The casino earnings season is over. All of the corporations had a great first quarter financially. You can see the earnings report press releases below if you care about the numbers…
The casino biz was abuzz with casino earnings last week, with MGM Resorts, Red Rock, and Wynn reporting. As expected, all had very good financial results for the fourth quarter and the full year in 2022.
We’re going to flip Vegas News around today. Instead of starting with the big news of the week, we’re going to begin with Quick Hits.
We’re going to start Vegas News with a look at casino earnings again. The season is over, so we can get back to regular news about what’s happening in and around Las Vegas next week. Also, some sparkling news about Caesars Palace Las Vegas and why Caesars Palace Casino shines!
It’s quarterly earnings season and a couple of corporations with local casinos really got things rolling. Boyd Gaming and Station Casinos both had great financial earnings in 2021 and during the fourth quarter. Plus, we have news of Fremont Expanding.
As expected a couple of weeks ago, you once again have to wear a mask (“Mask Up Vegas”) when indoors in Las Vegas. This mandate is for everyone – vaccinated and unvaccinated people. There’s no timeframe on how long this will last. I’d rather spend my time talking about a new casino, earnings, new slot machines so I’m going to move on.
The Great Vegas Comeback (™) continued this weekend with action up and down the Vegas Strip. COVID Isn’t Over — COVID-19 rates, hospitalizations, etc. have spiked to the same level as February. I spent a couple of days at the Cosmopolitan this week and it was crazy busy. Even though the casino was busier it seemed like there was a similar proportion of guests wearing masks as the last time I stayed there in May. Once again, masked and unmasked all seemed comfortable and respectful with each other.
The Great Vegas Reopening (TM) is in full swing. Capacity limits and plexiglass are gone at Wynn and Cosmopolitan. Most are quite relieved and happy with the news that plexiglass in Vegas comes down! There should be more casinos to follow. I’m hoping the worst of the coronavirus is behind us. That would mean life for everyone is getting back to normal.
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 week’s big news in Las Vegas is that there’s a plan to loosen restrictions in place to slow the spread of COVID-19 in Nevada. I’ll just cut to the chase with some bottom-line info on the details regarding the fact that covid restrictions will loosen soon.
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