New development stopped for awhile with the great recession of 2008. The downturn and recovery of Las Vegas Las Vegas has always been vibrant, resilient, and able to reinvent itself when needed. Known most recently as La Bayou, the casino closed along with Mermaids and Girls of Glitter Gulch on Jto make way for a new casino under development from relative newcomers, Derek and Greg Stevens, owners of D Las Vegas (formerly Fitzgerald's) the Downtown Las Vegas Events Center (DLV) and other downtown properties.

The first licensed casino in Las Vegas opened at 15 Fremont Street in 1936 as the Northern Club. Las Vegas is the most visited place on the planet. The evolution from the 'Glitter Gulch' (Downtown) of old, to the themed resorts of the Las Vegas Strip, and now as the destination of over 40 million gamblers and fun-seekers each year, Las Vegas still sets the trends and changes with the times as it needs to. Las Vegas was the world's first international gambling hub and still maintains its place as the world's gambling and entertainment center. Betting on sports futures, props and lay bets.