It’s always strange writing Vegas News when I’m not in Vegas. I spent the weekend in Los Angeles so the bulk of my research happened in a foreign city.
Sometimes the calendar (and Vegas News) moves so quickly and it takes some time to adjust to. It feels like we were just saying goodbye to 2019. Now we’re just weeks away from the Super Bowl and the year is almost over!
Happy New Year! Introducing Vegas News January and our first installment for 2020. I hope the holidays treated you well. I’m happy to get back to a normal schedule again. Mid-week holidays mess with how I like to operate. That’s never a good thing.
Congratulations! We made it through another year! This will probably be the shortest Vegas News of the year so I’ll deliver it once again in Quick Hits format.
We’re slowly sliding to the end of the year. Hopefully, you’re having a great holiday season. Las Vegas is always fun around this time of year, especially Las Vegas New Year’s Eve. Tourists tend to stay away from Las Vegas until after Christmas Day. After that, it’s a different ballgame.
Earlier this week I was able to tour the construction site for the property that will eventually become Circa Resort & Casino. I’m normally not a fan of hard hat tours unless the project is about to open. For sure, this is part of everything happening in Las Vegas this week.
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.