The STRAT Hotel, Casino & SkyPod

What The STRAT Hotel, Casino & SkyPod does

The STRAT Hotel, Casino & SkyPod is a vertically integrated Las Vegas Strip resort operated by Golden Entertainment (NASDAQ: GAME) at 2000 Las Vegas Blvd. S, originally opened in 1996 as Stratosphere Las Vegas, acquired by Golden Entertainment in 2017, and rebranded to The STRAT in 2020. Its defining asset is a 1,149-foot freestanding observation tower, the tallest of its kind in the United States, which supports a layered stack of differentiated attractions: the revolving Top of the World fine-dining restaurant on the 106th floor (27 consecutive years of Wine Spectator Award of Excellence), Big Shot and X-Scream thrill rides at extreme altitudes, a Guinness World Record-holding SkyJump controlled-descent experience (829 feet, 500,000+ jumps to date), observation decks, and the Chapel in the Clouds wedding venue, the only Las Vegas wedding venue at 800+ feet elevation.

Revenue is generated across seven discrete streams: hotel accommodations (newly remodeled standard rooms at 320-340 sq ft from approximately $69/night and suites of 574-1,097 sq ft from $129/night); an 80,000-square-foot casino floor with 784 slot machines and 31 table games (craps, blackjack, roulette, baccarat) plus an integrated William Hill sportsbook; multiple F&B outlets from Top of the World through CHĪ Asian Kitchen, PT's Wings & Sports, McCall's Heartland Grill, STRAT Café, and tower-level 108 Eats/108 Drinks; ticketed entertainment (ROUGE adult production show, L.A. Comedy Club); group events in 25,000 sq ft of function space (20-2,000 guests); weddings and proposals with packages from $400 to $4,525; and tower attractions (observation deck, thrill rides, SkyJump at $139.99-$169.99). The property is part of Golden Entertainment's True Rewards loyalty program spanning ten Nevada casinos, and adds a STRAT True Locals overlay for Nevada residents within 50 miles. Distribution combines direct website/phone bookings, third-party OTAs, OpenTable restaurant reservations, ticket platforms, casino host management for high-value players, and dedicated sales for weddings, groups, and private dining. Adjacent to the main property, the 100,000 sq ft Atomic Golf venue extends the entertainment footprint with capacity for over 2,000 guests.

Name

The STRAT Hotel, Casino & SkyPod

Legal name

The STRAT Hotel, Casino & Tower

Website

https://thestrat.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

101–250 employees

Short description

The STRAT Hotel, Casino & SkyPod is a Las Vegas Strip resort operated by Golden Entertainment, anchored by a 1,149-foot observation tower with gaming, hotel, dining, thrill rides, SkyJump, weddings, and entertainment venues serving leisure travelers, locals, corporate groups, and gaming customers.

Ownership category

akta.pro rank

Product category

Casino and Hotel 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

Integrated Casino Resorts (Casino + Hotel/Entertainment) (MPAEAAAA), Destination Casino Hotels (THAGAJAC)

Keywords

• Hotel accommodation
• Casino gaming
• Resort entertainment
• Observation deck
• Dining and nightlife

Headquarters

HQ city

Las Vegas

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Hotel Accommodations: Revenue from newly remodeled hotel rooms and suites ranging from standard rooms (320-340 sq ft) to luxury suites (up to 1,097 sq ft). Direct bookings via website and phone, plus OTA distribution.
2. Casino Gaming: 80,000-square-foot casino with 784 slot machines and 31 table games including craps, blackjack, roulette, baccarat. Revenue from gaming wins plus casino credit services.
3. Fine Dining - Top of the World: Award-winning rotating restaurant at 800+ feet featuring steaks, seafood, and international cuisine. Requires $55 minimum food purchase per guest. Generates corkage fees ($50/bottle).
4. Tower Attractions: Revenue from observation deck admission, thrill rides (Big Shot, X-Scream), and SkyJump experiences. SkyJump priced at $139.99-$169.99 per jump depending on day of week.
5. Entertainment Shows: ROUGE adult production show (tickets from $83.93) and L.A. Comedy Club featuring national headlining comedians. Nightly shows with multiple performance times.
6. Group Events & Weddings: Private events, corporate meetings (25,000 sq ft function space), weddings in Chapel in the Clouds, and reception venues. Catering, banquet services, and event planning.
7. Special Offers & Packages: Various promotional packages including STRAT Summer of Value, Guys Getaway, Let's Go Girls!, Fabulous Football All-in Package, and direct booking incentives ($25 F&B credit per day).

