The buyer, VICI Properties Inc., already owns some of the most famous names in Vegas real estate, including Caesars Palace, MGM Grand, and The Venetian Resort. Such sales are rare for properties on the Strip, where real estate value is astronomical. Trusted worldwide for gambling news, analysis and industry expertise. “I think the interest rate level that we’re currently at is disproportionately hitting one end of the market,” said Stevens.
The implosion was the fifth he’s seen in person, Snow said. Before that, it took two implosions in the summer of 2016 to bring down the Riviera on the opposite end of the Strip, clearing space for an expansion of the Las Vegas Convention Center. The Eastside Cannery hotel tower, on Boulder Highway, is imploded early in the morning Thursday, March 5, 2026. Save my name, email, and website in this browser for the next time I comment.
A casino hotel that opened in 2008 but closed during the COVID-19 pandemic and never reopened, before being demolished. The event drew visitors from out of state as well as longtime Las Vegas locals, some of whom expressed fond memories of the Cannery’s nightclub and happy hour. The Longhorn Casino hosted a demolition party, selling parking spaces for $25 and rooms for $250 to give guests a front-row seat to the implosion. The implosion of the Eastside Cannery marks the end of an era for the Las Vegas gaming and hospitality industry, as the city continues to evolve with new development. The Longhorn Casino hosted a demolition party, selling parking spaces and rooms to give guests a front-row view of the implosion.
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- Peachy was taken to a veterinarian and officials are hopeful the bird will make a “full recovery,” according to Caesars Entertainment Corp, which owns the hotel.
- A stretch of Boulder Highway will close overnight this week to accommodate crews as they implode the Eastside Cannery’s hotel tower.
- While some attendees expressed nostalgia for the casino, others welcomed the progress that will come with redeveloping the site.
In August, gaming revenue on the Strip rose by 5.5%, downtown by over 8%, and the Boulder Strip by nearly 10%. They stressed that Las Vegas’ unique combination of world-class entertainment, restaurants and experiences will continue to draw visitors, even amid temporary slowdowns. “The reality is occupancy is down 3 percent, and visitation is down,” Hornbuckle said, before adding, “We are as solid as a rock.
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Las Vegas Strip and downtown casinos closed out 2025 with a slight uptick in gambling revenue despite a significant drop in visitors and signs of pricing fatigue among customers, according to public data and industry analysts. A retired carpenter who brought his guitar and secured a parking space across from the Eastside Cannery to watch the implosion, his first time witnessing a building demolition in real life. Macau High rollers, luxury casinos and hotels plus a rich heritage make Macau one of the world’s premiere gaming destinations. Mitchell Fairbarn, 33, of Ontario, Canada got tossed in a cage himself after allegedly snatching Peachy from an enclosure at the Flamingo hotel on the city’s iconic, casino-dotted strip Tuesday, cops told the Las Vegas Review Journal. The upcoming F-1 race is expected to attract high-end visitors, further boosting gaming revenue and visitor numbers. A trio of downtown Las Vegas hotel-casinos said that more than 15,000 Canadians visited the properties in the first 30 days of a new promotion treating the Canadian dollar equal to the U.S. dollar on select purchases.
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“You really don’t do that on a normal basis in a busy city.” Remarking on the gathering outside the Longhorn, Erica Tyning said that everyone was just “having a good time.” “I’ve seen the implosions on YouTube quite a bit. Anthony Lucas, who also sat outside the Longhorn waiting for the implosion, didn’t originally plan to be in Las Vegas early Thursday.
Eastside Cannery Hotel-Casino Imploded in Las Vegas
The event drew a mix of reactions, with some mourning the loss of a favorite casino and others embracing the potential for the site’s future. While some attendees expressed nostalgia for the casino, others welcomed the progress that will come with redeveloping the site. You understand that you can opt-out at any time.
- He said the Cannery was one of his favorite casinos and that he typically stays at the Longhorn Casino when he visits Las Vegas.
- “Some of this really has to do with how good these new electronic table games are and how good some of these new high-limit slot machines are,” he said.
- Nevada’s nonrestricted casino licensees won $15.8 billion from gamblers last year, a year-over-year increase of 1.2 percent over the previous record of $15.61 billion set in 2024, according to the state Gaming Control Board.
