- Come Thursday, the Nevada Gaming Commission is likely to give Derek Stevens the green light to begin operating Circa in downtown Las Vegas.
- Stevens isn’t likely to experience difficulties during the final steps of the regulatory process since he has been in this thing for several years.
- Already, Stevens has an upper hand following the Nevada Gaming Control Board’s unanimous recommendation that the commission approves licensing.
- Circa has numerous features that industry experts think are going to draw visitors away from the Strip.
The Nevada Gaming Commission is expected to give Derek Stevens the license for his downtown Las Vegas Circa resort on Thursday.
The Nevada Gaming Control Board unanimously recommended the commission to approve licensing after September 9’s 90-minute hearing. Stevens is well known among the regulators. He has been licensed nine times in the last 12 years. Besides, he has been in several interviews related to the scheduled October 28 opening in the past year.
Some prospective licensees find the regulatory process a stressful time when they expose their weaknesses and observant competitors learn about what they are up to.
Stevens is different. He took the questioning from members of the board as an opportunity to share more about the first from-the-ground-up resort being established in downtown in the past four decades and create excitement in people.
Here are some of the revelations from the earlier interviews:
- Circa’s sportsbook will be the largest in the world, a three-story operation with a seating capacity of 1000. The book will have a TV studio and radio booths to host visiting media that will make it more prominent.
- The branded sports wagering system of the company, Circa Sports, is growing. Apart from developing a fresh football contest through Circa and gaining a foothold in the crowded Colorado sports-betting market, Stevens is about to expand his business in Nevada as he seeks approval to operate the sportsbook at the Tuscany.
- Circa will have the first-ever Stadium Swim, a tiered “aquatheater” in front of a giant video screen where guests can enjoy watching sports in a relaxed atmosphere.
- The Legacy Club Rooftop Cocktails on the 35th floor of what is set to become the tallest building in downtown will offer views of the sunset and the Strip.
- Located just on the opposite side of Circa, the Garage Mahal may turn out to be the finest parking spaces in Las Vegas since it’s going to be the first-of-its-kind transit center for ride-hailing companies.
- Circa will be an adults-only property, according to Stevens’ announcement in June. He is not the first person to try the adults-only concept.
These numerous features are likely to provide a new draw to the downtown area, according to some industry experts.
Founder and president of LaunchVegas LLC Nehme Abouzeid said the many signature elements in the property, including the adults-only concept, make it a must-visit resort in downtown that could get some market share from the Strip.
Director of government affairs for Global Market Advisors Brendan Bussmann said both Steven’s personality and Circa’s features will draw some visitors away from the Strip just like other off-Strip establishments do.