The day is finally here! MGM Resorts is finally selling The Mirage. + lots of casino earnings news and scoop!
Vegas Hotel Rates On The Rise, Spun Out Of Control, Mirage May Finally Get Sold, and all the Vegas News and Scoop for your week.
Las Vegas has been the amazing destination people remember this weekend. The Venetian sale is expected to close in the first quarter of 2022. Plus all the Vegas News…
Earnings season is upon us and casino corporations are dropping news on a regular basis. Bad rumors about Circa. Plus all the Vegas News and casino scoop for the week!
The Vegas News for me this week started mostly with the Global Gaming Expo (G2E). As expected it was smaller than usual with fewer small and international gaming operators. There was also a lack of food and beverage providers, entertainers and other random non-gaming companies showing off their goods and services for casinos to buy.
This week the US finally announced it was lifting some international travel restrictions in November. Visitors from countries in the European Union, China, and more will be able to visit Las Vegas once again. You can read more from the NY Times if you’re curious about specifics.
NAB (National Association of Broadcasters) Show was canceled earlier this week. It will return to Las Vegas next April. The cancellation of the broadcasting expo wasn’t much of a surprise, even if it is considered a “big” Vegas Cancellation. Sony and a couple of other large companies had already pulled out of the expo.
Vegas News August 15, 2021 Vegas COVID-19 Update Let’s start with the number one topic I’m asked about every week.
This week Caesars Entertainment, MGM Resorts, and Wynn Resorts reported earnings. This provides a lot of insight into Vegas Casino Earnings for 2021. Much like Station Casinos and Boyd Gaming earnings last week, there was a similar theme with the earnings calls. Casino corporations have learned how to effectively operate with a smaller staff and fewer amenities for guests.
As expected a couple of weeks ago, you once again have to wear a mask (“Mask Up Vegas”) when indoors in Las Vegas. This mandate is for everyone – vaccinated and unvaccinated people. There’s no timeframe on how long this will last. I’d rather spend my time talking about a new casino, earnings, new slot machines so I’m going to move on.
Advertisement - Privacy and Cookie Policy Disclosure