MGM Resorts released earnings last week. I listen to the (casino earnings) calls because they usually offer some context to the financials in the reports.
Brace yourself. This will be one of the longest Vegas News articles in a few years. I even dumped a few items to keep this somewhat manageable. Still, this will be a quick read since the majority of info comes via quick hits.
This will be a bit of a different Vegas News since there isn’t much happening in Las Vegas right now. COVID-19 is spreading across the country and just about everything fun in Las Vegas (and the world) is shut down. The week didn’t start off so stark.
Plan For Palms Much More Than Lipstick On A Pig | Station Casinos purchase of Palms comes with a grand vision. The casino operator is also using the property to change how customers see Station Casinos.
Last week Red Rock Resorts (parent company of Station Casinos) announced that they were purchasing Palms Casino Resort of $312 million.
Whew! It feels as though it’s been a crazy few weeks in Las Vegas. Thankfully the openings and announcements slowed
Fantasy football has changed how people consume and wager on football. When people visit Las Vegas to watch football they’re not necessarily heading to the sports book to place a wager.
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