MGM was in the news for a few reasons last week. You already know about the MGM Rewards tier accelerator we slid into Vegas News before posting last week. This week? MGM New F1 Package.
MLB at Rio? Evidently, Dreamscape has been in super duper top-secret discussions with the Oakland A’s for a few years about building a new stadium on vacant land and we’re just hearing about it now. Sounds legit.
The autumn display at the Bellagio Conservatory and Botanical Gardens is up. While beautiful, this is probably my least favorite every year. Tropicana has a new rewards program. This is not currently connected with Bally’s casinos around the country.
This week we will get to a new construction update as well as some current renovations. We mentioned that MGM Resorts planned on renovating a portion of the rooms at MGM Grand after the company’s recent earnings call. Some of the rooms in the newly named Studio Tower (former West Wing) will be available in late October. The rest should be completed before the end of the year.
We’re going to start the Vegas News by looking at casino earnings. Both Caesars and MGM Resorts released their information last week.
Last week I mentioned that I’ve been hearing more grumblings that the transformation of The Mirage to the Hard Rock might take longer than expected. Well, the same source of last week’s information has some specifics from a stock analyst that pretty much confirms this. Not really related, but you might have noticed our headline: Circus Circus Renovating Now? Yes, it looks like they will be renovating Circus Circus.
The day is finally here! MGM Resorts is finally selling The Mirage. + lots of casino earnings news and scoop!
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…
I’m fresh off my first Vegas Vacation since 2019 and feel amazingly refreshed. This was four whole days eating, drinking, and gambling and not working in casinos. This is slightly different from my typical casino visits, which are usually for some kind of work. The Great Vegas Comeback has arrived!
Casino earnings season came to an end with a bang this week. Caesars reported fourth-quarter and full-year earnings for 2020. We all know last year was bad for casinos. You can see that in the release. On the good news side, Vegas Pool Season arrives.
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