The Las Vegas resort company will build a studio in the Wynn Las Vegas casino, invest $3.5 million in Blue Wire and use the partnereship to promote WynnBET online gaming.
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The Las Vegas Convention and Visitors Authority sees occupancy, room rates, traffic take a dive in January with conventions and trade shows nowhere to be found.
January is usually Southern Nevada’s busiest convention month, but not this year. As a result, gaming win declined 31.7 percent in Clark County and 43.8 percent on the Strip.
Despite capacity restrictions, casino play at Monarch’s Atlantis resort rose in the fourth quarter and the company sees opportunities for increased revenue in Colorado.
The retailer, which will exude an L.A. vibe, will have men’s and women’s stores in the 70,000-square-foot retail district of the megaresort that opens this summer.
Blaine Graboyes, who was denied a gaming license in a 4-1 Nevada Gaming Commission vote Thursday, is no longer with GameCo., a spokesman representing the company said in an email Monday.
Although sports wagering hasn’t been approved yet in New York, Penn National Gaming is getting a jump on it by signing a deal with Capital Region Gaming in Schenectady.
With the installation of the compression ring atop a temporary tower, crews now will be able to build the spherical roof on the $1.66 billion entertainment venue.
The coronavirus pandemic has squeezed Nevada’s casinos, but it looks like the outlook is finally changing and companies are preparing for the comeback they’ve expected.
Executives with Gaming & Leisure Properties Inc. say they’re still receiving inquiries to buy the Tropicana, but they’re going to wait for the right deal before selling.