Earnings season is upon us and casino corporations are dropping news on a regular basis. Bad rumors about Circa. Plus all the Vegas News and casino scoop for the week!
The Vegas News for me this week started mostly with the Global Gaming Expo (G2E). As expected it was smaller than usual with fewer small and international gaming operators. There was also a lack of food and beverage providers, entertainers and other random non-gaming companies showing off their goods and services for casinos to buy.
Let’s start the news with a quick Covid-19 update in Las Vegas before we get to the big news: “Cosmopolitan Sold!” It appears as though the Clark County Covid-19 cases, hospitalizations, and deaths are getting lower. If this trend continues there could be a change in public mask-wearing policy sooner than later.
Wowsers, for the first time in about a while there’s hardly any COVID-19 news in Las Vegas. There have been no changes in policies so everything remains the same as the past few weeks. Having said that, this will be a relatively shorter Vegas News.
Only a small COVID-19 update for Las Vegas during this long holiday weekend. There are no major changes to COVID-19 protocols when you visit a casino. You still have to wear a mask inside of casinos unless you’re eating, drinking, or smoking. The larger scoop of the week is that Cosmo Vegas is for sale.
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.
The big news in Las Vegas is still the opening of Resorts World Las Vegas. The soft opening was last week and the grand opening will take place on July 4th. I visited Resorts World in between despite the soft opening issues I was warned about. Thankfully, they’re being addressed and very slowly fixed. So, we are going to be sharing More Resorts World for you to enjoy!
I’m fresh off my first Vegas Vacation since 2019 and feel amazingly refreshed. This was four whole days eating, drinking, and gambling and not working in casinos. This is slightly different from my typical casino visits, which are usually for some kind of work. The Great Vegas Comeback has arrived!
Boy, the Covid-related news escalated quickly. Last week, a few Las Vegas casinos were approved to increase capacity to 100% and remove plexiglass. Early this week Caesars, MGM Resorts, and more joined the “100% Club”. That was just the beginning. On Thursday, the CDC updated its mask guidelines. Nevada followed suit allowing businesses to change their policy. Next, Nevada Gaming Control announced that it’s allowing casinos to update their policy.
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