Olympia Companies
Olympia Companies is a privately held, founder-controlled Las Vegas-based diversified real estate developer operating master-planned communities (Southern Highlands and Skye Canyon), two Nevada casinos (Casino Fandango and Legends Bay), commercial/retail properties, HOA property management, outdoor advertising, realty services, and a luxury vacation e-commerce storefront.
- Company typePrivate
- Founded1988
- HeadquartersLas Vegas, United States
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingServices
What Olympia Companies does
Olympia Companies is a privately held, founder-controlled diversified Nevada real estate development corporation founded in 1988 by Garry V. Goett and Guy Inzalaco and headquartered at the 72,000 sq. ft. Southern Highlands Corporate Center in Las Vegas. The company's portfolio is organized across multiple operating subsidiaries: master-planned residential communities (Southern Highlands, a 2,750-acre community planned for over 25,000 residents, and Skye Canyon, a 1,000-acre build-out targeting 6,500 home sites); commercial and retail real estate (Southern Highlands Marketplace 190,000 sq. ft., Skye Canyon Marketplace 250,000 sq. ft., Blue Diamond Ranch Center & Plaza, Fire Station Plaza 28,000 sq. ft., and the Southern Highlands Corporate Center); gaming properties operated under Olympia Gaming (Casino Fandango in Carson City with 700+ slots, 10 table games, sports book, 100-room Courtyard by Marriott, and a 10-screen Galaxy Theatre; and Legends Bay Casino in Sparks, opened in 2022 as the first new Reno-Sparks casino in 20+ years, housing the only Circa Sports book in Northern Nevada and over 200 adjacent hotel keys under Hampton Inn & Suites and Residence Inn by Marriott); Olympia Management Services (HOA and community management for approximately 8,000 residential units and 80+ commercial tenants); Southern Highlands Realty (brokerage for community resale); Olympia Media (traditional vinyl billboard advertising in Southern Nevada); the Olympia Companies Charitable Foundation (501(c)(3) established 2001, having raised over $30M); and a WooCommerce-based e-commerce storefront distributing Inspirato luxury vacation packages at $7,000, $10,000, and $15,000 price points. Underlying technology is light: the WooCommerce platform for the vacation package e-commerce front-end and Google Maps integration supporting outdoor advertising location services; no proprietary software, AI/ML systems, or app products are disclosed. The business model derives revenue from one-time real estate lot and home sales, transactional gaming revenue across two Nevada casino properties, recurring managed-services fees from HOA and commercial property management, advertising sales on billboard inventory, and one-time/perpetual-license sales of luxury vacation packages; marketing is conducted through community events (notably the Governor's Black-Tie Invitational held for 18 years), direct relationships via in-house realty and management professionals, and the WooCommerce storefront. The company has invested over $200M in Southern Highlands alone, maintains significant land holdings in the Las Vegas area, and leverages founder-level relationships with federal and state agencies (notably the Forest Service, Bureau of Land Management, and ties from co-founder Inzalaco's prior service to U.S. Senator Dennis DeConcini) for land acquisition and exchange activity.
Olympia Companies firmographics
Firmographics- Name
- Olympia Companies
- Legal name
- Olympia Companies
- Website
- https://olympiacompanies.com
- Company type
- Private
- Founded year
- 1988
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Olympia Companies is a privately held, founder-controlled Las Vegas-based diversified real estate developer operating master-planned communities (Southern Highlands and Skye Canyon), two Nevada casinos (Casino Fandango and Legends Bay), commercial/retail properties, HOA property management, outdoor advertising, realty services, and a luxury vacation e-commerce storefront.
- Ownership category
- akta.pro rank
Olympia Companies industry classification
Industry- Product category
- Real Estate Development
- NAICS
- Real Estate Property Managers (53131), Offices of Real Estate Agents and Brokers (5312), Other Activities Related to Real Estate (531390), Management of Companies and Enterprises (551)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Agents & Managers (For Others) (6531), Services-Advertising Agencies (7311)
- akta.pro primary industry
- Association Maintenance, Vendor & Capital Project Management (BPAJAHAM)
- akta.pro secondary industries
- Office Real Estate Asset Management (BPAJAMAG), Commercial/Office Owners Association Management (BPAJAHAG)
Keywords
Where Olympia Companies is headquartered
LocationHeadquarters
- HQ city
- Las Vegas
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Olympia Companies business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Real Estate Development Sales: Development and sale of master-planned communities including residential lots, custom estate homes, and commercial retail spaces in Southern Highlands and Skye Canyon
- Gaming Operations: Casino operations at Casino Fandango (Carson City) and Legends Bay Casino (Sparks) generating revenue from gaming, food & beverage, hotel, and entertainment including the Galaxy Theatre multiplex
- Property Management Services: Olympia Management Services provides HOA and property management services to approximately 8,000 residential units and 80+ commercial tenants
- Outdoor Media/Billboard Advertising: Olympia Media operates traditional vinyl billboards on high-trafficked areas throughout Southern Nevada
- Luxury Vacation Package Sales: Sale of Inspirato luxury vacation packages through e-commerce platform
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | 3 Night Luxury Vacation Package |
| One time/ perpetual license | Pay-as-you-go | 4 Night Luxury Vacation Package |
| One time/ perpetual license | Pay-as-you-go | 7 Night Luxury Vacation Package |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels4 records
Olympia Companies product offering
Product offeringCore offering
Olympia Companies is a diversified Nevada-based real estate development corporation that develops and manages master-planned residential communities (Southern Highlands, Skye Canyon), commercial and retail shopping centers, and casino and resort properties. The company also operates property management, realty brokerage, outdoor billboard advertising, and a charitable foundation across the Las Vegas Valley and Northern Nevada.
