneme with the digraph , ...
.


List of Boulder Strip casinos

The Nevada Gaming Commission has stretched the definition of the Boulder Strip so that includes not just the Boulder Hwy., but all of the casinos in the city of Henderson. The following list includes gaming licenses for the Boulder Strip and the area of the casino. Since the 32 casinos include many small casinos, often equipped only with slot machines, this list is limited to casinos with gaming areas greater than . The casinos with gaming revenue over $72 M in fiscal year 2008 are noted. ;Notes The ''total revenue'' (gaming and non-gaming) for the 32 casinos was $1248 million. Individual revenues for casinos is difficult to know with certainty since many companies are private and do not report revenue, or they are public, but only report revenue for groups of casinos. From the NGC abstract we know that the top eight casinos collectively took in between $858 million and $1147 million with an individual minimum of $37 million. From the square footage of the casino floor, number of machines and gaming tables, general quality of the resort and an SEC report that said that Arizona Charlie's Boulder took in $48m in revenue in one year, one can assume that the top eight are the first eight in the above list. Green Valley Ranch, Sunset Station, Boulder Station, and Sam's Town are the four largest casinos with roughly 2,500 slot machines apiece. Casino Montelago at Lake Las Vegas caters to tourists at the upscale resorts in Lake Las Vegas. Fiesta Henderson and Arizona Charlie's Boulder are the next in size. Eastside Cannery was under construction during the time period of the report (July 1, 2007 - June 30, 2008) so their revenue numbers represented the Nevada Palace, an older casino on the site. Joker's Wild and Eldorado Casino are both owned by Boyd gaming, and Joker's Wild is slightly larger with 30 more slot machines and a poker room. For the first 11 months of the last fiscal year gaming revenue is down 9.32% vs. 13.9% for Clark County as a whole partly because the Eastside Cannery Resort opened this fiscal year. There are less than 3,000 rooms associated with all of these casinos so that non-gaming revenue consists of mostly food and beverages plus lease fees to secondary businesses like bowling alleys. The five largest of these casinos have a cinema attached to the complex leaving only the aging Cinedome Henderson which opened in 1993 as the only free standing first run cinema in Henderson.


References

{{DEFAULTSORT:Nevada gaming area, Boulder Strip Clark County, Nevada Gambling in Nevada