This is it. The Hard Rock Hotel and Casino in Las Vegas is finally closing. It’s funny that a casino that I’ve rarely visited in the past five years stirred up so much emotion. The Hard Rock opened in 1995 and became one of my favorite casinos for about 10 years.
Before I get to the “big” Vegas News about the Resorts World plan, I must say this has been a chaotic two-week stretch with friends visiting. So many people I know visit Las Vegas for work and/or pleasure. Being able to catch up with friends and acquaintances so frequently is part of what makes living in Las Vegas so great.
There’s not much of an introduction this week. While there was lots of little Vegas News, the wasn’t much big news. Also, I’m slightly hungover because of visitors.
Quarterly casino earnings calls and reports often have information that we can use to look at the current and future state of the companies. The calls, specifically, don’t have major breaking news. This week Red Rock Resorts (AKA Station Casinos) dropped a news bomb that was news but not all that surprising. Let’s just get to it because this is probably the biggest story to hit Las Vegas during the week. Plus, we will be talking (again) about Vegas fees.
Quarterly earnings are the best and worst at the same time. They often have interesting information. The earnings calls are another level. They often have additional commentary that isn’t in the reports and press release. Let’s explore more in Vegas News.
But with MGM’s complete acquisition of Borgata Atlantic City from Boyd we here at TZ were left pondering what exactly would happen when it came to Mlife..
Despite not having a major presence in Atlantic City, MGM has always owned a stake in the Borgata, a collaborative
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