Product overview
Olympia Companies is a diversified Nevada real estate development corporation operating multiple divisions under a unified corporate umbrella. The portfolio includes master-planned residential communities (Southern Highlands spanning 2,750 acres and Skye Canyon spanning 1,000 acres), commercial and retail properties (Southern Highlands Marketplace, Skye Canyon Marketplace, Blue Diamond Ranch Center & Plaza, Fire Station Plaza, and Southern Highlands Corporate Center), gaming operations (Casino Fandango in Carson City and Legends Bay Casino in Sparks), property management services (Olympia Management Services), realty services (Southern Highlands Realty), outdoor advertising (Olympia Media), and a charitable foundation. The company also sells Inspirato luxury vacation packages through its e-commerce platform.
Differentiator
Problem solved
Functional benefit
Brands
- Casino Fandango: Gaming property in Carson City, Nevada featuring over 700 slots, 10 table games, sports book, restaurants, hotel, and theater.
- Legends Bay Casino
- Southern Highlands
- Skye Canyon
- Southern Highlands Golf Club
- Southern Highlands Corporate Center
- Southern Highlands Marketplace
- Fire Station Plaza
- Blue Diamond Ranch Center
- Skye Canyon Marketplace
Products and services
- Southern Highlands A 2,750-acre master-planned residential community located 12 minutes southwest of the Las Vegas Strip, featuring over 20 communities, single-family homes, custom estate lots, parks, recreational facilities, retail developments, and the Southern Highlands Golf Club, planned for more than 25,000 residents.
- Skye Canyon A 1,000-acre next-generation master-planned community in Northwest Las Vegas on US Highway 95, offering entry-level to luxury neighborhoods with plans for 6,500 home sites, outdoor amenities, Skye Canyon Park, Skye Center, and Skye Fitness.
- Southern Highlands Marketplace A 190,000 sq. ft. neighborhood shopping center in the Southern Highlands community anchored by Smith's Food and Drug Center and Walgreens.
- Skye Canyon Marketplace A 250,000 sq. ft. community shopping center within the Skye Canyon master-planned community, anchored by a 120,000 sq. ft. Smith's Marketplace.
- Blue Diamond Ranch Center & Blue Diamond Plaza Joint venture multi-use projects occupying two corners at the intersection of Blue Diamond Road and Decatur Blvd, totaling 200,000 sq. ft., featuring an Albertsons supermarket, Walgreens, restaurants, and other retailers.
- Fire Station Plaza A 28,000 sq. ft. neighborhood shopping center in the Southern Highlands community featuring restaurants, shops, service providers, a daycare center, dry cleaner, coffee shop, dentist, and car wash.
- Southern Highlands Corporate Center A 72,000 sq. ft., three-story, Tuscan-inspired office building serving as the corporate headquarters for Olympia Companies.
- Casino Fandango A casino property in Carson City, Nevada featuring over 700 slot machines, 10 table games, sports book, multiple restaurants, a 100-room Courtyard by Marriott hotel, and a 10-screen Galaxy Theatre multiplex.
- Legends Bay Casino A casino located in Sparks, Nevada at the Outlets at Legends, featuring hundreds of slot and video poker games, ten table games, and the only Circa Sports sportsbook in Northern Nevada.
- Olympia Management Services
Quantifiable outcome
- 25,000+ planned residents in Southern Highlands
- +3 more outcomes
Companies that use Olympia Companies
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles5 records
Olympia Companies technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Olympia Companies partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and major.
- Southern Highlands Community AssociationcorePartnership with Southern Highlands Community Association to present community events including Back-to-School Supply Drive, Fall Festival, Memorial Day BBQ, and Winter Festival. The community association collaborates with Olympia Companies Charitable Foundation for community engagement.
- Outlets at LegendscoreLegends Bay Casino is located within the 148-acre Outlets at Legends upscale open-air shopping and entertainment destination, providing seamless walkable access to 60+ stores, restaurants, and entertainment options.