Pricing tiers

Go-to-market motion1 record

Distribution channels10 records

Marketing channels11 records

Core offering

The STRAT Hotel, Casino & SkyPod operates a Las Vegas Strip resort featuring hotel rooms and suites, a casino with slots and table games, restaurants and bars, live entertainment venues, and the SkyPod observation deck with thrill rides. The property integrates lodging, gaming, dining, and attractions into a single destination experience for tourists and visitors.

Product overview

The STRAT Hotel, Casino & SkyPod (operating as The STRAT Hotel, Casino & Tower) is a resort destination on the Las Vegas Strip featuring a vertically integrated portfolio of hospitality offerings. The property centers on a 1,149-foot observation tower (the tallest freestanding tower in the United States) housing the award-winning Top of the World revolving restaurant, observation decks, SkyJump attraction, and thrill rides (Big Shot, X-Scream). Accommodations include newly remodeled standard rooms and suites across multiple categories. The 80,000-square-foot casino offers 784 slot machines, 31 gaming tables, and an integrated William Hill Sports Book. Dining venues span fine dining (Top of the World), Asian cuisine (CHĪ Asian Kitchen), casual fare (PT's Wings & Sports, McCall's, STRAT Café), quick bites, and tower-level food/beverage (108 Eats, 108 Drinks). Entertainment includes the ROUGE adult production show, L.A. Comedy Club, multiple bars/lounges, pool venues (Swim & Social, WET24), and Atomic Golf (adjacent 100,000 sq ft golf entertainment complex). Event capabilities include Chapel in the Clouds weddings, 25,000 sq ft of meeting space, and private dining across tower venues. The loyalty ecosystem comprises True Rewards (multi-property program) and STRAT True Locals (locals-specific benefits). The property operates as part of Golden Entertainment's portfolio of gaming and hospitality assets.

Differentiator

Problem solved

Functional benefit

Brands

• Top of the World: Award-winning revolving restaurant located on the 106th floor, serving international cuisine and steaks with 360-degree views of Las Vegas.
• True Rewards
• Chapel in the Clouds
• SkyJump
• Atomic Golf

Products and services

• Hotel Rooms and Suites
• Casino Gaming Floor On-site casino offering slot machines and table games for resort guests and walk-in visitors.
• SkyPod Observation Deck and Thrill Rides Top-of-tower observation deck offering panoramic views of the Las Vegas Strip and valley, along with thrill rides such as the Big Shot, Insanity, and X-Scream. Open to resort guests and the general public via paid admission.
• Restaurants and Bars Multiple on-site restaurants, buffets, and bars offering casual and fine dining, as well as nightlife venues for resort guests and visitors.
• Live Entertainment Venues On-site performance and entertainment venues offering live shows and events for resort guests and visitors.

