Reno (Nevada gaming area)
Encyclopedia
Reno
is only 14 miles over the California border. The Nevada Gaming Commission
groups it as one gaming region, with a total of five casinos earning more than $72 million in the last fiscal year. In other reports the Reno region is consolidated with the Sparks region which is only four miles further east on Interstate 80.
. This casino is off Interstate 80
on the drive from San Francisco and Sacramento, California
. In addition to being 80 miles closer, it is also at low altitude, so that it is not necessary to cross the Sierra Nevada (U.S.) mountain range which frequently becomes hazardous in winter. Further competition arrived on December 18, 2008 with the opening of the Red Hawk Casino run by the Shingle Springs Band of Miwok Indians. The Red Hawk Casino is also very close to Sacramento.
Ray Hagar from the Reno Gazette Journal said that The competition from tribal casinos was once a thorn in Reno's side. Now, it is poised to be the dagger in the heart of Reno-Sparks and Lake Tahoe properties that can't afford to join in the Cold War-style escalation of the Atlantis and Peppermill expansions.
According to the abstract, there are thirteen thousand rooms in the Reno casinos. For FY08 gaming revenue was $872m and non-gaming revenue was $733m. Casinos with revenue over $36 million had 77% of the gaming revenue, and 82% of the non-gaming revenue.
There are ten casinos in Washoe County
, many of which are nearby Reno, but are not classified as being in Reno/Sparks region by the Nevada Gaming Commission. Boomtown Reno and Terrible's Gold Ranch Casino to the west of the city and Tamarack Junction to the south are examples of casinos in this group.
All figures are in in thousands of dollars and show the change over a 4 year period.
City of Reno
Reno
Reno is the fourth most populous city in Nevada, US.Reno may also refer to:-Places:Italy*The Reno River, in Northern ItalyCanada*Reno No...
is only 14 miles over the California border. The Nevada Gaming Commission
Nevada Gaming Commission
The Nevada Gaming Commission is a Nevada state governmental agency involved in the regulation of casinos throughout the state, along with the Nevada Gaming Control Board. It was founded in 1959 by the Nevada Legislature....
groups it as one gaming region, with a total of five casinos earning more than $72 million in the last fiscal year. In other reports the Reno region is consolidated with the Sparks region which is only four miles further east on Interstate 80.
Indian casino competition
Unlike Las Vegas, the Reno/Sparks region built only one major new casino since the 1990s, the Silver Legacy. The older casinos, particularly the Atlantis and the Peppermill, have been updated and new hotel towers have been added. Reno is competing with the United Auburn Indian Community which has built the large Thunder Valley Casino in Lincoln, CaliforniaLincoln, California
Lincoln is a city in Placer County, California, United States located in the metropolitan area of Sacramento. The population was 42,819 at the 2010 census, with a growth rate of 282.1 percent since 2000 , making it the fastest growing city in the U.S...
. This casino is off Interstate 80
Interstate 80
Interstate 80 is the second-longest Interstate Highway in the United States, following Interstate 90. It is a transcontinental artery running from downtown San Francisco, California to Teaneck, New Jersey in the New York City Metropolitan Area...
on the drive from San Francisco and Sacramento, California
Sacramento, California
Sacramento is the capital city of the U.S. state of California and the county seat of Sacramento County. It is located at the confluence of the Sacramento River and the American River in the northern portion of California's expansive Central Valley. With a population of 466,488 at the 2010 census,...
. In addition to being 80 miles closer, it is also at low altitude, so that it is not necessary to cross the Sierra Nevada (U.S.) mountain range which frequently becomes hazardous in winter. Further competition arrived on December 18, 2008 with the opening of the Red Hawk Casino run by the Shingle Springs Band of Miwok Indians. The Red Hawk Casino is also very close to Sacramento.
Ray Hagar from the Reno Gazette Journal said that The competition from tribal casinos was once a thorn in Reno's side. Now, it is poised to be the dagger in the heart of Reno-Sparks and Lake Tahoe properties that can't afford to join in the Cold War-style escalation of the Atlantis and Peppermill expansions.
