Jump to content

Fiesta Rancho

Add links
Coordinates: 36°12′10″N 115°11′57″W / 36.202816°N 115.199135°W / 36.202816; -115.199135
From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Cydebot (talk | contribs) at 22:10, 9 October 2016 (Robot - Moving category Buildings and structures in Las Vegas, Nevada to Category:Buildings and structures in Las Vegas per CFD at Wikipedia:Categories for discussion/Log/2016 September 6.). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Fiesta Rancho
Location North Las Vegas, Nevada
Address 2400 North Rancho Drive
Opening dateDecember 14, 1994; 29 years ago (December 14, 1994)
ThemeSouthwestern party
No. of rooms100
Total gaming space59,932 sq ft (5,567.9 m2)[1]
Casino typeLand-based
OwnerStation Casinos
Previous namesFiesta (1994–2001)
Renovated in1996, 1997, 1999, 2004
Coordinates36°12′10″N 115°11′57″W / 36.202816°N 115.199135°W / 36.202816; -115.199135
Websitehttps://fiestarancho.sclv.com/

Fiesta Rancho is a hotel and locals casino located on 25.46 acres (10.30 ha) of land at 2400 North Rancho Drive,[2] across the street from the Texas Station hotel-casino, in North Las Vegas, Nevada.[3]

The hotel-casino opened as the Fiesta in 1994. It was owned and operated by the Maloof family until its sale to Station Casinos in 2001. Station renamed the property as Fiesta Rancho, to differentiate it from its sister property, the Fiesta Henderson.

History

Fiesta (1994–2001)

George J. Maloof Jr. convinced his family to build the casino. The Maloof family chose to build in a location off of the Las Vegas Strip, where real estate prices were significantly higher.[4] George Maloof, who spent three years attempting to obtain financing for the project, said, "It was tough to put it together. A lot of people questioned the location. I looked at the growth in the area and was convinced it could work. I just had to convince other people."[3] The 25-acre property was purchased in March 1994.[5] The hotel-casino was constructed at a cost of either $25 million,[4] or $35 million.[6]

The hotel-casino opened as the Fiesta on December 14, 1994,[7][8] with 100 hotel rooms.[6] The Fiesta featured a Mexican theme,[9] and was the first hotel-casino opened in North Las Vegas.[10] The Fiesta was owned and operated by the Maloof family,[11][12] while George Maloof served as the president of the hotel-casino.[13] Upon opening, the Fiesta aimed to appeal to the video poker market.[14] George Maloof, speaking about the casino's success, said, "We figured out quickly that it was too small when we opened."[3]

An expansion in 1996 added a buffet and 700 slot machines.[15] A 1997 expansion doubled the casino to 50,000 sq ft (4,600 m2). By that time, the Fiesta included a drive-through sports book, 1,400 video poker and slot machines, five restaurants,[16] and was among nine other Las Vegas casinos to offer SportXction, a new interactive betting system.[17] In 1998, the Nevada Gaming Control Board considered fining the Fiesta for participating in illegal betting practices on horse races.[18][19] Later that year, the Gaming Control Board filed a 17-count complaint against the Fiesta.[20]

In February 1999, Maloof announced plans for a $22 million expansion, to be completed by mid-December 1999 for the celebration of the New Millennium.[13] By July 1999, the expansion was expected to cost $26 million. According to Maloof, "The thrust of our expansion is entertainment, things we didn't have before. It's going to be highly themed and entertainment-oriented. It'll appeal to different markets, some younger crowds. You build these things for different times of the day."[16] Up to that point, the casino had paid out over 118,500 royal flushes won through its video poker machines, and had been proclaimed as "the Royal Flush Capital of the World." At that time, 1,000 of the casino's 1,400 slot machines played video poker. The casino's sign would also give passers-by the casino's current total of royal flushes paid out.[14]

The $26 million expansion was scheduled to open on November 30, 1999.[8][15] The expansion was constructed on the east side of the property, at the northeast corner of Lake Mead Boulevard and Rancho Drive,[13][16] and featured the addition of a food court with six restaurants.[21] The expansion included the addition of "the world's largest" tequila bar, Garduno's Margarita Factory; and Roxy's Pipe Organ Pizzeria, which featured a large 70-year-old pipe organ that was once part of the Roxy Theater in New York.[8]

