The Las Vegas Convention and Visitors Authority (LVCVA) released their annual Las Vegas Visitor Profile last week. This is a snapshot of the average visitor to Las Vegas + Renovations, Gambling and more.
There’s no topic in Las Vegas from the past year that’s drawn more ire than paid parking on the Vegas Strip. According to the most recent visitor profile, from the Las Vegas Convention and Visitor’s Authority, 57% of the people visiting Las Vegas arrive by car.
It’s quarterly earnings season where corporations share information on their previous quarter. Hopefully, some of the luxury and large casino operators will also spend some time looking forward informing up what they have in store for Las Vegas. Here are the reporting dates for Las Vegas casino operators that I’m looking forward to.
It’s the Year of the Rooster! The Palazzo decked out their atrium to celebrate the Chinese New Year. This big guy is huge and quite a sight. I prefer the display from the previous Year of the Rooster display.
I’ve just started noticing Christmas music in casinos so I guess it’s officially the holiday season. Las Vegas is usually quite festive for the holidays but the big news last week from the north end of the Vegas Strip doesn’t fit the bill.
Just another day in Las Vegas yesterday (Friday) started at El Cortez around noon and ended a Bally’s around 14 hours later. Spending days and nights with people who don’t live in Las Vegas is a blast. Everything seems so new and fresh. It’s great to see Las Vegas through the eyes of people who visit only a couple of times a year.
Earnings calls are boring AF. Earnings calls for casino operators aren’t entirely boring, they’re just boring. No AF. I just need to vent before diving into the MGM Resorts 3rd Quarter Earnings call this week.
These calls are intended provide information for financial investors in corporations and not for the public. I’m closer to the latter. I’m not an investor and I write for normal people that may not understand or care about the financial jargon. For the most part, I listen to these calls to see if there’s any news that mainstream news outlets don’t report or care about.
You might have heard that there was a presidential election this week. There will be a new President next year and some people are happy while others are sad. I’m less concerned with the politics than the gambling. Go figure. This was a record-breaking year for a US presidential election around the world – but not in the country where the election was actually held. Sports books outside of the US saw record amounts of money wagered on who would become the next President. Some gamblers won bigly as Donald Trump was a long shot for much of the time.
For my money, there’s really one drink monitoring system that is customer friendly. It should come as no surprise that the only luxury property with a drink monitoring system, the Cosmopolitan, offers the overall best system for the customers. Below is information on how I ended up with this decision.
I usually start the news of the week with something from the business side of Las Vegas. Today I want to begin with news in the casino. This has been the catalyst for many of us to fall in love with Las Vegas. It’s what keeps many of us visiting Las Vegas. Sure the restaurants, bars, and shows are great but the epicenter of the action has long been the casino.