{"id":6752,"date":"2013-12-29T18:30:46","date_gmt":"2013-12-29T18:30:46","guid":{"rendered":"https:\/\/forumarchives.tmsites.net\/index.php\/2013\/12\/29\/mirage-led-wave-of-expanded-casino-floors-but-cycle-might-be-trending-downward\/"},"modified":"2013-12-29T18:30:46","modified_gmt":"2013-12-29T18:30:46","slug":"mirage-led-wave-of-expanded-casino-floors-but-cycle-might-be-trending-downward","status":"publish","type":"post","link":"https:\/\/forumarchives.tmsites.net\/index.php\/2013\/12\/29\/mirage-led-wave-of-expanded-casino-floors-but-cycle-might-be-trending-downward\/","title":{"rendered":"Mirage led wave of expanded casino floors, but cycle might be trending downward"},"content":{"rendered":"<p><!-- Original Post Content --><br \/>\n<img decoding=\"async\" src=\"http:\/\/i43.tinypic.com\/iyj4o2.jpg\" alt=\"\" \/><br \/>\n\t<span style=\"font-size: 185px\">Wynn Las Vegas and Encore\u2019s gaming areas take up 185,000 square feet, the same as 78 average single-family homes, or 155 Subway sandwich shops. (Courtesy of Barbara Kraft)<\/span><\/p>\n<p>\tBy JENNIFER ROBISON<br \/>\n\tLAS VEGAS REVIEW-JOURNAL<br \/>\n\tThere are casinos, and then there are casinos.<\/p>\n<p>\tNevada has 265 licensed gaming floors statewide, but to see the man among boys, head over to Wynn Las Vegas and Encore, which state Gaming Control Board researchers classify as the state\u2019s largest casino space. The properties\u2019 gaming areas take up a combined 185,000 square feet \u2014 the same as 78 average-sized single-family homes, or 155 Subway sandwich shops.<\/p>\n<p>\tOK, so the two megaresorts have separate casinos. They technically count as a single space, though, because they operate under one gaming license. If you think that\u2019s fudging a bit on ranking the biggest single casino expanse, then the place you want to check out is MGM Grand. There, you can walk in and see laid out before you a 171,500-square-foot gambling Xanadu. The floor is a bit smaller than your standard Wal-Mart Supercenter and just as expertly designed to part you and your money.<\/p>\n<p>\tNevada\u2019s casinos weren\u2019t always this huge, and in many parts of the state, they still aren\u2019t. The average casino statewide was 32,234 square feet in fiscal 2012, according to Gaming Control Board stats. Cactus Pete\u2019s, the big deal in the Northern Nevada pit stop of Jackpot, has 26,000 square feet of space. Hawthorne\u2019s El Capitan has 10,000 square feet.<\/p>\n<p>\tEven the Strip\u2019s old-school casinos are more intimate than their younger counterparts. The Flamingo has 77,000 square feet, and the former Sahara had 85,000 square feet. The Tropicana\u2019s casino floor comes in at 50,000 square feet, and Bally\u2019s, which opened in 1973 as the MGM Grand, has 67,000 square feet.<\/p>\n<p>\tBut like pretty much everything else in \u201cnew\u201d Vegas, developer Steve Wynn took things over the top. His Mirage, which kicked off the modern boom when it opened in 1989, has 100,000 square feet. MGM Grand followed in 1993 with its super-sized floor. Bellagio opened in 1998 with 116,000 square feet and The Venetian a year later with 120,000. CityCenter\u2019s Aria, the last hotel-casino designed during the boom, has a 150,000-square-foot floor. In fact, the average square footage of Nevada casinos soared 39.8 percent from fiscal 1990 to fiscal 2012, said Mike Lawton, the Gaming Control Board\u2019s senior research analyst.<\/p>\n<p>\tAs with any cycle, casino floor sizes might be coming full-circle.<\/p>\n<p>\tThe newest megaresort, The Cosmopolitan of Las Vegas, went 1980s-style with its 100,000-square-foot casino. That\u2019s just the start of a looming downward trend, said David Schwartz, director of UNLV\u2019s Center for Gaming Research. As slot machines go multidenominational, able to take pennies, nickels, quarters and dollars, casinos will need fewer of them, Schwartz said.<\/p>\n<p>\t\u201cThe floors are definitely getting less crowded.\u201d<\/p>\n<hr>\n<h3>Replies:<\/h3>\n<p>No replies were posted for this topic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wynn Las Vegas and Encore\u2019s gaming areas take up 185,000 square feet, the same as 78 average single-family homes, or 155 Subway sandwich shops. (Courtesy of Barbara Kraft) By JENNIFER ROBISON LAS VEGAS REVIEW-JOURNAL There are casinos, and then there&#8230;<\/p>\n","protected":false},"author":36,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-6752","post","type-post","status-publish","format-standard","hentry","category-latest-casino-news"],"_links":{"self":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/6752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/comments?post=6752"}],"version-history":[{"count":0,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/6752\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/media?parent=6752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/categories?post=6752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/tags?post=6752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}