MGM Resorts released earnings last week. I listen to the (casino earnings) calls because they usually offer some context to the financials in the reports.
Earlier this week I received an email from Aristocrat for a slot machine I found last month at Cosmopolitan. I receive lots of press emails but this one hit me because it was for a game I randomly discovered just wandering around The Cosmpolitan one afternoon.
The Great Vegas Reopening (TM) is in full swing. Capacity limits and plexiglass are gone at Wynn and Cosmopolitan. Most are quite relieved and happy with the news that plexiglass in Vegas comes down! There should be more casinos to follow. I’m hoping the worst of the coronavirus is behind us. That would mean life for everyone is getting back to normal.
This week Vital Vegas tipped us off to The Linq short pouring mixed drinks. This is useful to prep for future casino visits. A few years ago I wrote about the unintended consequences of drink monitoring systems at casino bars in Las Vegas. I don’t mind the practice because I usually play fast enough to not worry about getting complimentary drinks.
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?
This week is mostly “quick hits” format, with some really awesome news about Plaza Redeveloping. We weren’t surprised when Virgin Hotels Las Vegas pushed its opening date back to January.
We start this week’s Vegas News mentioning that The National Finals Rodeo (NFR) is in town! There will be cowboys and cowgirls all over Las Vegas for another week. The weeks after Thanksgiving and before Christmas used to be a quiet period to visit Las Vegas. The rooms were cheap and too many people didn’t visit. That’s not quite the case anymore with the rise in popularity of the NFR.
We made it through another Vegas summer! High temperatures appear to be in the double digits for the rest of the year. Low temperatures will be in the mid 50’s by the end of the week with highs less than 80. This summer in Las Vegas wasn’t as brutal as recent years, but it’s still nice to be able to drive with the windows down again.
There are lots of rumors floating around about the future of a few Las Vegas casinos. “Rumors” might have accelerated to “talks” but the deals still aren’t agreed to so there’s nothing officially happening…yet.
This week in Vegas news was dominated by casino operators reporting earnings. Sometimes these calls offer insight into future plans for the businesses. Other times these casino earnings calls offer financial information that helps explain the Vegas experience. This earnings period has a combination of both without any major breaking news.
I’m always in awe of Las Vegas. There’s so much happening. There’s also a lot that’s almost happening. This week we’ll touch on both ends of the spectrum without even mentioning the possibility of All Net Arena being built or the Virgin train.
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