Downtown Grand Las Vegas

What Downtown Grand Las Vegas does

Downtown Grand Hotel & Casino is a contemporary boutique hotel and casino located at 206 N. 3rd Street in downtown Las Vegas, immediately adjacent to the Fremont Street Experience. Founded in 2013 and operated by Fifth Street Gaming, the property offers overnight accommodations across three room towers (Gallery Tower, Grand Tower, and Casino Tower), a casino floor with table games and slots, multiple food-and-beverage outlets including Triple George Grill and several bars, the Citrus Grand Pool Deck, and event space through the 3rd Street venue.

The property's product surface has been progressively built out over the past several years through capital projects such as the Gallery Tower's augmented reality 'Transmigrations' guest experience, the Citrus Grand Pool Deck, and the 3rd Street indoor/outdoor event venue. Operational technology is anchored by standard hospitality systems (PMS, POS) and a Caesars Sportsbook retail location operating as the first Caesars-branded sportsbook in downtown Las Vegas. The property is also a member of Preferred Hotels & Resorts' Iprefer soft-brand network, providing external distribution into the international luxury travel market.

Downtown Grand monetizes through a diversified set of B2C and B2B revenue streams: hotel room nights (rack, promotional, group, and Iprefer-sourced bookings), casino gaming win, food and beverage covers, sportsbook handle and fees, pool/daylife admissions, and event venue rentals. The customer base is broadly distributed across leisure tourists, regional gaming visitors, walk-in Fremont Street foot traffic, corporate groups, and social event planners. The company employs between 501 and 1,000 people and is privately held under Fifth Street Gaming, with no public revenue disclosure.

Name

Downtown Grand Las Vegas

Legal name

Downtown Grand Hotel & Casino

Website

https://downtowngrand.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Downtown Grand Hotel & Casino is a contemporary boutique hotel and casino in downtown Las Vegas, founded in 2013 and operated by Fifth Street Gaming. It serves leisure tourists, casino patrons, corporate groups, and event planners with accommodations, gaming, dining, sports betting, and event venues adjacent to the Fremont Street Experience.

Ownership category

akta.pro rank

Product category

Hotel & Casino Hospitality

NAICS

Casino Hotels (721120)

SIC

Hotels & Motels (7011), Services-Amusement & Recreation Services (7900)

akta.pro primary industry

Integrated Casino Resorts (THAGAJAA)

akta.pro secondary industries

Urban Casino Hotels (THAGAJAB), Boutique & Lifestyle Casino Hotels (THAGAJAH)

Keywords

• Hotel accommodations
• Casino gaming
• Food and beverage
• Event venues
• Sports betting

Headquarters

HQ city

Las Vegas

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain, Others

Revenue model

1. Hotel Accommodations: Room rentals across Gallery Tower, Grand Tower, and Casino Tower with various room categories from standard rooms to penthouse suites. Revenue generated from nightly rates with seasonal pricing variations.
2. Casino Operations: Gaming revenue from slot machines, table games (Blackjack, Roulette, Craps, Texas Hold'em, 3-Card Poker), video poker, Keno, and sports betting via Caesars Sportsbook. Table games operate 24/7 on weekends with varying hours.
3. Food & Beverage: Revenue from 4 restaurants (Triple George Grill, Hot n Juicy, Pizza Rock, Freedom Beat) and 4 bars (Citrus Rooftop Pool, Art Bar, Furnace, others) serving various cuisines and price points.
4. Venues & Events: Rental revenue from event spaces including 3rd Street (22,000 sq ft, up to 4,000 guests), Fremont Room (2,500 sq ft, 166 guests), Citrus Grand Pool Deck (35,000 sq ft), Triple George Patio, and Grand Room. Used for weddings, meetings, concerts, and private dining.
5. Ancillary Services: Pool cabana rentals, spa services, golf package bookings through partner Tee Times USA, and retail services. Also includes pet fees and parking validation revenue.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

Downtown Grand operates a contemporary boutique hotel and casino complex in downtown Las Vegas at 206 N. 3rd St. The property offers guest rooms and suites across Gallery Tower, Grand Tower, and Casino Tower, a casino floor with table games, slots, video poker, Keno, and an on-site Caesars Sportsbook, multiple restaurants and bars, a 35,000+ sq ft rooftop pool deck, and event venues for groups, weddings, and meetings. Revenue is generated from room rentals, gaming, food and beverage, venue rentals, and ancillary services including pool cabanas and golf package bookings.

Product overview

Downtown Grand Hotel & Casino is a contemporary boutique hotel and casino complex in downtown Las Vegas offering integrated hospitality services. The property features two distinct accommodation towers—Gallery Tower with ultramodern boutique-style rooms featuring augmented reality experiences, and the Casino & Grand Tower with classic accommodations and skyline views. The gaming portfolio includes table games (Blackjack, Roulette, Craps, Texas Hold 'Em, 3-Card Poker), slots and video poker machines, the Caesars Sportsbook for sports wagering, the unique Huff N' Puff Wolf Den, and Keno Progressive machines. Dining options span Triple George Grill (award-winning steakhouse), Pizza Rock (by pizza champion Tony Gemignani), Hot N Juicy Crawfish (Cajun seafood), Art Bar (coffee bar with local art), Furnace Bar (24/7 casino bar), Freedom Beat (American cuisine with live music), and Citrus Rooftop Bar/Pool. Event venues include 3rd Street (22,000 sq ft outdoor space for 4,000 guests), Fremont Room (2,500 sq ft for 166 guests), Grand Room (1,124 sq ft for 86 guests), and the 35,000+ sq ft Citrus Grand Pool Deck for 1,596 guests. The Grand Rewards loyalty program ties together casino, hotel, and dining experiences, while golf packages and Las Vegas Lights FC sponsorship extend the offering beyond the property.

