Let’s start the weekly Vegas News roundup with a short story about a big deal. This week Las Vegas Sands (LVS) sold all of its properties (aka “Venetian Sold”) in Sin City. The company is now just “Sands” since it has no more businesses in Las Vegas. The deal happened early in the week so I’m not going to get too deep.
This is going to be a different look at the news from Las Vegas. We’re going to focus mainly on earnings from MGM Resorts and Caesars Entertainment before diving into a few quick hits. The earnings reports didn’t have much top-line news but they both touched on leisure travelers similarly, and that was interesting. (And, also a look at New Vegas….)