Vegas News 11 August 2019 | Casino Earnings, Cat Cafe and Lots Of Beer!
August 11, 2019 Marc

Vegas News | Casino Earnings, Cat Cafe and Lots Of Beer!

This week in Vegas news was dominated by casino operators reporting earnings. Sometimes these calls offer insight into future plans for the businesses. Other times these casino earnings calls offer financial information that helps explain the Vegas experience. This earnings period has a combination of both without any major breaking news.

Caesars Looks Outside Of Casinos For Revenue
July 15, 2017 Marc

Caesars Looks Outside Of Casinos For Revenue

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.

Casino Earnings Reports Casino Financial
May 4, 2017 Marc

First Quarter Was Great For Las Vegas Casino Operators

First quarter earnings were great for the largest Las Vegas casino operators. New Year’s Eve bled into the first quarter. The extra day of revenue was helpful for casino operators. The year always starts with a bang. The Consumer Electronics Show (CES) is the largest convention and expo of the year with well over 100,000 attendees.