“As a reminder, the entire Viva site consists of 96 acres so (if) the A’s transaction closes and they exercise their 8-acre option, we still retain 39.3 acres for future modernization as we continue to execute on our strategy of repositioning our land portfolio for future growth,” Cootey said.

The A’s also were granted an option to acquire an additional 8 acres at the site. “Unfortunately, we’re under confidentiality so we can’t really answer any of those questions at this time,” Executive Vice President and Chief Financial Officer Stephen Cootey said.Įarlier in the call, Cootey said the A’s announced on April 20 that they had entered into a purchase agreement to buy 48.6 acres on what Red Rock executives refer to as their “Viva” site - the former location of the Wild Wild West casino at Tropicana Avenue and Dean Martin Drive. The total amount of the transaction wasn’t revealed.Īnalysts prodded executives for information on whether there would be gaming entitlements on either the land purchased by the A’s or adjacent property that would be retained by Red Rock Resorts. recently in the spotlight for its surprising deal of a binding agreement to sell nearly 49 acres to the Oakland Athletics - on Thursday dodged specific questions about the transaction, during its first-quarter earnings call.Įxecutives said the agreement with the A’s is confidential, but it expects the deal to close in the fourth quarter. (Bizuayehu Tesfaye Las Vegas Review-Journal) Rock Resorts Inc.

Tropicana Ave., near Allegiant Stadium on Tuesday, April 18, 2023, in Las Vegas. A view of potential A's stadium site, right, where the former Wild Wild West Gambling Hall and Hotel was operating on 3330 W.

Red rock casino demographic