Shares of MGM Resorts International plunged as much as 10 percent Thursday morning after the company cut its earning guidance for 2018 due to weakness at two Strip properties.
Tourism
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While the Las Vegas Convention and Visitors Authority was celebrated for its role in the weeks immediately following the Oct. 1 shooting, that isn’t likely to be the case when it comes to memorializing the tragedy and building a permanent tribute to the victims and heroes.
While analysts who cover MGM Resorts International are reluctant to talk about the company’s financial prospects two months after the 1 October massacre, they’re collectively saying MGM stock would be a good addition to a portfolio.
Visitation fell 4.2 percent to 3.6 million tourists in October, the Las Vegas Convention and Visitors Authority reported Thursday, the second steepest year-over-year drop of 2017.
Caesars Entertainment’s top executive said his company is seeing a slight downturn in casino play from Asian guests as a result of the Route 91 Harvest Festival shooting.
MGM Resorts International will continue to use a modified advertising campaign with a #VegasStrong hashtag despite social media criticism that it is exploiting the Oct. 1 shootings.
A return to normalcy for Las Vegas tourism may still be weeks away, but there should be no long-term effects on tourism to Southern Nevada because of the Oct. 1 shootings.
An air of confidence appeared to prevail on Friday among airline passengers headed to Las Vegas this weekend, all showing respect but undeterred by the violence during the Route 91 Harvest Festival on Oct. 1.
Security for trade shows of all sizes is up for review following the Las Vegas Strip shooting.
Here is the timeline of events for the LVCVA following the Oct. 1 Las Vegas shooting.
The first action taken by the city’s destination marketing organization set a course designed to provide the right message to the right people at the right time after the Oct. 1 Las Vegas shootings.
CES, the largest convention held in the Las Vegas Valley, will roll out photo ID badges for visitors to next year’s event in the wake of the Strip shooting.
When a “Do Not Disturb” sign hangs outside a hotel room for a while, staff will usually call or knock at some point to make sure everything’s OK.
The Las Vegas Convention and Visitors Authority began planning its revised marketing message to the world — a message of concern for victims and first-responders — a minute after the shooting from the 32nd floor of the Mandalay Bay resort stopped on Oct. 1.
In June, actress Michelle Rodriguez dressed in a black tank top, jeans and sunglasses boarded a helicopter in Nevada to promote a new, exotic tourism experience to Las Vegas visitors.
