To keep its gaming rights which will in turn preserve its property value, The Queen of Hearts casino must open for eight hours every two years.
"The Queen of Hearts, though vacant, is hugely valuable. Its owners are planning to swap the whole block for a city-owned parcel in an area slated for redevelopment; they want to build a resort.
In the meantime, the owners need to keep the property's gaming rights intact to maintain the property's value, estimated at $13 million to $15 million, which will allow them to trade for land of similar worth."
"Recently, the number of one-day casinos has jumped. There were three in 2004, five in 2006 and seven this year -- including one at the site of Las Vegas' first racially integrated casino, the Moulin Rouge. The reasons vary, but the sour economy, which has stalled construction projects along the Strip, has likely played a role. Many owners won't sell or build until real estate and credit markets rebound."
FULL STORY: Casino stays in the game for a day
Why Cities Should Think Twice Before Rolling the Dice on Gambling
Seen as a source of economic development and easy money for cities (struggling or not) throughout North America, casino projects are neither a revenue panacea nor the win-win "economic bullet" that supporters claim, argues Richard Florida.
Las Vegas Faces a Challenging and Uncertain Environmental Future
Excessive heat will impact the desert city in the coming years, and major steps need to be taken now to change its course.
Pennsylvania's Gambling Expansion Proving Unpopular at the Local Level
The state thought more casinos would be a good way to raise some revenue for the state. So far a lot of local governments want no part of that action.
Maui's Vacation Rental Debate Turns Ugly
Verbal attacks, misinformation campaigns and fistfights plague a high-stakes debate to convert thousands of vacation rentals into long-term housing.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
In Urban Planning, AI Prompting Could be the New Design Thinking
Creativity has long been key to great urban design. What if we see AI as our new creative partner?
Researchers Use AI to Get Clearer Picture of US Housing
Analysts are using artificial intelligence to supercharge their research by allowing them to comb through data faster. Though these AI tools can be error prone, they save time and housing researchers are optimistic about the future.
Making Shared Micromobility More Inclusive
Cities and shared mobility system operators can do more to include people with disabilities in planning and operations, per a new report.
Car Designs Make it Harder to See Pedestrians
Blind spots created by thicker pillars built to withstand rollover crashes are creating dangerous conditions for people outside vehicles.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Appalachian Highlands Housing Partners
Gallatin County Department of Planning & Community Development
Heyer Gruel & Associates PA
Mpact (founded as Rail~Volution)
City of Camden Redevelopment Agency
City of Astoria
City of Portland
City of Laramie