Locals Want Shuttered San Francisco Mall to Become a Casino or Sphere

  • The San Francisco Centre mall is closing for good on Monday.
  • A poll indicates some residents would like to see the property turned into a casino or Sphere.
  • Most want it converted to an entertainment or housing.

The San Francisco Centre mall, previously that city’s largest shopping venue, is closing permanently on Monday and area residents have some ideas about what the property’s future should hold. Perhaps surprisingly, some say a casino or another iteration of the Las Vegas Sphere are desirable.

San Francisco Centre Closed Stores
San Francisco Centre mall. Some locals would like to see the property converted into a casino or Sphere. (Image: Getty)

To be sure, a recent poll on the issue conducted by The San Francisco Chronicle indicates 40% of those queried would like to see the shuttered shopping property turned into an entertainment venue while 30% say it should be converted into housing — a practical idea given the city’s housing needs.

Some respondents said housing should be the priority while others said the property could be used as a new campus for San Francisco State University. The option of turning the once iconic mall into pickleball courts finished last, according to the newspaper.

San Francisco Centre is closing due to years of declining foot traffic, resulting in the loss of several marquee tenants.

A San Francisco Sphere?

Sphere Entertainment, the operator of the Las Vegas Sphere, is in expansion mode. It recently announced a plan to bring a “mini Sphere” to the area near MGM National Harbor in Maryland and in 2024, the company unveiled a pitch for a similar structure in Abu Dhabi.

The combined population of San Francisco, San Jose, and Oakland is more than 2.2 people, confirming the city by the bay is a desirable location for another Sphere, but the company hasn’t publicly said San Francisco is on its radar. Likewise, city officials haven’t signaled they’re on board with the idea.

There are other factors that may signal a Sphere in San Francisco is a far-flung concept. First, some cities are resistant to Sphere expansion overtures, declining to add the immersive entertainment venue due to lighting and noise issues.

Second, not only could San Francisco fall into the camp, but the city is also notoriously difficult in which to get approvals for new construction.

San Francisco Casino Would Be Attractive, But…

The idea of a casino in San Francisco could be intriguing from a revenue-generating standpoint. For example, Wynn Resorts’ Encore Boston Harbor and MGM Resorts International’s National Harbor — two gaming venues located near major urban areas — are two of the highest-grossing regional casinos in the US.

Still, it’d be a matter of getting city officials and residents on board with the idea and that’s not an easy task. San Francisco isn’t known as a gaming mecca, though there was some momentum in the late 1980s to turn Alcatraz Island into a gaming venue, but that idea didn’t gain enough support because the National Parks Service, which maintains the property, said it’d be a bad look to have a casino on federally maintained land.

All forms of gaming expansion in California run through the state’s tribal casino operators, meaning that if a casino comes to life in San Francisco, it’d be controlled by one of those entities.

Todd Shriber
Todd Shriber Financial Reporter

Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org.

Todd got his start in financial markets as a reporter with Bloomberg News. Later, he became a trader at a Southern California-based long/short hedge fund, where he specialized in the trading sector and international ETFs leading up to and during the financial crisis. He joined Casino.org in 2019.

Currently, Todd analyzes, researches, and writes on ETFs for various web-based publications and financial services firms. Shriber has been featured and quoted in Barron's, CNBC.com, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com.

He currently resides in Las Vegas, where he enjoys golf and taking his black lab to the dog park. He's also an avid sports fan and likes to wager on college football and the NBA. You can also find him at the three-card poker and roulette table, even though he knows better.

Contact Todd at todd.shriber@casino.org.

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  • D
    David January 26, 2026
    If it ever did happen, the casinos would be sued over and over and over again for keeping the homeless drug addicts off property.
    Reply
  • GN
    Gavin Newsom January 25, 2026
    Well, commercial casinos are not legal in California. We only allow Native American casinos on tribal land. So there is no way this will become… Well, commercial casinos are not legal in California. We only allow Native American casinos on tribal land. So there is no way this will become a casino. Also, there is not enough space there for it to become an integrated resort. A Sphere could be an option. It could be a museum. There are some good options.
    Reply

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