The addition of new properties in Laughlin pushed Golden Entertainment to record revenue levels and enabled the company to shrink its losses after big Strat investments.
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Wynn Resorts will temporarily cancel all large entertainment gatherings in its Las Vegas and Boston resorts and also install temperature monitors at its entrances.
Las Vegas Strip resorts are slashing nightly room rates as the coronavirus outbreak impacts tourism.
MGM Chairman and CEO Jim Murren said the “unforeseen and unprecedented volatility” in the financial markets impacted the company’s ability to determine an offering price range.
The winning hand was drawn Monday afternoon, according to a Caesars Entertainment spokesman.
The trade group representing the $261 billion U.S. casino industry is looking into stimulus action as the coronavirus outbreak weakens the industry’s performance.
Brian Hedlund, a microbiologist and UNLV Professor, did a study looking at how much bacteria is on Las Vegas casino chips about 15 years ago. Turns out, they’re pretty dirty.
Construction crews on the $1.66 billion MSG Sphere at The Venetian have hit another milestone.
“I’m not saying we don’t expect an impact,” CEO Dan Lee told investors.“Just that we haven’t seen an impact yet.”
Because of the virus outbreak, room rates have dipped, with some resorts charging as much as 86 percent less for a stay during the draft compared to May prices.