We’re coming up on casino earnings season. The quarterly earnings calls and reports are useful to learn about Las Vegas casino operators. The reports allow us to look back at the quarter. This quarter will also look back at the entire year of 2002. The calls offer more commentary as the casino operators look to the future.
This week seems to be a week of Vegas changes and more changes, potentially. We will have to wait and see how several rumors “play out.” There are just a few days remaining in Nevada’s statewide “pause.” This week Governor Steve Sisolak will announce if the same 25% capacity “pause” restrictions will continue.
We start this week’s Vegas News mentioning that The National Finals Rodeo (NFR) is in town! There will be cowboys and cowgirls all over Las Vegas for another week. The weeks after Thanksgiving and before Christmas used to be a quiet period to visit Las Vegas. The rooms were cheap and too many people didn’t visit. That’s not quite the case anymore with the rise in popularity of the NFR.
Let’s call this week the calm before the storm. It was a relatively quiet week in Las Vegas aside from the Palms Casino Resort drama (details on that shortly). The Global Gaming Expo (G2E) is in just over a week. Casino operators and gaming manufacturers will have lots of news for us around the gaming conference.
I started writing this outside on a beautiful Las Vegas morning. Unfortunately, it’s so windy (about 40 MPH) that my cold brew was shaking on the table and looked as if it was going to fall over. I decided to move inside one of my favorite coffee shops, Madhouse Coffee, to drink the good stuff. Back to your regularly scheduled Vegas News.