The Las Vegas Convention and Visitors Authority expects a 1.8 percent increase in visitor volume, but a 20.2 percent increase in their spending for summer’s kickoff.
Tourism
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A collaboration of Russian hacker gangs may have been responsible for MGM Resorts’ cybersecurity issue that has plagued the company. MGM is Nevada’s largest employer.
The problem affected credit card transactions and other computerized systems. There were indications that MGM shut down some systems to prevent the matter from becoming worse.
Hotel rates for the New Year’s Eve “America’s Party” celebration on the Strip are nearly three times as high as the average rates for the coming Christmas weekend.
Malaysia-based Genting Group will make its Las Vegas debut in June with a $4.3 billion, 3,500-room megaresort on 87 acres formerly occupied by Boyd Gaming Corp.’s Stardust resort.