As travelers continue to emerge from hibernation, casinos are once again starting to pour money into properties and renovations. This year seems to be the year of Caesars Entertainment, which has just completed a new entrance at Caesars Palace Las Vegas, ahead of an upcoming rebranding from Bally’s to Horseshoe.
Before I get to the “big” Vegas News about the Resorts World plan, I must say this has been a chaotic two-week stretch with friends visiting. So many people I know visit Las Vegas for work and/or pleasure. Being able to catch up with friends and acquaintances so frequently is part of what makes living in Las Vegas so great.
Quarterly casino earnings calls and reports often have information that we can use to look at the current and future state of the companies. The calls, specifically, don’t have major breaking news. This week Red Rock Resorts (AKA Station Casinos) dropped a news bomb that was news but not all that surprising. Let’s just get to it because this is probably the biggest story to hit Las Vegas during the week. Plus, we will be talking (again) about Vegas fees.