Quantifiable outcome

• 27 consecutive years of Wine Spectator Award of Excellence for Top of the World restaurant
• +7 more outcomes

Named customers14 records

Segments6 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature4 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Golden EntertainmentcoreOthersGolden Entertainment is the parent company and operator of The STRAT Hotel, Casino & Tower. The property is part of a portfolio of 10 casino properties across Nevada operated by Golden Entertainment, sharing the True Rewards loyalty program across all locations.
• OpenTablecoreTechnology or IntegrationRestaurant reservation platform integration for Top of the World, CHĪ Asian Kitchen, PT's Wings & Sports, McCall's, and other dining venues. Enables online table reservations through OpenTable's booking system.
• Wine SpectatorminorOthersAward recognition program. Top of the World restaurant has received the Wine Spectator Award of Excellence for 27 consecutive years, recognizing the restaurant's outstanding wine program.
• William HillcoreTechnology or IntegrationWilliam Hill Sports Book operates within The STRAT casino, providing sports wagering services with multiple widescreens, LED walls, and the country's most expansive wagering menu. The sports book features approximately 39 feed sources.
• UberminorOthersUber rideshare services available 24/7 with dedicated pick-up/drop-off location conveniently centrally located providing quick access to the main casino floor.
• LyftminorOthersLyft rideshare services available 24/7 with dedicated pick-up/drop-off location. STRAT True Locals receive Lyft rideshare credits based on loyalty tier.
• TripAdvisorminorOthersThe STRAT Tower received TripAdvisor's Travelers' Choice Award 2021, recognizing it as being in the top 10% of attractions worldwide based on traveler reviews.
• GrubhubminorChannel Partner/ Reseller/ DistributorFood delivery and carryout service for CHĪ Asian Kitchen and Nunzio's Pizzeria, enabling guests to order food for pickup or delivery through the Grubhub platform.
• TechnogymminorOthersFitness equipment provider for The STRAT's newly remodeled fitness center. Features state-of-the-art equipment including treadmills, stationary bikes, climbers, arm and leg machines, free weights, kettlebells, plyo boxes, ropes, and TRX X-Mount.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Excalibur Hotel & Casino: Mid-tier Strip casino resort operated by MGM Resorts with themed attractions, broad F&B and entertainment offerings, and similar value-pricing positioning to The STRAT.
• Luxor Las Vegas: Iconic themed mid-tier Strip resort with distinctive tower architecture, casino, multiple restaurants, and entertainment venues — directly comparable to The STRAT's vertically integrated lodging + attractions model.
• The LINQ Hotel + Experience: Strip casino hotel with a high-altitude attraction (the High Roller observation wheel) and integrated entertainment, dining, and pool venues — comparable mix of lodging plus a signature attraction.
• Resorts World Las Vegas: Newer integrated Strip resort combining hotel, casino, F&B, entertainment, and convention space. Comparable vertically integrated resort model, although at a premium tier.
• Golden Nugget Las Vegas: Downtown Las Vegas integrated casino hotel offering gaming, dining, entertainment, and pool amenities. Comparable in scale and in offering a complete entertainment experience under one roof at a more value-oriented price point than premium Strip properties.
• Circus Circus Hotel & Casino: Mid-tier Las Vegas Strip casino hotel located on the North Strip. Closest comparable to The STRAT in terms of positioning, value-oriented pricing, family-friendly amenities, and being outside the central Strip cluster.

Regional players

• Mohegan Sun: Regional integrated casino resort with hotel, multiple restaurants, entertainment venues, and casino gaming. Comparable vertically integrated model operating outside the Las Vegas market.
• Atlantis Paradise Island: Bahamas integrated resort combining hotel, casino, multiple dining venues, water-based attractions, and entertainment under one property — comparable integrated destination resort model with a signature attraction (aquarium/water park) anchoring demand.

Broad incumbents

• MGM Resorts International: Parent of multiple Strip casino hotels including Excalibur, Luxor, Bellagio, MGM Grand. Operates True Rewards-style loyalty programs at scale and competes with Golden Entertainment for both gaming customers and group events.
• Caesars Entertainment: Operator of the largest Strip portfolio (Caesars Palace, The LINQ, Harrah's, etc.) and Caesars Rewards loyalty program. Competes directly with The STRAT for mid-tier and group/convention customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/stratvegas
• YouTubeyoutube.com/STRATVegas
• Facebookfacebook.com/STRATvegas
• Instagraminstagram.com/stratvegas

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

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 The STRAT Hotel, Casino & SkyPod