- Courtyard by Marriottmajor100-room Courtyard by Marriott hotel co-located with Casino Fandango in Carson City, providing integrated hotel and casino experience for visitors.
- Hampton Inn & Suites by Hilton and Residence Inn by MarriottmajorOver 200 rooms and suites adjacent to Legends Bay Casino at Outlets at Legends, providing integrated hotel and gaming experience for Northern Nevada visitors.
- Circa SportscoreCirca Sports operates the only sportsbook in Northern Nevada at Legends Bay Casino, offering the highest limits, best odds, and biggest contests for sports betting.
- Galaxy TheatresmajorGalaxy Theatres operates 10-screen multiplex with 2,000 seats, Real-D 3-D and luxury recliner seating at Casino Fandango, featuring high-definition screens.
Scale indicators6 records
Recent moves9 records
Expansion highlights5 records
Olympia Companies competitors and assessment
Company assessmentEmerging players
- Century Communities: U.S. homebuilder with material Las Vegas operations including entry-level and move-up product. Comparable to Olympia as a builder-partner competing within Southern Highlands and Skye Canyon.
Broad incumbents
- Boyd Gaming Corporation: Diversified casino operator with Nevada regional properties. Comparable to Olympia Gaming in multi-property Nevada operations and mid-market locals gaming segment strategy.
- Lennar Corporation: Major U.S. homebuilder with significant Las Vegas operations and active participation in master-planned community development. Comparable to Olympia's residential development arm and Skye Canyon/Southern Highlands home-site absorption.
- Toll Brothers: National luxury homebuilder with active Las Vegas market presence and operational track record in master-planned communities. Comparable as a builder-partner and luxury/move-up segment competitor within Southern Highlands and Skye Canyon.
- Station Casinos: Las Vegas-based casino operator with a portfolio of locals-focused casinos. Comparable to Olympia's Casino Fandango and Legends Bay Casino in market positioning (Nevada locals market) and operational scope.
- Red Rock Resorts (Station Casinos parent): Locals-focused Las Vegas gaming operator with the highest concentration of Las Vegas Valley casinos. Comparable to Olympia's gaming footprint and locals-customer orientation.
Direct peers
- The Howard Hughes Corporation: Owner/developer of large master-planned communities including Summerlin (Las Vegas) and The Woodlands (Texas). Directly comparable to Olympia on master-planned community development at scale, integrated retail, and long-duration land-banking.
- FirstService Residential: Largest residential property and HOA management company in North America. Directly comparable to Olympia Management Services' HOA/community management business at scale across planned communities.
- Associa: Major U.S. HOA and community association management provider. Comparable to Olympia Management Services on HOA management scale and customer base in master-planned communities.
Regional players
- Shea Homes: Long-standing Southwest homebuilder active in Las Vegas master-planned communities. Comparable as a builder-partner and direct residential competitor in Southern Highlands and Skye Canyon master plans.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Olympia Companies financial estimates
Financial estimateRevenue estimate
Valuation estimate
Olympia Companies leadership team
Management profileNumber of profiles
Profiles2 records
Olympia Companies subsidiaries and ownership
Company hierarchySubsidiaries5 records
Olympia Companies funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Olympia Companies M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Olympia Companies
What does Olympia Companies do?
Olympia Companies is a diversified Nevada-based real estate development corporation that develops and manages master-planned residential communities (Southern Highlands, Skye Canyon), commercial and retail shopping centers, and casino and resort properties. The company also operates property management, realty brokerage, outdoor billboard advertising, and a charitable foundation across the Las Vegas Valley and Northern Nevada.
Is Olympia Companies a public or private company?
Olympia Companies is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Olympia Companies founded?
Olympia Companies was founded in 1988. It employs 5,001 to 10,000 people.
Where is Olympia Companies based?
Olympia Companies is headquartered in Las Vegas, United States, in the North America region.
How does Olympia Companies make money?
Five revenue lines are on record. Real Estate Development Sales are the primary driver. The others are gaming Operations, property Management Services, outdoor Media/Billboard Advertising and luxury Vacation Package Sales.
Who are Olympia Companies's main competitors?
Century Communities is listed as an emerging player. Broad incumbents are Boyd Gaming Corporation, Lennar Corporation, Toll Brothers, Station Casinos and Red Rock Resorts (Station Casinos parent). Direct peers are The Howard Hughes Corporation, FirstService Residential and Associa. Shea Homes is listed as a regional player.
Does Olympia Companies have an API?
No public API is recorded for Olympia Companies.
What industry is Olympia Companies in?
Olympia Companies's product category is Real Estate Development. Its primary akta.pro industry code is BPAJAHAM, Association Maintenance, Vendor & Capital Project Management, with a secondary code of BPAJAMAG, Office Real Estate Asset Management. Its NAICS code is 53131 and its SIC code is 6552.