Several Las Vegas Casinos Undergoing Expensive Renovation Projects
The worldwide casino industry has been booming in recent months, and Las Vegas is among the casino towns taking full advantage. Vegas was hit hard by the Great Recession in 2008, but it’s safe to say that it’s almost fully back now. Tourism is way up, which has helped some of the town’s many casinos fund much-needed renovations.
Nearly 43 million people visited Sin City in 2016, which was the most on record. That number is a 1.5 percent increase from 2015’s number of visitors, and it marked the third consecutive year that tourism has been up in the city.
While stats show a slight downturn in tourism so far in 2017 from where it was at this time a year ago, but that hasn’t stopped several of Vegas’ key attractions from undergoing million-dollar renovations.
The Cosmopolitan, which opened in December of 2010, announced a renovation plan that will cost $100 million back in June. Every bedroom in the massive resort is going to be stripped down completely and revamped with a new flair. The resort will also be adding iPads to each and every room that visitors may use to order room service, among other things.
The Golden Gate Casino & Hotel, which is one of Downtown Las Vegas’ oldest casinos, is almost done with its ongoing renovation project. The resort, which opened way back in 1906, will be doubling the size of the original casino floor. There will also be a completely revamped entryway on Fremont Street, a new outdoor bar and several other brand new facilities.
100 new slot machines will be installed on the casino floor, as well as a 24-foot television tower with a number of TV sets. It is the second massive renovation the casino has undergone in the last five years.
Monte Carlo, which is just down the strip from the Cosmopolitan, is in the midst of a $450 million renovation. They’re even changing the name. When the renovation is completed, Monte Carlo will be called Park MGM.
This is a complete overhaul of the original Monte Carlo, which opened in 1996. A new plaza featuring kiosks will be added as well as several new dining and beverage options. The “market” will be a part of the casino and hotel resort on the front level.
The casino floor will also be getting a trio of new bars, including a 12,000 square foot sports bar. That sports bar is expected to cost nearly $4 million on its own.
Palace Station is in the middle of a $191 million project. This place, which opened in 1976, will get a brand new casino bar as well as a new restaurant. The casino floor’s poker room and sports book facility will also get an overhaul. This new project comes in addition to a $115 million overhaul that included a new bingo room, two new restaurants and improved parking several years ago.
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