Most casino operators in Las Vegas prefer to have a revenue split close to MGM than Caesars. In fact, Caesars wants to have a revenue split closer to MGM Resorts. The two casino operators have different approaches to their companies. MGM Resorts is expanding with new casinos and a massive profit growth plan. Meanwhile, Caesars Entertainment is looking elsewhere to generate revenue.
It’s a very special holiday edition of Vegas News! Since I’m writing this during one of the holidays, there will be a little less opinion and observation than usual.
Happy Sunday! I hope your Thanksgiving weekend was as good as mine. Since the week was short, that means we’ll have less news than normal.
As expected last week was a busy news period for Las Vegas. Even if it wasn’t blatant, the Global Gaming Expo (G2E) was the catalyst for a lot of what we learned about casinos during the week. There are a lot of places I could start but I think MGM Resorts is a good place.
With all the growth, luxury and attention splurged on the Strip, we shouldn’t fail to forget there are a few
I don’t know about you, but one of the best feelings I’ve had in Las Vegas was seeing all of the slot machines as soon as I walked off the airplane at McCarran Airport. Most of the slot machines just sat there quietly. However, there was one slot machine that would actually greet the visitors. The chants of “Wheel. Of. Fortune” would be ingrained in my head before even getting to the baggage carousel.
Ahhhh…The summer is unofficially over. Labor Day weekend is the beginning of the end of summer for tourist season. The
But with MGM’s complete acquisition of Borgata Atlantic City from Boyd we here at TZ were left pondering what exactly would happen when it came to Mlife..
Despite not having a major presence in Atlantic City, MGM has always owned a stake in the Borgata, a collaborative
Somehow MGM Resorts International pushed all other happenings in Las Vegas out of the picture and once again dominate the news cycle.