The big news was from MGM was released a day before earnings. The Cosmopolitan will become an MGM Rewards property on Feb. 1, 2024.
The casino earnings season is over. All of the corporations had a great first quarter financially. You can see the earnings report press releases below if you care about the numbers…
The biggest news in Las Vegas surrounds The Mirage/Hard Rock. Clark County approved Hard Rock’s (Hard Rock Las Vegas) plans to build a guitar-shaped hotel tower in front of the existing property.
Yep, another Las Vegas Grand Prix Update. There’s a large international following for F1, and the sport fascinates me. The intrigue is as much off the track as it is race related. The business angle is particularly interesting – especially as it relates to Las Vegas.
The casino biz was abuzz with casino earnings last week, with MGM Resorts, Red Rock, and Wynn reporting. As expected, all had very good financial results for the fourth quarter and the full year in 2022.
There’s really no major news from the past week so I’ll share some info about a couple of days and nights I spent with tourists on and around the Vegas Strip.
Last week in Las Vegas was a blur. This week will be as well, but that’s a story for another day… Hard Rock International was in front of the NGCB looking for a recommendation for the Nevada Gaming Commission (NGC) to approve the company to take over operations of the Mirage.
The Global Gaming Expo (G2E) blew through Las Vegas this week. As always, it was a fun time seeing new games, meeting new people, and connecting with others I don’t see very often.
Caesars Palace just finished renovations that include a new lobby bar… The Nevada Gaming Commission approved the Tropicana sale to Bally’s this week…
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.
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