This past weekend marked some of the busiest days Las Vegas has seen since the onset of the pandemic. Judging by room rates, that level of demand could carry forward this weekend.
Casinos & Gaming
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Caesars Entertainment Inc. has closed the sale of Eldorado Resort Casino Shreveport to Bally’s Corp.
Las Vegas room rates for Thanksgiving weekend have dropped in the weeks leading up to the holiday.
James Nelson informed the board’s executive chairman of his resignation on Friday.
A majority of Palace Station workers signed a petition opposing union representation.
Inventors are competing to create a solution that can help the hospitality, entertainment and travel industries recover from the COVID-19 pandemic.
The head of the Fremont Street Experience is stepping down from his position, effective Oct. 31.
Penn National Gaming and Hilton Grand Vacations have warned the state of potential layoffs and long-term furloughs.
The property will reopen with a variety of bars and restaurants. The property’s Blu Pool also will reopen.
MGM Resorts International is set to reopen two more regional properties in the coming weeks.
A Thursday statement revealed that COVID-19 hit the company hard in the first quarter. Early estimates show MGM’s net revenue dropped 29 percent compared with the same period the previous year.
Treasure Island is planning to open its doors to guests May 15, despite Gov. Steve Sisolak saying Wednesday that gaming shutdowns will probably be extended.
The Cosmopolitan of Las Vegas is furloughing part-time and on-call employees, effective Tuesday.
The mock resort-casino space inside the new Black Fire Innovation hub provides an open environment where students, startups and companies can collaborate and test technology for the the gaming and hospitality industry. The hub held its grand opening Thursday morning.
While bids are coming in from operators from around the world, experts say these discussions could give Nevada-based operators a leg up in the competition.
