Derek Stevens, the CEO of the Circa Casino Resort, has revealed that his next casino project in Downtown Las Vegas is still a few years down the line. This announcement follows some comments made by Las Vegas Mayor Shelley Berkley during her State of the City address, which suggested the project was imminent.
Key Points
- Stevens clarifies that design work for the new casino is still a couple of years away.
- The new project will not be called Circa, despite being located on a site Stevens has owned since 2017.
- The current site is being used for constructing a residential tower, adding more housing to Symphony Park.
- Downtown Las Vegas gaming has seen a boom, reaching record revenues since the pandemic, with continued increases reported in early 2025.
- Circa Casino, which opened in 2020, has already expanded with more rooms, contributing to downtown’s revitalisation.
Content Summary
Derek Stevens emphasised the need for patience regarding his future casino plans in Downtown Las Vegas, stating they are still a few years away. The site, which has remained dormant since he acquired it, is currently being used for a residential project that aims to boost the area’s appeal. He acknowledged that with recent trends in increased gaming revenue downtown, confidence in his ideas for Circa continues to grow. There are no immediate timelines for the next casino, but Stevens is taking a thoughtful approach to ensure it complements the existing developments in the area.
Why should I read this?
If you’re into the ever-evolving landscape of Las Vegas and have an interest in casino developments, this article gives you the scoop on what to expect in the coming years. Stevens’ plans might seem far off, but they signal the ongoing transformation of Downtown Las Vegas’s gaming scene. So, you’ve saved yourself from jumping down a rabbit hole, we’ve done the leg work for you!