The expansion also increased the casino by 20,000 sq ft (1,900 m2),[15][21] for a total of 70,000 sq ft (6,500 m2).[22] The number of slot machines was raised 500,[15] to nearly 2,000 machines.[8] A four-story, 1,000-space parking garage was also added, which allowed direct access to the food court.[16][21] Maloof hired 250 new workers for the expansion, bringing the Fiesta's employee total to approximately 1,300. Maloof said, "We didn't think we'd be expanding as quickly as we have since we opened. You never expand just to expand. There's got to be demand." The Fiesta had received approximately 8,000 customers a day, but Maloof projected the number to increase to 10,000 after the expansion. Maloof's future expansion plans for the Fiesta included the addition of a 500-room hotel tower and an additional 1,000 sq ft (93 m2) of gaming space.[15]

In March 2000, the Fiesta became the first casino to field test a new type of coinless gambling machines, when 50 of its video poker machines were converted to a completely coinless format. According to George Maloof, "For someone to make a whole floor coinless, the market's not ready. But there's a certain person that doesn't want to mess with coins any more. That's perfect for them." If successful, it was anticipated that the Fiesta could switch up to 300 of its machines to a coinless format.[23] Later that year, Maloof said the casino's coinless slot machines had been successful with customers.[24]

After six years of successful operation, the Fiesta's clientele was 99 percent local, and George Maloof wanted to expand the Fiesta brand with a new location on property he owned on Flamingo Road, west of the Las Vegas Strip.[4] Maloof had met with Station Casinos chairman Frank Fertitta III and Las Vegas Sun editor Brian Greenspun – who owned a company that was building a casino in Green Valley, Henderson as a joint project with Station – to discuss possible joint ventures; their talks evolved, and Station ultimately announced in July 2000 that it would purchase the Fiesta.[22][25] Maloof planned to use the money from the sale to fund his new $250 million hotel-casino on Flamingo Road,[22] which eventually became the site of his Palms Casino Resort.[4] Before the sale, the Fiesta's 1,100 employees were required to reapply for their jobs, as 412 employees from other Station casino properties had applied for a transfer to the Fiesta; Station planned to hire only 1,016 people.[26]

In October 2000, Station agreed to purchase the Reserve hotel-casino in Henderson, Nevada, and considered redesigning it and renaming it as another Fiesta location.[27] Station's $185 million purchase of the Fiesta was finalized in January 2001,[6] followed later that month by the company's $70 million purchase of The Reserve.[28] After the acquisition, the Fiesta's 1,100 employees were laid off and replaced with employees from other Station casino properties as part of an attempt to "Stationize" the Fiesta.[29] The Fiesta's "Royal Flush Capital of the World" tagline was also discontinued.[30]

Fiesta Rancho (2001–present)

In March 2001, the hotel-casino was renamed Fiesta Rancho.[31] In April 2001, Station announced that The Reserve would be renamed as Fiesta Henderson,[32][33] as the company had hoped to turn Fiesta into a successful brand name.[34] Station Casinos' chief financial officer said that some day, there would "almost certainly" be more than two Fiesta casinos in the Las Vegas Valley.[34]

By August 2001, the Fiesta Rancho's profits had declined in part because of competition from the new Suncoast Hotel and Casino – which took an estimated 20 percent of the Fiesta Rancho's customer base – and from Carl Icahn's Arizona Charlie's Decatur hotel-casino. The decline was also attributed to the layoffs of 1,100 employees, many of whom personally knew the casino's regular customers; an estimated 2,000 to 3,000 regular customers attended the Fiesta up to five times a week, but it is believed that many of them were alienated by the layoffs.[29]

The Fiesta also had a reputation among local gamblers for its loose video poker machines, but many customers felt that this was no longer the case after the sale to Station. Anthony Curtis, publisher of the Las Vegas Advisor, said, "Any time there's a little change, these people (local gamblers) are very fickle. They'll fly off the handle, get crazy and leave. All of a sudden, they don't feel at home anymore." Station launched a large-scale marketing plan to promote the Fiesta Rancho and bring back its clientele.[35] The Fiesta Rancho's sister property, the Fiesta Henderson, opened on December 29, 2001.[34][36]

