Before we get to the big loyalty news and MGM Rewards Details, we are happy to report that The Consumer Electronics Show (CES) went off as planned this week. CES says that more than 40,000 people attended the convention this year.
Fontainebleau Las Vegas construction is resuming again for the third (?) time! + lots of casino news and scoop!
This week Caesars Entertainment, MGM Resorts, and Wynn Resorts reported earnings. This provides a lot of insight into Vegas Casino Earnings for 2021. Much like Station Casinos and Boyd Gaming earnings last week, there was a similar theme with the earnings calls. Casino corporations have learned how to effectively operate with a smaller staff and fewer amenities for guests.
Boy, the Covid-related news escalated quickly. Last week, a few Las Vegas casinos were approved to increase capacity to 100% and remove plexiglass. Early this week Caesars, MGM Resorts, and more joined the “100% Club”. That was just the beginning. On Thursday, the CDC updated its mask guidelines. Nevada followed suit allowing businesses to change their policy. Next, Nevada Gaming Control announced that it’s allowing casinos to update their policy.
Casino earnings season came to an end with a bang this week. Caesars reported fourth-quarter and full-year earnings for 2020. We all know last year was bad for casinos. You can see that in the release. On the good news side, Vegas Pool Season arrives.
Before we share a huge amount of Vegas Quick Hits and the rumor about Hamilton in Vegas….. We’re going to start Vegas News off a bit differently this week. I received a rare Saturday morning marketing email from a gaming company that I have to share.
We’re coming up on casino earnings season. The quarterly earnings calls and reports are useful to learn about Las Vegas casino operators. The reports allow us to look back at the quarter. This quarter will also look back at the entire year of 2002. The calls offer more commentary as the casino operators look to the future.
Most hotel operators, especially those in the hospitality world, are known for touting the word revolutionary. Revolutionary new designs, services, offerings, and amenities are all the rage in the PR buzz word dictionary for hoteliers today. Is Wynn Palace Design revolutionary?
We’re going to jump right into the Vegas News this week because I found a new document just as I was sitting down.
Thanksgiving week is always strange for Las Vegas. As always, it’s a great time to visit. Unfortunately, there’s not much happening behind the desks.
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