The popular international show Fuerza Bruta is coming to the Las Vegas Strip March. The unique show will take place in a tent outside of at Excalibur for a limited engagement. The dynamic theatrical production will perform 10 shows weekly.
Boyd Gaming executives were downright giddy when they announced revenues for the fourth quarter and full year of 2018. Investors were happy with the news as well, and the stock jumped about 10 percent the next morning. The national casino operator had another great quarter and year of business in Las Vegas.
Caesars Entertainment has had a rough time moving forward since emerging from bankruptcy in 2017. However, shares jumped more than 5 percent after hours on Tuesday night ahead of their 2018 fourth quarter and annual earnings. The excitement for the national casino operator wasn’t because of their performance.
This quarter the MGM Resorts and Caesars Entertainment calls have had some activist investor issues that sort of changed the tone of the calls. I’m not an owner of casino stocks and I look for news when reading and listening to earnings reports. This week Caesars and Boyd Gaming reported earnings.
Here’s another episode of “Las Vegas is always changing.” Last year Golden Entertainment purchased the Stratosphere, Casino, Hotel & Tower along with a few other traditional casinos. The Golden Entertainment brand name isn’t used very often by tourists but many drinkers and gamblers that live in Las Vegas know the company because they own more than 130 bars and taverns around the state of Nevada.
Palms is currently in the middle of a massive $690 million renovation. Just about every part of the casino will see an update. There are already new additions to the casino resort just off the Vegas Strip. The makeover started on the casino floor which has new carpeting, lights, and a sweet new center bar.
The idea of hotel lounges isn’t new. Hotels around the world offer access to their lounge for an additional fee to regular hotel rooms. The access to a relaxing environment to grab a drink and snack or have a meeting is fantastic. Some Las Vegas casinos have offered VIP lounges to their high rollers and big spenders.
It’s a new year and that means there are new hotel rooms to enjoy. First, we’ll look at a new category of rooms at The Strat (formerly Stratosphere) where you might want to use the $20 Trick. Then will look at some new hotel rooms that you’ll be able to find in downtown Las Vegas.
Wynn Las Vegas and the Hakkasan Group recently announced DJ lineups for their respective clubs that cover three casinos in Las Vegas. In addition, there’s a rumor that one of the most popular rappers around will embark on his first ever Las Vegas residence.
Since fewer high rollers were visiting Las Vegas hotel rates dropped to the point where I could see how big spenders spent time in this great city. Since then the economy has improved and prices have been slowly creeping back to normal. Las Vegas is back on the upswing.