On Tuesday, I went to a small media gathering at Tuscany for the opening of the new Circa Sports location. Afterward, I saw a couple of friends from Florida for the first time in years. I saw more people in three hours than the entire year to date, and that was just the beginning. Wow, Vegas is packed.
Let’s start the weekly Vegas News roundup with a short story about a big deal. This week Las Vegas Sands (LVS) sold all of its properties (aka “Venetian Sold”) in Sin City. The company is now just “Sands” since it has no more businesses in Las Vegas. The deal happened early in the week so I’m not going to get too deep.
This week Vital Vegas tipped us off to The Linq short pouring mixed drinks. This is useful to prep for future casino visits. A few years ago I wrote about the unintended consequences of drink monitoring systems at casino bars in Las Vegas. I don’t mind the practice because I usually play fast enough to not worry about getting complimentary drinks.
We’re coming up on casino earnings season. The quarterly earnings calls and reports are useful to learn about Las Vegas casino operators. The reports allow us to look back at the quarter. This quarter will also look back at the entire year of 2002. The calls offer more commentary as the casino operators look to the future.
There aren’t too many news stories this week, so I’ll kick this off with a personal story (hint: Cosmopolitan Vegas). Last week I spent a night at Circa to check out the hotel rooms and Legacy Club. I really enjoyed the day and night at the property. I love spending time in shiny new casinos, so that was a pleasure.