The Bellagio and Aria are offering a change of scenery for those sick of working at their kitchen table.
Casinos & Gaming
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“There’s a lot of moving parts,” CEO and President Jay Snowden said in an earnings call Thursday.
Experts say the crisis could provide opportunities to those with strong balance sheets, such as Las Vegas Sands Corp., and lead to potential new entrants on the Strip.
Wynn Resorts reported $953.7 million in revenue for the first quarter of 2020, down 42 percent from the same period last year.
Caesars Entertainment Corp. had possibly its best two months in the history of the company in January and February, according to CEO Tony Rodio. Then everything changed in March.
Station Casinos Chairman and CEO Frank Fertitta III and Vice Chairman Lorenzo Fertitta will be forgoing their salaries for the duration of the COVID-19 pandemic.
Take a listen to a recap of this week’s biggest stories and get a sneak peek at what’s coming next week.
At least two casino operators on the Strip are stepping up cleaning efforts as a new coronavirus spreads around the globe, with one case in Southern Nevada.
BetMGM’s app is a rebranding of PlayMGM, the online gaming app MGM introduced in 2017. The brand first launched in New Jersey in September 2019.
Other Circa Sports expansions may be on the horizon. The betting venture “intends to be a multi-state leader for sports futures and higher app limits.”
Eldorado and Caesars will have to gain approval from regulatory bodies from all 17 states in which the merged company will operate, including Nevada. It also will need approval from the Federal Trade Commission.
Despite hurdles from lawmakers, Airbnb and other short-term rentals expect to expand their footprint in Clark County even more in the coming years.
About 75 percent of luxury, mid-scale and economy hotels now allow pets and experts say travelers can expect more hotels to follow the trend.
Eldorado CEO Tom Reeg said the divestments are consistent with the company’s continued focus on reducing debt ahead of the merger with Caesars Entertainment Corp.
Red Rock Resorts executives announced Tuesday that they’d be shutting down the Palms’ nightclub and dayclub, effective immediately.
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