Quarterly earnings are the best and worst at the same time. They often have interesting information. The earnings calls are another level. They often have additional commentary that isn’t in the reports and press release. Let’s explore more in Vegas News. Earnings reports and calls can also be incredibly boring for someone not financially invested.
Las Vegas casino sales are on fire. Sorta. Not all casino deals are the same and that tempers the excitement of new blood in a casino market mostly operated by two casino companies. MGM Resorts International’s recent confirmations (after months of rumors) are a perfect example of recent casino sales.
Treasure Island owner Phil Ruffin recently purchased Circus Circus. Earlier this week we shared some information on his plans for the future of the family-friendly casino. While it hasn’t been confirmed yet, the two hotels should be connected through the players clubs. There could be an entirely new loyalty club that combines both properties.
Oyo Las Vegas is now open for business. The new hotel brand replaces the Hooters Hotel and Casino. For years, this property has been a relative bargain for its location next to the Tropicana and across the street from MGM Grand.
MGM Resorts recently announced the sale of Bellagio and Circus Circus . They will continue to operate Bellagio under a long-term lease from the new owner. Phil Ruffin, owner of Treasure Island, will operate Circus Circus. Let’s take at the two sales to see how they’ll affect your next visit to Las Vegas.
Vegas News | Hard Rock Eyes Vegas Strip For Casino, Boyd Shades Palms, and Say Goodbye To Poker – TravelZork
Today is a very special Vegas News day. I pulled my winter coat out of the closet for deep cleaning. The high temperatures this week will be 10-20 degrees cooler than last week. Brrr? Before leaving the east coast I donated all of my real winter coats.
One of the great things about Las Vegas is the variety. There’s a place for anyone no matter their vacation budget. One group visiting Las Vegas might have a budget that affords them to eat, drink, and stay at a luxury resort. A family might have a smaller budget for their annual vacation.
Caesars Rewards is introducing two new levels of “Diamond” status in 2020. Diamond Plus and Diamond Elite will go into effect for the new loyalty club year, which begins February 2020. It wasn’t that long ago that Total Rewards was rebranded to become Caesars Rewards .
What a week! The Global Gaming Expo (G2E) was a blur. That blur sparked many memories both inside and outside of the expo itself. I’ll share thoughts on G2E another day. Let’s direct attention to the Vegas News focusing on casinos sold!
We’ve discussed how Las Vegas residencies have changed over time so we won’t get into it again. The new short term residencies seem to be as popular, if not more popular, than their long-term predecessors. One of the reasons for the popularity is the short-term nature of the events.