Derek Stevens, the prominent Las Vegas casino mogul, has clarified that his next project for a second Circa Casino Resort in Downtown Las Vegas is still a few years off. During a recent event, he responded to Mayor Shelley Berkley’s ambitious announcement regarding his plans, stating that design work for the new site won’t commence for a couple of years. The current parcel, located in Symphony Park, is being utilised for a residential tower construction.
The area behind Circa, known for its recent gaming boom, is expected to continue generating impressive revenues, while Stevens is focused on ensuring that whatever he builds next will be a good neighbour to other local developments.
Key Points
- Stevens confirmed that any design work for a new casino project is still a few years away.
- Current site preparations are primarily for a residential tower named Cello.
- Circa Casino Resort has significantly contributed to Downtown Las Vegas’ gaming revenue, which reached $931.2 million in 2024.
- Stevens owns several other properties in the area, including the Golden Gate and D Las Vegas.
- He plans to consider various options carefully before finalising plans for the new casino.
Why should I read this?
If you’re interested in the future of Las Vegas and the gaming industry, this article puts a spotlight on one of the key figures in the area. Derek Stevens’ insights into his upcoming projects and the local economy give you a sneak peek into what’s brewing behind the scenes in the casino world. Plus, it’ll help you stay updated on developments that could shape the city’s landscape in the coming years!
