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.
“It’s deja vu all over again,” said one of my favorite baseball players. I never actually saw Yogi Berra play a game but some of his ridiculous and amazing Yogi-isms will always stay with me. Maybe Huey Lewis & The News is more relevant (closer but not really) to 2021. This may be entirely relevant, but we’re going back in time! Don’t worry; after we “go back in time,” we will explore the fabulous Bootlegger Bistro.