Coronavirus is now a national emergency. As you’d imagine, the travel and live entertainment industries are getting crushed since people are trying to stay away from each other. Las Vegas is a vacation and entertainment town and there’s a lot happening…and not happening.
Vegas Rumor 2020
It’s 2020 and the only clock I have to spring forward is in my car. Let this serve as your reminder to change any clocks you have. Now, onto the Vegas News.
The Vegas News this week will start with a little storytime that starts in college and continues today in casinos. (Don’t worry, we will get to New Caesars soon enough….)
This was a somewhat surprisingly busy week for Vegas News. Looking at the calendar, we knew there was a lot happening. This just isn’t a week when Las Vegas traditionally busy.
This week in Las Vegas was dominated by one story. No, it wasn’t MGM Resorts announcing new sustainable sourcing goals for eggs and chickens. Just prior to reporting earnings, MGM Resorts sent out a press release that Jim Murren, Chairman and Chief Executive Officer, informed the Company’s Board of Directors that he will step down from his positions before his contract expires.