This is another big week for news in Las Vegas but I want to begin with something you can only do today in Las Vegas. First of all, you’re living life right if you’re on vacation and reading this to start your day.
It’s been over a year since the announcement but you can finally start to see the vision MGM Resorts International has for the conversion of Monte Carlo to Park MGM. This is really just the beginning of the future.
It’s ZorkFest weekend and we’re all in Atlantic City! I’m skipping a Pai Gow session at Bally’s right now so I can gather any interesting news from Las Vegas that I can find. Writing about Las Vegas is fun but it’s, even more, fun when there’s a casino 30 seconds away.
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Construction work at Monte Carlo is more of a burden on the company than they expected. The place was a wreck when I visited a few weeks ago. There are curtains and construction work being done everywhere. Monte Carlo is dragging down overall performance of the company. That said, it’s onward and upward.
There was so much news in Las Vegas last week that I really don’t know where to start. There weren’t any bombshells but there was a lot of interesting tidbits. I’ll try to keep the analysis somewhat brief so I can get to most of the news.
This will be an abbreviated version of news this week for the holiday. Marc needs to party too! Let’s get to it. The big news this week is that SLS Las Vegas was sold by Stockbridge to the Meruelo Group. According to the Las Vegas Review-Journal, the deal should become official by the third quarter.