Eastside Cannery remains closed, nearly four years after the COVID-19 pandemic forced its doors, and operator Boyd Gaming has shared few public plans for the Boulder Highway site.
Security posted at the property’s driveway and property awning direct customers to Sam’s Town about a half-mile north.
Representatives for Boyd did not respond to requests for comment. The last public discussion of the property occurred in July 2022 during an earnings call with Wall Street.
“We’ve been thinking about this constantly in the context of demand,” CEO Keith Smith said in response to an analyst’s question. “At this point, our view is that we have been able to take advantage of Sam’s Town Las Vegas being located near Eastside Cannery and until we see perhaps more demand or something else that suggests we should consider reopening at Eastside Cannery, will remain closed for now.”
This position appears to continue through early 2024. Eastside Cannery’s gaming license is still active and state records show it has a temporary closure until March 30.
According to the company’s financial results, Boyd’s Las Vegas venues segment, of which Eastside is a part, reported nearly stable results in the first nine months of 2023 compared to the same period in 2022. The segment’s operating cash flow was down 1.5% year over year for the three quarters, unaudited operating results show.
The company’s full-year earnings report will be discussed during an investor call on February 8.
Boyd, the local and regional hotel-casino operator with 11 properties in the downtown and on-premises segments, acquired Eastside Cannery in December 2016. Some amenities closed several years later, and then the COVID-19 pandemic shuttered the flying in March 2020.
Around the same time, competitor Station Casinos permanently closed three of its casinos during the pandemic: Texas Station, Fiesta Rancho and Fiesta Henderson.