Reno Casino Expansion To Bring In Big Dollars
The Peppermill Hotel-Casino in Reno Nevada this week announced a $230 million expansion, including a new brand new hotel, bigger convention space and gaming floor, Peppermill officials said.
Kim Stoll of the Peppermill said, "We're excited to be hosting a press conference on Thursday to announce a $230 million expansion," "At that time, all of the facts and artist renderings will be presented to the public."
The South Reno Casino sent news conference invitations to a select group of city officials and community leaders, who confirmed receiving them Friday.
In 1999, Peppermill officials announced to Reno Nevada News their intent to spend $230 million on a 632-room hotel addition, a casino and retail expansion, new parking garage and added convention space for the Reno area.
Down the street and across from the Reno-Sparks Convention Center, officials at the Atlantis Casino Resort Spa said they have anticipated the Peppermill's expansion for some time, and are happy to finally see its announcement.
"It is fabulous," said John Farahi, co-chairman/CEO of the company that owns the Atlantis. "It will bring more and better entertainment and gaming to our community. It indicates there is confidence in our economy."
The added business should help increase bed and gambling taxes for the region.
"And they will have to spend more money advertising in our feeder markets," Farahi said.
Story by Ben Kieckhefer of the RGJ - Edited by Zane Durant Reno Nevada News > More on this story
Reno Nevada News * Reno Real Estate Market * Zane Durant, Editor |