- The year-end gaming totals remained steady even as overall visitation and other key tourism metrics went down.
Multiple multi-billion dollar casinos are operating here. Entertainment City Sleeping giant of Asian casinos is the Philippines. An off-Strip casino is expanding its senior leadership team with the promotion of two longtime employees and the addition of a new executive, continuing a management restructuring that began last year. Nevada gaming regulators’ continuing legal fight against prediction market KalshiEx LLC has led to an emergency motion to delay action before its appeal.
For Golden CEO Blake L. Sartini, the move signals a big change that “unlocks significant value in our real estate,” according to his comments in the release. “VICI has sought exposure to the Las Vegas locals market since our inception, and we’re thrilled to acquire seven new assets across Nevada,” said John Payne, president and COO of VICI Properties, in the press release. Altogether, the portfolio adds more than 6,000 hotel rooms, 4,300 slot machines, and 78 table games to VICI’s empire.
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Local time on Thursday. “It’s just I have never seen a building come down live, you always see it on the news but never live.” It catered to locals rather than tourists, offering value-oriented gaming, dining and stays away from the crowded Las Vegas Strip. Eastside Cannery Hotel-Casino opened on the Boulder Strip in 2008, replacing the older Nevada Palace casino. But as one of the largest real-estate owners in Vegas, VICI has deep pockets and a track record of investing in major destinations. Golden Entertainment will still manage day-to-day operations, so hotels, restaurants, and attractions should stay the same for now.
“Some of this really has to do with how good these new electronic table games are and how good some of these new high-limit slot machines are,” he said. “I think things continue to change. I remember that at one point in time, people played sic bo a fast-paced dice game with Asian origins,” said Stevens. The tourism decline has been attributed to a combination of factors, including the impact of tariffs, the seasonal summer slowdown, and a surge in online gaming. There were 3,089,300 visitors this July compared to over 3.5 million last year, while occupancy on the Strip dropped 7% from 86.5% last year.
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We also cover up-to-the-minute news stories regarding gambling, poker games, online gaming, and much more. Discover the latest in-depth casino industry news at LasVegasCasinoNews.com. Stevens said dealers from Golden Gate were relocated to their other casinos, Las Vegas or Circa. Quotes displayed in real-time or delayed by at least 15 minutes. Atlantic City Play in Atlantic City’s wide variety of casinos and poker rooms.
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He said the Cannery was one of his favorite casinos and that he typically stays at the Longhorn Casino when he visits Las Vegas. This will be the first time I watch it in real life, bring ‘em down.” Mark Carson said the implosion was his first demolition.
What this means for visitors
Reaction to that news was mixed among those gathered. “It’s just I have never seen a building come down live, you always see it on the news but never live.” While some attendees expressed nostalgia for the casino, the event also highlighted the mixed feelings the community has about the changes happening in the city. The implosion of the vegas casino app Eastside Cannery Hotel-Casino marks the end of an era for Las Vegas, as the city continues to evolve with new development. It’s just I have never seen a building come down live, you always see it on the news but never live.”
It gave lack of customer demand as the reason, and announced in October 2025 that it would demolish the casino. Announced in October 2025 that it would demolish the casino It only took a matter of seconds for the structure to collapse following the dynamite-powered implosion.
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A pair of Laughlin casinos are rolling the dice, and one lucky player could take the house. The email you need for the day’s top news stories from Canada and around the world. The promotion being held by Stevens’ hotels will be in place until Aug. 31. The percentage drop year over year on those airlines ranged from 22 per cent on Porter up to 33 per cent on WestJet. Las Vegas Convention and Visitors Authority found in its tourism indicators that the number of visitors to the city had dropped by 5.2 per cent in November 2025, compared to one year prior. Stevens said the “at par” rate will apply to accommodations and drink prices, with hotel stays paying the “same number shown in U.S. dollars” charged in Canadian dollars.
A lower-than-average slot hold of 7.2 percent, which Beynon noted was below the long-term average of 8 percent, offset a 1.4 percent increase in slot volume, while baccarat volume rose 1 percent but faced tough hold comparisons. December proved particularly challenging on the Strip, according to Chad Beynon, senior gaming, lodging & theatres analyst at Macquarie Equity Research. “There is every reason to be optimistic about the future as news of our death has been greatly exaggerated,” she said.
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