MGM Resorts International will soon require COVID-19 vaccines for all new hires and current salaried employees across the U.S.
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Southern Nevada’s economy has been on a major rebound, but concerns remain about the area’s long-term outlook, analyst Jeremy Aguero said Friday during the Las Vegas Perspective event.
DraftKings reached a $1.56 billion deal to buy Golden Nugget Online Gaming, a move that will further expand the fantasy sports giant’s footprint into the growing market of online casinos.
Slot play in Nevada’s casinos dropped like a rock when the Great Recession hit. But a resurgence of popularity has cemented a spot for slots on casino floors.
Golden Entertainment reported net income of $103.8 million on $292.5 million in revenue during the quarter that ended on June 30 — the highest quarterly revenue and income the company has ever recorded.
MGM Resorts International saw strong financial results for the quarter ending June 30, including $2.27 billion in revenues and $90 million in net income.
A major casino landlord is buying another in a $17 billion-plus deal, putting the real estate ownership of many of Las Vegas’ biggest resorts under one company.
Caesars Entertainment brought in $2.5 billion in net revenues during the quarter ending June 30, nearly 20 times what the company generated in the same period of 2020, officials shared during earnings call.
Caesars Entertainment unveiled a new rebranding effort that combines the company’s sports betting assets under a single brand after its purchase of William Hill in April.