Las Vegas meetings and conventions have been operating on a small scale, but things are looking up in the second half of the year.
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The off-Strip property is set to open March 25 with no resort fees, complimentary self-parking and free Wi-Fi. Parking will be available at two parking garages located off Harmon Avenue and Paradise Road.
It’s welcome news for the Reno-based casino operator, which had fourth quarter results negatively impacted by COVID-19 restrictions across several states.
After taking a nosedive in early 2020, casino operators’ share prices are close — if not already beyond — pre-pandemic levels.
Hotel workers should get an early shot at COVID-19 inoculation, according to the latest guidance from the Centers for Disease Control and Prevention.
The company, which is landlord to numerous gaming companies, isn’t finished yet. “We’ll continue to turn over every rock and look at opportunities in all of the gaming markets,” Vici President and Chief Operating Officer John Payne said during a Friday morning earnings call.
The partnership will allow MGM Resort International’s BetMGM and Topgolf Entertainment Group to collaborate on marketing and promotional offers, and is designed to help both companies reach new audiences.
Mandalay Bay, Park MGM and Mirage are set to operate 24-7 starting March 3, thanks to increased interest in travel to Las Vegas, according to a Wednesday news release.
The national gaming industry’s revenues fell 31 percent to $30 billion in 2020, according to a Wednesday report from the American Gaming Association.
MGM Resorts International’s affiliated real estate investment trust reported $91.3 million in net income in the fourth quarter of 2020, up 25 percent year-over-year.