Differentiator

Problem solved

Functional benefit

Products and services

• Gallery Tower Rooms & Suites
• Casino & Grand Tower Rooms & Suites
• Citrus Grand Pool Deck
• Table Games
• Slots & Video Poker
• Caesars Sportsbook
• Huff N' Puff Wolf Den
• Keno Progressive
• Triple George Grill
• Pizza Rock
• Hot N Juicy Crawfish
• Art Bar
• Furnace Bar
• Freedom Beat
• Citrus Rooftop Bar
• Grand Rewards Loyalty Program
• 3rd Street Venue
• Fremont Room
• Grand Room

Quantifiable outcome

• Best Hotel Pool in Las Vegas - Las Vegas Review-Journal award winner for Citrus Rooftop Pool
• +1 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Las Vegas Lights FCcoreGTM or Marketing Partner · 1 January 2025Official sponsor of USL Championship soccer team. Partnership includes Dine & Shine Bright promotions during home matches ($3 chicken tacos, Dos Equis at Lucky's, tequila flights at Freedom Beat), Home Turf Advantage promo (free kids meals when team scores), and gameday events including watch parties and poolside viewings.
• Tee Times USAminorStrategic or Co-development PartnerGolf booking partner for Las Vegas golf packages. Tee Times USA assists with booking championship courses throughout Las Vegas. Contact: 702.804.6461 or [email protected].
• Mob MuseumminorGTM or Marketing PartnerBOGO Free Mob Museum tickets included with hotel booking perks. Located across from hotel at 300 Stewart Ave, 2-minute walk. Museum offers organized crime history exhibits in historic courthouse.
• Caesars SportsbookcoreTechnology or IntegrationFirst Caesars Sportsbook location in downtown Las Vegas. Features 3 betting windows, self-service kiosks, massive LED TV viewing wall, and full wagering menu. New member offer matches first bet up to $50 as bonus bet.
• Preferred Hotels & Resorts (Iprefer)minorChannel Partner/ Reseller/ DistributorParticipating member of Preferred Hotels & Resorts Iprefer loyalty program. Members can earn and redeem points at Downtown Grand with 10% off member rates available.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Binion's Gambling Hall & Hotel: Downtown Las Vegas casino hotel with hotel rooms, table games, and dining on Fremont Street. Comparable on integrated casino-hotel operations serving downtown leisure customers, though smaller in scale.
• The D Las Vegas: Downtown Las Vegas casino hotel on Fremont Street featuring contemporary rooms, table games, and an attached sportsbook (Circa Sports). Closest direct competitor in downtown positioning, scale, and modernized product offering.
• Fremont Hotel & Casino: Downtown Las Vegas casino hotel operated by Boyd Gaming on Fremont Street with rooms, casino floor, and F&B. Direct comparable on geography, customer mix (downtown value tourists), and integrated operating model.
• Golden Nugget Las Vegas: Downtown Las Vegas casino hotel on Fremont Street with hotel rooms, full casino floor, multiple restaurants, and event venues. Direct comparable on geography, customer base (downtown gaming + leisure tourists), and integrated casino-resort business model.
• El Cortez Hotel & Casino: Historic downtown Las Vegas hotel and casino with boutique-style rooms, table games, and a sportsbook. Comparable on the downtown Las Vegas integrated casino-hotel model, with a more value-oriented positioning.
• Circa Resort & Casino: Newest large-scale integrated casino resort in downtown Las Vegas, opened 2020, with multiple hotel towers, a rooftop pool experience (Stadium Swim), full casino, and sportsbook. Direct competitor for downtown leisure, group, and sportsbook customers.
• Plaza Hotel & Casino: Downtown Las Vegas hotel and casino at the end of Fremont Street with multiple towers, a rooftop pool deck, and casino. Direct competitor in the downtown integrated-resort segment, with comparable room count and amenities.
• Four Queens Hotel & Casino: Mid-scale downtown Las Vegas casino hotel on Fremont Street with hotel rooms, table games, slots, and multiple F&B outlets. Comparable on integrated casino-hotel model serving value-oriented downtown visitors.

Broad incumbents

• Caesars Palace: Strip flagship integrated casino resort of Caesars Entertainment, the brand partner behind Downtown Grand's on-property Caesars Sportsbook. Comparable on integrated casino-hotel-resort model, though at substantially larger scale and with much broader customer reach through Caesars Rewards.
• The Cosmopolitan of Las Vegas: Las Vegas Strip integrated resort with contemporary boutique-style rooms, multiple restaurants and bars, a casino floor, and event venues. Comparable on contemporary positioning and amenity mix, though at much larger scale and primarily Strip-driven demand.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/downtowngrandlv
• Facebookfacebook.com/downtowngrandlv
• Instagraminstagram.com/downtown_grand
• LinkedInlinkedin.com/company/downtown-grand-las-vegas

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Downtown Grand Las Vegas