Existing licenses would remain intact
The city of Reno, Nevada may approve a ban on new casinos or establishments with unrestricted gaming licenses on the north edge of its downtown district. According to the Associated Press, it’s part of a campaign to redevelop the one-mile corridor that links the city to the campus of the University of Nevada, Reno.
Current licensees such as Circus Circus would continue to operate, but no new licenses would be granted.
“If you already have a gaming use, you’re vested and can continue unless you abandon that use,” Fred Turnier, community development director, told the Reno Gazette-Journal. But Turnier already seems to have given some thought to the alternatives. “If Circus Circus ever decided to abandon its gaming use, for example, then you have potential student housing development for that site,” he said.
The plan would help the university expand and increase its visibility from downtown, Turnier added. “Coming from I-80, you can’t see the university so this is about having a more signature aspect to the gateway. We want to create a university feel for the area.”
