Earlier this week I was able to tour the construction site for the property that will eventually become Circa Resort & Casino. I’m normally not a fan of hard hat tours unless the project is about to open. For sure, this is part of everything happening in Las Vegas this week.
In January we previewed plans for Circa Las Vegas. The casino being built across the street from the Golden Gate will be the first ground-up casino on Fremont Street since 1980. Circa is the brainchild of Derek Stevens, owner of The D Las Vegas and Golden Gate casinos.
We start this week’s Vegas News mentioning that The National Finals Rodeo (NFR) is in town! There will be cowboys and cowgirls all over Las Vegas for another week. The weeks after Thanksgiving and before Christmas used to be a quiet period to visit Las Vegas. The rooms were cheap and too many people didn’t visit. That’s not quite the case anymore with the rise in popularity of the NFR.
Thanksgiving week is always strange for Las Vegas. As always, it’s a great time to visit. Unfortunately, there’s not much happening behind the desks.
Before I get to the “big” Vegas News about the Resorts World plan, I must say this has been a chaotic two-week stretch with friends visiting. So many people I know visit Las Vegas for work and/or pleasure. Being able to catch up with friends and acquaintances so frequently is part of what makes living in Las Vegas so great.
There’s not much of an introduction this week. While there was lots of little Vegas News, the wasn’t much big news. Also, I’m slightly hungover because of visitors.
Quarterly casino earnings calls and reports often have information that we can use to look at the current and future state of the companies. The calls, specifically, don’t have major breaking news. This week Red Rock Resorts (AKA Station Casinos) dropped a news bomb that was news but not all that surprising. Let’s just get to it because this is probably the biggest story to hit Las Vegas during the week. Plus, we will be talking (again) about Vegas fees.
Quarterly earnings are the best and worst at the same time. They often have interesting information. The earnings calls are another level. They often have additional commentary that isn’t in the reports and press release. Let’s explore more in Vegas News.
I have a great passion for a lot of things in Las Vegas. There’s always something new happening in Las Vegas and with the companies that operate here. As you know, deciphering casino corporation earnings calls is one of my favorite ways to analyze the industry. Let’s just get to the Vegas News.
What a week! The Global Gaming Expo (G2E) was a blur. That blur sparked many memories both inside and outside of the expo itself. I’ll share thoughts on G2E another day. Let’s direct attention to the Vegas News focusing on casinos sold!