The Plaza Hotel and Casino, a gambling hall that has been in downtown Vegas for 40 years, is emerging from a major upgrade.
After construction was halted on the upscale Fontainebleau – located on the Vegas strip – all of the casino’s interior furnishings, including furniture, carpets, fixtures, marble, and granite were up for sale. The Plaza was more than happy to oblige.
“When they were looking to liquidate, we got a nice product for pennies on the dollar,” said Tony Santo, Plaza president and CEO. “And that got our thought process going.”
After being closed for several months, the Plaza reopened on Sept. 1 with its more than 1,000 rooms and suites all newly remodeled. However, the casino was still able to keep its rates low, starting at $44 mid-week and averaging $109 on weekends.
Downtown’s Fremont Street area has been struggling for years to compete with the more polished and more expensive Vegas Strip to the south. The Plaza’s redux, along with efforts at the El Cortez Hotel and Casino farther east, and the steadying presence of the four-diamond Golden Nugget, give downtown Las Vegas a solid foundation for a revival.