Vici Properties Inc. reported a 19 percent increase in net revenue Thursday compared to last year, earning $255 million in the first quarter.
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MGM’s Las Vegas Strip properties were among the worst hit, with a 21 percent dip in revenue compared to the 10 percent decline seen at regional properties.
The Las Vegas Convention and Visitors Authority confirmed what most tourism leaders already knew: The coronavirus devastated visitation to the city in March.
The Blackstone Group acquired nearly 68 million shares in Crown Resorts, a nearly 10 percent ownership stake, the Australian company announced this week.
Recent filings with the Securities and Exchange Commission show where the pay gap stands between chief executives and the median employee wage.
All Wynn Las Vegas employees will have access to free COVID-19 testing starting Monday.
The goal is to foster ideas to make hospitality safety improvements in Las Vegas that can be implemented in the post-pandemic gaming environment.
With the state’s casinos ordered closed in March by Gov. Steve Sisolak, the industry knew it was going to see a huge win decline. As bad as it is, April’s win will be worse.
The state Gaming Control Board could limit the number of people inside a casino at one time, but it probably won’t mandate temperature detectors at entrances.
When casino properties reopen in Nevada following the coronavirus-related state shutdown, safety will be a main focus for gaming operators.