Here’s a preview of Fontainebleau. The casino floor looks great, and I can’t wait to check it out. Jonathan Halkyard, MGM Resorts CFO, recently spoke at the Leveraged Finance Conference. He mostly discussed how the Las Vegas Grand Prix weekend went from one of the slowest of the year to the “highest-grossing weekend in hotel revenue in the history of the company.” 

Even the “worst” Las Vegas casino hotels are nicer than some accommodations around the country. Las Vegas Bargain Hotels…

MGM Resorts released earnings last week. I listen to the (casino earnings) calls because they usually offer some context to the financials in the reports.

Ahhh…the memories. — Mandalay Bay Las Vegas

It doesn’t take much for me to remember amazing moments in Las Vegas.

Sportsbook Tom kicked up a variety of memories with this video of walking into the Mandalay Bay sportsbook.

I couldn’t make it to Zorkfest this year, but by all accounts, it sounds like the conference was a success. If you’re a super early planner, you can plan for Zorkfest 2024 to take place from Nov. 1- Nov. 3. 

Since we skipped Vegas News last week, there’s a ton of information to get to from the past few weeks. Let’s get right to it.

Here’s a dramatic statement that may or may not be true. The current disruptions are a sign of things to come in Las Vegas. Are You Cancelling Or Rescheduling Trips To Las Vegas?

This week Fontainebleau Las Vegas announced the massive blue casino resort on the north end of the Vegas Strip will finally open on December 13th. This has been a long time coming. Construction on Fontainebleau started in 2007.

You may have heard that Caesars and MGM Resorts were both hacked. Caesars has divulged a lot of information in its 8-K filing to the Security and Exchange Committee.

Last week we shared previews of new Las Vegas hotel rooms at Fontainebleau, MGM Grand, and Rio. Soon we’ll see the rooms that will be available when Station Casinos’ Durango Resort opens in November.

This is an extended Labor Day Weekend edition of Vegas News. Getting ready for lots of info from the past couple of weeks. It’s a good thing many of you have a long weekend.

The response to The Cosmopolitan becoming an MGM Rewards property has been mixed. Surprisingly the split is about even between positive and negative. As you’ll see in a few seconds, I fall under the latter category.

The big news was from MGM was released a day before earnings. The Cosmopolitan will become an MGM Rewards property on Feb. 1, 2024.