I have a great passion for a lot of things in Las Vegas. There’s always something new happening in Las Vegas and with the companies that operate here. As you know, deciphering casino corporation earnings calls is one of my favorite ways to analyze the industry. Let’s just get to the Vegas News.
Vegas News October
What a week! The Global Gaming Expo (G2E) was a blur. That blur sparked many memories both inside and outside of the expo itself. I’ll share thoughts on G2E another day. Let’s direct attention to the Vegas News focusing on casinos sold!
The Las Vegas PR machines might be slow right now but this week was a blur and I expect more of the same next week. A friend was in town for a conference and that gave me an excuse to enjoy Las Vegas like a tourist for a few days. Let’s get to all the Vegas scoop, and also my Vegas News G2E Preview.
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.
This week Caesars Entertainment hired Goldman Sachs to help them deal with activist investors. In the same article, the NY Post says that MGM Resorts International might be interested in buying Caesars Entertainment “if it can do so in a friendly deal.” + all the Las Vegas scoop!
This week there was some news about a potential shakeup with the national casino operator from a typically reliable resource + all the Las Vegas scoop!
Much of the news in Las Vegas for this week comes from the Global Gaming Expo (G2E). The casino business doesn’t entirely stop but it comes close.
Boyd Gaming has been doing great business in Las Vegas over the past couple of years. The locals casinos and downtown casinos have been attracting locals and tourists alike. Their earnings call and report for the second quarter was further proof of that.