We’re a week removed from the Kentucky Derby and Cinco De Mayo weekend in Las Vegas. I didn’t think I’d feel this way but Derby Day felt incomplete without a big fight. I haven’t been a boxing fan for a few years but the excitement a big fight brings to Las Vegas is unmatched. Boxing also brings in the biggest customers according to MGM Resorts.
There’s no way to sugar coat MGM Resorts first quarter earnings. I opened the quarterly MGM Resorts earnings presentation as soon as I woke up and saw a slew of red down arrows. After a cup of coffee and actually spending time reading the why there were red arrows it’s easy to see that MGM Resorts just had a bad quarter.
I have some clarification to add to my Borgata Mlife post from last week.I played video poker again and the Mlife Express Comps, Slot Dollars and Tier Credits were updated in my account immediately. The Global Points were not, but the Mlife Desk had the correct session total in their records, when I inquired about it.
I think the cold temperatures slowed down the newsmakers in Las Vegas this week. That’s the only way I can explain the lack of actual news. In fact, after MGM Resorts International reported earnings it seems as though everyone in Las Vegas went out for ramen to warm up from the freezing cold temperatures.
I have been writing about the Mlife program at the Borgata, since the transition from My Borgata Rewards in June. It was difficult to figure out the Mlife Earn Rates because the computer system is not tallying all the numbers correctly in everyone’s account and I could not confirm the earn rates that they gave me verbally, even though they were updating my account to these values.