Downtown gaming Las Vegas

"Downtown Las Vegas Area" is the name assigned by the Nevada Gaming Control Board NGCB which includes the Downtown Las Vegas area casinos and the Stratosphere Tower which is located 2 miles (3.2 km) from Fremont Street. The city of Las Vegas uses the term Downtown Gaming for the casinos near the Fremont Street Experience. The land is part of the 110 acres (45 ha) that were auctioned on May 15, 1905 when the city was founded.

Currently downtown Las Vegas is the only place in Las Vegas where the casinos are clustered around an outdoor pedestrian zone. Caesars Entertainment has announced plans to build a similar venue with an observation wheel similar to the London Eye near the Flamingo Las Vegas.

In fiscal year 1988 the ratio of revenue for the Strip compared to downtown was less than 3:1. In FY2008 the ratio is over 10:1. However, downtown rode the massive increase in tourist spending from 2004 through 2007 that swelled the non-gaming revenue of the area. Non gaming revenue and income hit an all-time high in FY2006.

The population of the city of Las Vegas has increased from 249,000 in 1990 to over 600,000 in 2010. In the interim three major hotels have been constructed inside the city limits (Stratosphere Las Vegas, Suncoast Hotel and Casino and Rampart Casino). The downtown casino district with over 1100 employees has remained important to the city. Since the majority of the casinos remain outside the city limit many people have been promoting the idea of a Consolidated city–county government as a more equitable way to share revenue.

This table includes large casinos inside the area limits. The table, game, and slot count is valid on December 31, 2008. The category of over $1 million and under $12 million are re-evaluated every fiscal year. FSE means Fremont Street Experience. Games refers to table games. License numbers are issued by city of Las Vegas.

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