Red Rock Resorts To Acquire Palms
It was a rumor yesterday and it's confirmed today. Red Rock Resorts Announces Agreement to Acquire Palms Casino Resort LAS VEGAS--(BUSINESS WIRE)-- Red Rock Resorts, Inc. ("Red Rock Resorts", "we"…
Steve Wynn Just Said F U To Gamblers
An oldie but a goodie above. On last week's Wynn Resorts earnings call Steve Wynn went into a long discussion of how Wynn Las Vegas is adjusting their casino floor…
Nightclub Revenue In Vegas Will Shock You
I know casinos and Vegas but I'm not an investor. Sometimes when I see Motley Fool or other investing websites break out revenue in certain ways I can be surprised.…
Vegas Is Getting Younger Quickly, You’re Not Aging That Fast
John Unwin, CEO of Cosmopolitan of Las Vegas, did a sort of strange interview with Bloomberg last week. He was lobbed some softball questions about Las Vegas before being asked about…
Planet Hollywood Feeling The Britney Spears Effect To The Tune Of $20 Million
If you've been reading any of my work over the past few years you know that I like Britney Spears a bit too much. We go back to the swamps of…
Wynn And Las Vegas Sands Gambling Revenue Per Day Might Surprise You
The casino always has the advantage in gambling so they're guaranteed to make money as long as they have customers. The amount of money made in a casino probably wouldn't surprise anyone.…
Jay-Z, Magic Johnson And Now Sam Nazarian
At a licensing hearing for SLS Las Vegas a couple of weeks ago it was noted that Sam Nazarian's SBE only owns 10% of the hotel opening this week. Stockbridge…
These Are American’s Favorite Casino Games
I love a good survey. Today's question from the American Gaming Association is a simple one. What's your favorite casino game? slots 48% blackjack 16% none 14% poker 6% roulette 5%…
Caesars Turmoil
To say this was a chaotic weekend for Caesars Entertainment would be an understatement. On Friday they announced that they were leaving a casino project in Suffolk Downs, MA. Partner…
How Caesars Bankruptcy Can Benefit Everyone
Rumors about Caesars Entertainment filing for chapter 11 bankruptcy protection gets louder every day. It's easy to poke fun at a business failing but the ramifications from filing for bankruptcy…