In 2003, the Fiesta Rancho was chosen by readers and staff of the Las Vegas Review-Journal for "Best Video Poker", as part of the newspaper's annual "The Best of Las Vegas" awards.[37][38] By December 2003, Station planned to remove the ice arena from its Santa Fe Station, also on North Rancho Drive, as it was not financially viable. Instead, Station planned to begin construction on a 31,000 sq ft (2,900 m2) 1,400-seat ice arena at Fiesta Rancho in April 2004, for an autumn 2004 opening.[39] The ice rink opened under the name SoBe Ice Arena.[40]

In 2006, the Fiesta Rancho was chosen by the Las Vegas Review-Journal for its "Best Blackjack" award.[41] In February 2008, the casino's table-game minimums were lowered and its "Royal Flush Capital of the World" tagline was reintroduced as part of a new promotional tactic to promote the casino as its own brand, distinct from Station.[30] From 2009 to 2011, Fiesta Rancho and Fiesta Henderson were voted "Best Video Poker" by readers of the Las Vegas Review-Journal.[42][43][44] The Fiesta casinos were also chosen by the Las Vegas Review-Journal for its 2011 "Best Bingo" award.[45]

References

  1. ^ "2015 Listing of Financial Statements Square Footage". Nevada Gaming Control Board. January 7, 2016. p. 4. Retrieved September 9, 2016.
  2. ^ "Real Property Parcel Record". Clark County Assessor's Office. Retrieved May 2, 2016.
  3. ^ a b c Benston, Liz (December 23, 2005). "Neighborhood Draw". Las Vegas Sun. Retrieved May 2, 2016.
  4. ^ a b c d "In his Palms: Turning 2, Maloof's pride and joy is a major Vegas player". Las Vegas Sun. November 14, 2003. Retrieved May 2, 2016.
  5. ^ "Parcel Ownership History". Clark County Assessor's Office. Retrieved May 2, 2016.
  6. ^ a b c Simpson, Jeff (January 4, 2001). "Casino Transition: Maloof sorry to see Fiesta go". Las Vegas Review-Journal. Archived from the original on February 18, 2001.
  7. ^ "Fiesta celebrates birthday with events". Las Vegas Review-Journal. December 14, 2001. Archived from the original on December 26, 2002.
  8. ^ a b c d Strow, David (November 3, 1999). "Fiesta readies to open doors on expansion". Las Vegas Sun. Retrieved May 2, 2016.
  9. ^ Berns, Dave (November 10, 1997). "Fiesta keeps its Flamingo site options open". Las Vegas Review-Journal. Archived from the original on May 8, 2001.
  10. ^ "History of Las Vegas Timeline 1990-1994". Las Vegas Convention and Visitors Authority (LVCVA). Retrieved May 2, 2016.
  11. ^ Graham, Tim (July 18, 1997). "Maloofs' NHL deal not on Lightning-quick pace". Las Vegas Sun. Retrieved May 2, 2016.
  12. ^ Kantowski, Ron (August 5, 1999). "To Maloof family, hospitality is good business". Las Vegas Sun. Retrieved May 2, 2016.
  13. ^ a b c Smith, Hubble (February 16, 1999). "Fiesta announces expansion". Las Vegas Review-Journal. Archived from the original on August 23, 2002.
  14. ^ a b "Playing the percentages". Las Vegas Sun. July 11, 1999. Retrieved May 2, 2016.
  15. ^ a b c d e Smith, Hubble (November 29, 1999). "Spicing up the Recipe". Las Vegas Review-Journal. Archived from the original on October 20, 2002.
  16. ^ a b c d Smith, Hubble (July 5, 1999). "Builder under pressure on Fiesta project". Las Vegas Review-Journal. Archived from the original on November 15, 2002.
  17. ^ Feour, Royce (September 27, 1997). "New betting system keeps players active". Las Vegas Review-Journal. Archived from the original on September 17, 2000.
  18. ^ Berns, Dave (June 30, 1998). "Board to examine special race bets". Las Vegas Review-Journal. Archived from the original on October 10, 1999.
