New film studio could boost Las Vegas production
A new film and TV facility has opened in Las Vegas, Nevada, and is described as the south-west state’s first full-service production studio.
Caesars Entertainment Studios is owned by casino management company Caesars Entertainment Corporation and offers more than 48,000 sq ft of production space for movies and TV shoots.
“Given our long-standing relationship with the entertainment industry, the studio's close proximity to the famed Las Vegas strip, as well as its state-of-the-art infrastructure, the opportunity to open Caesars Entertainment Studios makes perfect business sense,” said Jason Gastwirth, senior vice-president of marketing and entertainment for Caesars Entertainment Corporation.
“We saw an opportunity to do something that's never been done in Nevada and we're confident that production companies will see the value our space provides.”
Las Vegas is an iconic story setting but is not known as a production hub, mainly because of Nevada’s limited filming incentive support. The state offers a base 15% filming tax credit but this is capped at $6m per production and the entire fund is worth a relatively low $10m a year.
Many of the major hotels and entertainment complexes in Las Vegas in fact offer their own bespoke production support in exchange for their use as filming locations.
Films and TV shows set in Las Vegas often film a few days of exteriors in the city before relocating elsewhere in the US.
There have been high-profile exceptions in recent years, with the team behind Paul Greengrass’ action sequel Jason Bourne spending three months in the city planning and filming a dramatic car chase up the length of the Strip.