🎰 South Point owner Michael Gaughan still going strong in Las Vegas | Las Vegas Review-Journal

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In mid July , it was announced that Michael Gaughan would sell all of his Boyd stock to Boyd Gaming in exchange for full ownership of the South Coast.


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Crediting tax reform, South Point casino owner Michael Gaughan announced this week that he's doubling full-time bonuses for his resort's.


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Crediting tax reform, South Point casino owner Michael Gaughan announced this week that he's doubling full-time bonuses for his resort's.


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South Point Hotel Casino and Spa is owned by Gaughan South, LLC. The following ownership information is a subset of that available in the Gaming Business.


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Crediting tax reform, South Point casino owner Michael Gaughan announced this week that he's doubling full-time bonuses for his resort's.


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Michael John Gaughan is a casino owner and operator in Las Vegas, Nevada. He is the owner of the South Point Hotel, Casino & Spa. Michael is the son of Jackie Gaughan and was the owner of a NASCAR race team, South Point Racing, for which his son.


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South Point Hotel Casino and Spa is owned by Gaughan South, LLC. The following ownership information is a subset of that available in the Gaming Business.


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South Point Hotel & Casino owner Michael Gaughan discusses his decision to return to entrepreneurial operations and the intricacies of the.


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Michael John Gaughan is a casino owner and operator in Las Vegas, Nevada. He is the owner of the South Point Hotel, Casino & Spa. Michael is the son of Jackie Gaughan and was the owner of a NASCAR race team, South Point Racing, for which his son.


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south point casino owner

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Michael John Gaughan is a casino owner and operator in Las Vegas, Nevada. He is the owner of the South Point Hotel, Casino & Spa. Michael is the son of Jackie Gaughan and was the owner of a NASCAR race team, South Point Racing, for which his son.


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south point casino owner

You keep the quality of your food product up and your prices reasonable. If you operated-and survived-in downtown Las Vegas , you could survive anywhere. The Gold Coast is the exact opposite of that, while the Suncoast is about 95 percent locals. Then we built The Orleans property. It was great training for understanding local gamblers. Casino Journal logo. You also have to work with your employees. Did you use earlier models like The Orleans to help fashion the Suncoast? Tell me how we can improve. Rose Parkway and they were also working on Blue Diamond Road the two chief feeder roadways from west to east at the time. The Barbary Coast was about 90 percent tourists and 10 percent locals. Now I have the equestrian center and convention facilities. What are some of the corrective actions you took when taking back the reins? Yet, the south Las Vegas market was still a vastly underserved market in terms of casino properties. Cleanliness has always been a big factor. I have my own art-department. I got inducted into the hall of fame this year. I went to work at my first job at the Flamingo pool when I was 13 or 14 years old. What are some of the other hobbies you have away from running a casino property? I had the movie theaters. I had lanes of bowling between the properties. What happened with downtown is that the locals market has changed. I also did summers at the Vegas Club and at the El Cortez. The Orleans is about 70 percent tourist and 30 percent locals. And the biggest comment I get from people is how warm and nice it is here. I sold out to Steve and took that money and built the Barbary Coast. That will bring the total number of rooms here to about 2, We just opened up the Silverado Lounge. When I build my new offices, my art department will be right next door to me. And we changed our marketing a little bit. I let the department heads run their departments they way they need to. Downtown was a great training ground. I have 40, square feet of dirt out in back of the sports book that I can do something with. That event will be here in Las Vegas until after we got the contract extended. Las Vegas Boulevard went down to two lanes a half mile from the property. No, seriously, I decided to go out on my own at the Royal Inn Casino, which was on Convention Center Drive, but is no longer there today. I get more control that way. No, I knew the Suncoast was going to be more of a locals place. And it always did well. Well, you also have to know how to take care of local people. I also spent about five summers in the kitchens. I did that for about 27 or 28 years. And instead of two or three places, you have 13 or 14 properties downtown. The main thing I did, which I was lucky with, is that I brought a bunch of people from Coast Casinos with me. I miss having sushi at least once a month. Now, you have different areas of town where there are locals casinos. When you make changes, it takes a while to see. I spend a lot of time at the rodeo. I opened up with about rooms and we wound up adding 1, more with two additions. The Gold Coast was also the first casino property in Las Vegas to have a movie theater as an amenity. February 6, How does it feel to be back at the helm of one of your properties? Secondly, all places start slow and we had made some mistakes with marketing. But it boils down to knowing your customer and what your customer wants. I got here to Las Vegas in I had always wanted to work in the gaming business. I put a better team out here. I was still running this place-I had the five properties then. I do quite well with things like bowling. Then I dealt for a summer at the El Cortez and the Flamingo. You have to provide great service for your guests. They know what machines to play, what machines not to play.{/INSERTKEYS}{/PARAGRAPH} I have my own advertising agency…I always have. My slot machines return probably more than most casinos in town. I have bucking horses. It gave me enough to be able to go out and build the Gold Coast. You have to be able to give them what they want. I also spent a lot of time with Benny and Jack Binion, who are also great local marketers. You have to have happy employees. At one point, I was the bowling baron of Vegas. I share an office with my partner, Frank Toti. When you do things in a casino, nothing happens overnight. And in each of these areas, you have anywhere from two to four or five hotels. Local people just do not want to go onto the Las Vegas Strip. The more rooms I built, the more money I made. I probably should have spent a little more time here. That was fixed. It was there I found out about the value of rooms. The Barbary Coast was much more successful than I thought it would be, and the Gold Coast was also very successful. The first time I looked at the site, there were no roads out there-I took a helicopter in. I ski. How would you describe your leadership style? From there, how did you get into operating your first casino? We then built Suncoast, which was a huge success. My wife has cutting horses. How has the locals gambling market changed compared to say five or 10 years ago? Even before I bought the place back, it was beginning to turn around. What are some of the tips or lessons you learned from your father that have stuck with you to this day? I had the bowling alleys. How did you get your start in the casino business? What do you attribute to the successes you have had? {PARAGRAPH}{INSERTKEYS}I want to hear from you. I could spend hours in marketing and advertising. Both you and your father, Jackie Gaughan, are considered by many to be legends in the locals casino market in Las Vegas. I have 10 horses that I own in the national finals this year. You have to keep your place clean. The idea with building local casinos away from downtown, is essentially to bring the experience closer to where the customers live, correct? I do much better as an entrepreneur than I did in the corporate structure with Boyd Gaming. They want food, good slot machine percentages, good atmosphere and service.