It took longer than most expected and the price is rising by $2.3 million every day, but it appears Reno-based Eldorado Resorts will soon hold the keys to Caesars Palace.
Inside Gaming
Richard N. Velotta’s Inside Gaming column appears Sunday and Wednesday in Business.
rvelotta@reviewjournal.com … @RickVelotta on Twitter. 702-477-3893
Clark County’s more than 200 licenced operators celebrated reopening properties Thursday, but the bigger question is whether they’ll be able to build on that success.
Guests won’t have to wear face coverings, smoking will be allowed and social distancing protocols will be tough to uphold as Nevada gaming tries to get back to normal.
Jim Murren never thought he’d stay in or even like Las Vegas when he left his Wall Street gig in 1998. Now, he’s fighting for the city he loves in his task force role.
The state Gaming Control Board is treating the reopening plans being submitted by licensees as confidential documents, meaning the public won’t get a chance to see them.
Resorts wish they could have more visitors like Cincinnati resident Tony Iori, who hopes Las Vegas will be like it has been so that he can travel here as often as he has.
While many people in the industry may not feel much like celebrating these days, the U.S. Travel Association and the LVCVA plan to do just that this week.
Former Nevada Gaming Commission Chairman Tony Alamo is conflicted on how Nevada should reopen because of his experience as a regulator and a medical doctor.
The state’s gaming tax is calculated based on a percentage of a casino’s win. Lost winnings means lost general fund tax revenue that supports government functions from schools to public safety.
There’s a reason Gov. Steve Sisolak has deemed construction an essential service because finishing Allegiant Stadium will be critical to the community’s return to normal.
The city’s resorts have good reasons to decline sheltering the homeless during the coronavirus outbreak, even though 150,000 hotel rooms will be empty over the next four weeks.
As National Problem Gambling Awareness Month comes to a close, responsible gaming advocates are fearful that the nation’s casino closures could lead to other problems.
R&R Partners principle Bill Vassiliadis has seen shutdowns and downturns before and expects Las Vegas to come back strong once the coronavirus measures are over.
When a local blogger posted a rumor that The Mirage was going to close, it hurt rank-and-file employees who depend on tips and gave social media a black eye.
No one saw the shutdown of 41 casinos in Macao for 15 days and Italian soccer teams playing in empty stadiums. Will Japan’s plans for resorts be the next to see changes?