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.
Let’s start the weekly Vegas News roundup with a short story about a big deal. This week Las Vegas Sands (LVS) sold all of its properties (aka “Venetian Sold”) in Sin City. The company is now just “Sands” since it has no more businesses in Las Vegas. The deal happened early in the week so I’m not going to get too deep.
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.
No major Vegas COVID-19 update again this week. It hasn’t gone anywhere, and casinos remain under the same protocol. Read this if you’re curious about the local bar situation. Layoffs seem like they’re about to hit some non-gaming hotels too. You can always visit the Nevada Independent for Nevada COVID data. Perhaps, our most significant news is that Mirage is ready to open.
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.