In November 2001, Coast Resorts (later Coast Casinos) announced that it had acquired a 50-acre parcel in the southern Las Vegas Valley. It is also the sponsor of the South Point 400 stock car race. The resort has an equestrian and events center, and was the namesake for Gaughan's NASCAR team, South Point Racing. A third tower was opened in 2008, and further expansion took place in 2010, adding new restaurants and additional casino space. The resort struggled early on, and Gaughan took over ownership from Boyd in October 2006, renaming it the South Point. A second hotel tower opened the following year. It opened on December 22, 2005, and included an 80,000 sq ft (7,400 m 2) casino and 652 rooms. The South Coast was built at a cost of $625 million. Coast Casinos was subsequently merged with Boyd Gaming. It includes a 137,232 sq ft (12,749.3 m 2) casino and a 25-story hotel with 2,163 rooms.Ĭoast Casinos purchased the site in 2001, and announced the South Coast project in April 2003. It is owned and operated by Michael Gaughan, the founder of Coast Casinos. South Point Hotel, Casino & Spa (formerly South Coast) is a resort located along Las Vegas Boulevard in Enterprise, Nevada, south of the Las Vegas Strip.

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