Summary:
- Las Vegas will house more gaming venues with several casino-resort projects in the pipeline
- Some of those projects are likely to see major progress this year
- Three proposals could come to fruition in 2024, with construction of an existing project expected to resume this year
There are exciting times ahead for gaming in Las Vegas with multiple casino-resort projects likely to see some movement this year. Casinos in the city are continuing to recover following the pandemic and 2024 could herald a new chapter of growth as major companies and entities bet big on the city’s gaming potential.
A number of new venues are expected to rise across the valley in the coming years and some of those projects could obtain government approval or break ground this year, including the following:
New Hard Rock-branded Resort on the Strip
The Seminole Indian Tribe, which owns the Hard Rock International brand, currently operates The Mirage after acquiring the Strip property in December 2022 from MGM Resorts International for just over $1 billion.
Mirage will undergo extensive renovation to be transitioned into a guitar-themed hotel.
Hard Rock executives have yet to disclose the full details and the exact timeline of the project but the redevelopment could commence as early as this year, with CEO Jim Allen already hinting at a late-2027 or early-2028 launch.
Westside Resort in Historic Westside
Originally named “Harlem Nights”, a casino-resort project now called “Westside Resort” could be approved by the Las Vegas City Council in 2024. The plan went through numerous changes since it was first put forward by developer Shlomo Meiri in April 2023.
The original 60-tower proposal has been reduced to just 34 stories, and while there is ongoing opposition to the plan, Meiri remains optimistic it will get the council’s nod given its potential to bring economic growth to the Historic Westside.
Tilman Fetitta Backed Strip Casino-Resort
Tilman Fertitta’s casino-resort project on the Strip could finally begin construction this year after multiple building permit applications were submitted to Clark County in 2023.
The Houston billionaire, who owns the Golden Nugget Hotel and Casinos, plans to build a 43-story casino-resort for the southeast corner of Las Vegas Boulevard and Harmon Avenue.
The property will include a 2,420-room hotel, a 2,500-seat theater, convention space, wedding chapel, spa, and restaurants.
Dream Las Vegas on Las Vegas Boulevard
Unlike the three projects mentioned above, Dream Las Vegas, a boutique hotel and casino development on the Strip, already began construction in 2022.
However, due to financing issues, construction was paused in March 2023.
In October 2023, developer Shopoff Realty Investments stated that the project could proceed in early 2024.
The company’s CEO and president Bill Shopoff later confirmed that new financing for the project would be finalized in February, and construction should continue by the end of March.
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