Suncoast,
Rampart Don't Fear New Resort
Station Casinos opens its Red
Rock Resort next month, but its nearest competitors
aren't quaking in their boots.
The
$925 million casino at the intersection of the
Las Vegas Beltway and Charleston Boulevard has
been touted by those who have toured it as being
not only clearly better than all other locals
casinos, but as good as any on the Strip.
Pretty
big praise, so you might think the operators
of the Suncoast and Rampart casinos would be
worried about losing business.
They're
not.
"All
of our customers are going to want to go see
the Red Rock," said Rampart co-owner Bill
Paulos. "Everybody's going to want to see
the Red Rock. Station does a helluva a job;
those guys (the Fertitta brothers, Station's
top executives and owners) do a great job.
"But
we have a niche casino at Rampart. We have a
base of customers who like the feel of what
we do."
The
Suncoast, operated by Boyd Gaming's Coast Casinos
subsidiary, won't lose too much business either.
The property's been open for more than five
years, and Coast Chief Executive Michael Gaughan
isn't worried about the casino losing long-term
business to Red Rock.
Red
Rock is a bit more than two miles away from
the Suncoast and a little farther from the Rampart.
Gaughan said recently that the Las Vegas Valley's
growth, particularly in and around Summerlin,
will insulate Suncoast from the impact of the
April opening of Red Rock.
"The
town's just exploding, and Suncoast won't take
the hit you might think," Gaughan said.
Paulos
laughed when he was asked if Station had given
him a tour of the property - other Las Vegas
casino owners have, bosses who weren't as directly
competitive.
"No,
they haven't asked me, but I'm anxious to go,"
Paulos said. "I want to see what you can
get for almost a billion dollars."
Gaughan
said new slot systems in place at his South
Coast and Suncoast will soon be expanded to
Coast's Orleans and Gold Coast casinos. The
new systems allow the casinos to give customers
free slot play as an inducement to come in and
gamble and as a reward for previous play.
Station
has long offered a system with that capability,
but Gaughan said that he won't try other Station-style
marketing to lure slot players.
While
Gaughan lures gamblers in with mailers promising
substantial rewards to top players, Station
takes more of a shotgun approach, offering Jumbo
Jackpots at random to slot players and inexpensive
gifts on its mailers.
"The
difference between me and Station is they run
a lottery," Gaughan said. "I reward
my better players."
Paulos
said he and partner Bill Wortman are finalizing
their plans to convert the Nevada Palace on
Boulder Highway to a Cannery brand.
"We
hope to be pushing dirt by the end of the year,"
Paulos said.
The
partners' North Las Vegas Cannery is two months
away from opening a major expansion that will
include 14 movie theaters, a big race and sports
book, a poker room and an Italian restaurant
and deli.
Behind
the decision to expand was a gradually growing
customer base boosted by the increasing number
of people living in close proximity to the Cannery.
"In
most other businesses you have to build enough
capacity for your average business, but in the
locals casino business you have to build for
your peak business," Paulos said. "The
Cannery is doing very, very well."
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