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.
Let’s kick off this week’s edition of Vegas News with some information about the average visitor to Las Vegas in 2022 (Vegas Visitor Data). The Las Vegas Convention and Visitors Authority’s (LVCVA) annual Visitor Profile is a small sample snapshot of visitors to Las Vegas.
MLB at Rio? Evidently, Dreamscape has been in super duper top-secret discussions with the Oakland A’s for a few years about building a new stadium on vacant land and we’re just hearing about it now. Sounds legit.
This week the big news is that Tilman Fertitta received approval from Clark County to build a new Vegas Strip Casino. As a reminder, the land across from The Cosmopolitan and Harmon Corner includes the Tex Mex restaurant, souvenir shops, and the Travelodge, which is closed.
Caesars Palace just finished renovations that include a new lobby bar… The Nevada Gaming Commission approved the Tropicana sale to Bally’s this week…
I made two visits to the Cosmopolitan in the past week. The first visit was to grab a cup of coffee with someone stopping by for a quick visit. Who am I to say no to 8 am coffee?!
We’re going to start the Vegas News by looking at casino earnings. Both Caesars and MGM Resorts released their information last week.
Vegas NFT ?? Circa has a Vegas Vickie NFT collection. The Plaza is making some changes to the historic downtown Las Vegas casino. The biggest modification to the property will take place before anyone walks into the casino.
Vegas 2022 – This year has gotten off to a strange start. Las Vegas is trying to get back to normal but it’s not quite there yet. Yes, this is annoying but the things we love about Las Vegas are still there – mostly.
Happy New Year! We hope you, your family, and your friends are all in good health. It looks like we’re going to start off the new year with the same annoying news as last year. (You’ll have to wait a bit until we get to some cool details about the Katy Perry Residency.)
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