Two new Las Vegas casinos are opening or have opened this week depending on when you read this. Chances are few tourists will take the trip to visit more than one but new casinos are always fun so let’s take a look. Of course, don’t miss the news below about MGM Tier Match downgrades, which is a huge topic of conversation in the casino and travel loyalty world.
The MGM Cosmopolitan Las Vegas acquisition was a game-changer for the company. Not only did MGM solidify its position on the west side of the Strip but it also picked up one of the hottest properties with a higher ADR (average daily rate for a room). Its sale of Mirage will help finance the purchase. In the realty world, it’s pretty straightforward. MGM is now the owner of Cosmo-Vegas operations.