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.
Brace yourself. This will be one of the longest Vegas News articles in a few years. I even dumped a few items to keep this somewhat manageable. Still, this will be a quick read since the majority of info comes via quick hits.
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.
This week’s COVID-19 update from Las Vegas will be super short. There’s a lot of related news from Boyd and MGM earnings reports that center around the impact of COVID in Las Vegas.
This is been a whirlwind Vegas News week. There was at least one different casino operator reporting quarterly earnings every day + MGM Getting Dynamic, Ruffin Might Buy Caesars and A Lot More…..
This is a different kind of earnings season for the casino corporations. It’s both boring and intriguing. (Hint: Caesars Drama) + All the Vegas News scoop!
It almost seems as if Las Vegas is reinventing itself seemingly more than ever. Since then the economy has improved and prices have been slowly creeping back to normal. Las Vegas is back on the upswing.
Vegas News | We just finished a rather insane news week in Las Vegas. The quarterly earnings calls always offer insight into how casino corporations operate.
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