Largest casinos
| Name | Rooms | Location | Gaming Revenue in FY08 |
|---|---|---|---|
| Atlantis Casino Resort Atlantis Casino Resort Atlantis Casino Resort Spa is a hotel and casino in Reno, Nevada. The property is currently owned by Monarch Casino Resort Inc . The three hotel towers have combined 1,000 guest rooms and Jacuzzi suites. The casino floor spans 67,000 sq ft and is one of Reno's most profitable and luxurious... |
1000 | Airport/Convention Center | >$72 million |
| Peppermill Hotel Casino Peppermill Hotel Casino The Peppermill Resort-Spa-Casino is a resort located in Reno, Nevada currently owned by Peppermill Resorts Inc It first opened in 1971, and includes a Tuscan themed pool deck, 1,600 hotel rooms, 600 suites, as well as convention facilities. The resort also contains a casino draped in neon... |
1635 | Airport/Convention Center | |
| Harrah's Reno Harrah's Reno Harrah's Reno is a hotel casino in Reno, Nevada. Harrah's Reno is credited for being Harrahs Entertainment's first hotel when the company was owned by its founder William F. Harrah.-History:... |
974 | Reno downtown | |
| Silver Legacy Silver Legacy Resort Casino The Silver Legacy Resort & Casino is a land based hotel and casino in Downtown Reno, Nevada, it opened on July 28, 1995. It anchors a network of connected hotel-casinos in the downtown Reno core that included jointly owned properties Eldorado Hotel-Casino and Circus Circus Reno... |
1712 | Reno downtown | |
| Eldorado | 817 | Reno downtown | |
| Grand Sierra Resort Grand Sierra Resort The Grand Sierra Resort & Casino is a resort hotel located approximately three miles east of Downtown Reno, Nevada. The hotel has 2,001 guest rooms and suites, 10 restaurants, including two by celebrity chef Charlie Palmer, and a casino with of space... |
1995 | Reno downtown south of river | >$36 million <$72 million |
| John Ascuaga's Nugget Casino Resort John Ascuaga's Nugget Casino Resort John Ascuaga's Nugget Casino Resort is a casino resort/hotel in Sparks, Nevada. The main portion of the casino consists of two 29-story towers nestled between Interstate 80 and the Union Pacific rail yard. There are additional attached buildings underneath and across Interstate 80 from the towers... |
1600 | Sparks | |
According to the abstract, there are thirteen thousand rooms in the Reno casinos. For FY08 gaming revenue was $872m and non-gaming revenue was $733m. Casinos with revenue over $36 million had 77% of the gaming revenue, and 82% of the non-gaming revenue.
There are ten casinos in Washoe County
Washoe County, Nevada
Washoe County is a county located in the U.S. state of Nevada. The population was 421,407 at the 2010 census. Its county seat is Reno. Washoe County includes the Reno-Sparks metropolitan area.-History:...
, many of which are nearby Reno, but are not classified as being in Reno/Sparks region by the Nevada Gaming Commission. Boomtown Reno and Terrible's Gold Ranch Casino to the west of the city and Tamarack Junction to the south are examples of casinos in this group.
Revenue History
Gaming Revenue in the Reno area peaked in June 2006 as competition from Sacrament Indian casinos intensified. Revenue began to rapidly decrease from that point as the recession took over.All figures are in in thousands of dollars and show the change over a 4 year period.
| Device | Reno 30-Jun-10 | Reno 30-Jun-06 | Sparks 30-Jun-10 | Sparks 30-Jun-06 |
|---|---|---|---|---|
| Twenty One | $55,231 | $82,012 | $4,863 | $9,458 |
| Rest of Pit | $78,065 | $105,529 | $10,023 | $13,465 |
| Card | $7,775 | $9,112 | $1,227 | $1,119 |
| Slots | $430,636 | $578,209 | $112,056 | $146,608 |
| Total | $571,707 | $774,862 | $128,169 | $170,650 |
External references
Visit Reno list of Casinos and Interactive MapCity of Reno