  19. ^ Berns, Dave (July 2, 1998). "Fiesta may face penalty". Las Vegas Review-Journal. Archived from the original on August 30, 1999.
  20. ^ "Control Board may fine Fiesta for offering illegal race betting". Las Vegas Review-Journal. October 1, 1998. Archived from the original on September 16, 2000.
  21. ^ a b c Smith, Hubble (October 12, 1999). "Fiesta to open expansion". Las Vegas Review-Journal. Archived from the original on October 15, 2002.
  22. ^ a b c Berns, Dave (July 20, 2000). "Station agrees to buy Fiesta". Las Vegas Review-Journal. Archived from the original on August 19, 2002.
  23. ^ Strow, David (March 10, 2000). "Casinos try again with 'coinless' slots". Las Vegas Sun. Retrieved May 2, 2016.
  24. ^ Strow, David (August 24, 2000). "Vast majority of Suncoast slots will be of 'coinless' variety". Las Vegas Sun. Retrieved May 2, 2016.
  25. ^ Strow, David (July 28, 2000). "Station, Greenspuns to invest in Maloof family's new casino resort". Las Vegas Sun. Retrieved May 2, 2016.
  26. ^ Strow, David (November 9, 2000). "Fiesta workers reapplying for jobs". Las Vegas Sun. Retrieved May 2, 2016.
  27. ^ Berns, Dave (October 19, 2000). "Station's Missouri deal brings Reserve to fold". Las Vegas Review-Journal. Archived from the original on October 27, 2000.
  28. ^ Strow, David (December 28, 2001). "Station's Reserve rebranded as Fiesta". Las Vegas Sun. Retrieved May 2, 2016.
  29. ^ a b Berns, Dave (August 31, 2001). "Station aims to perk up flagging Fiesta". Las Vegas Review-Journal. Archived from the original on November 4, 2002.
  30. ^ a b Knightly, Arnold M. (February 9, 2008). "Fiesta brand sent to forefront in new promotional push". Las Vegas Review-Journal. Retrieved May 2, 2016.
  31. ^ Berns, Dave; Simpson, Jeff (March 25, 2001). "Column: Gaming Chips". Las Vegas Review-Journal. Archived from the original on August 12, 2002.
  32. ^ "Riviera profit decreases, Ameristar earnings up". Las Vegas Sun. April 24, 2001. Retrieved May 2, 2016.
  33. ^ Berns, Dave (April 24, 2001). "Casino Earnings: Revenue down for Station". Las Vegas Review-Journal. Archived from the original on November 4, 2002.
  34. ^ a b c Strow, David (December 28, 2001). "Station's Reserve rebranded as Fiesta". Las Vegas Sun. Retrieved May 2, 2016.
  35. ^ Strow, David (September 4, 2001). "Station reinforcing Fiesta against Summerlin rivals". Las Vegas Sun. Retrieved May 2, 2016.
  36. ^ "Fireworks will mark casino rebranding". Las Vegas Review-Journal. December 29, 2001. Archived from the original on January 7, 2002.
  37. ^ "Best Video Poker -- Reader's Pick". Las Vegas Review-Journal. Archived from the original on December 7, 2003.
  38. ^ "Best Video Poker -- Staff Pick". Las Vegas Review-Journal. Archived from the original on August 23, 2003.
  39. ^ "Station to move rink, expand Santa Fe". Las Vegas Sun. December 16, 2003. Retrieved May 2, 2016.
  40. ^ Brown, Tiffany (September 30, 2007). "A Moment Captured". Las Vegas Sun. Retrieved May 2, 2016.
  41. ^ "Best Blackjack". Las Vegas Review-Journal. Archived from the original on June 4, 2008.
  42. ^ "Best Video Poker Hotels". Las Vegas Review-Journal. Archived from the original on February 27, 2010.
  43. ^ "2010 - Best Video Poker". Las Vegas Review-Journal. Archived from the original on April 2, 2010.
  44. ^ "2011 - Best Video Poker". Las Vegas Review-Journal. Archived from the original on December 28, 2011.
  45. ^ "2011 - Best Bingo". Las Vegas Review-Journal. Archived from the original on January 18, 2012.

Official website

Retrieved from "https://en.wikipedia.org/w/index.php?title=Fiesta_Rancho&oldid=743490407"