Tag: Las Vegas
Analyst: Closure of Mirage and Tropicana “earnings catalyst” for mid-tier Strip properties
A Wall Street analyst said the closing on July 17 of The Mirage, combined with the already-closed Tropicana, should catalyze higher rates... more
Las Vegas airport records second-highest all-time passenger count in May
The Las Vegas airport saw a 22% jump in international passengers in May that boosted its passenger count to 5.2 million, the second highest... more
Las Vegas hospitality growth expected to continue, economist says
While gaming revenues in Las Vegas are expected to moderate, strength in hospitality, food, and beverage spending will continue to boost... more
Mirage room rates way down as property nears closure
The Mirage’s room rates have suffered a big drop as the iconic Las Vegas Strip resort nears its closing in mid-July. Hard Rock... more
Konami chairman tells Nevada regulators pandemic recovery complete; Caesars talks cybersecurity
The chairman of the board of the Konami Group told Nevada regulators Wednesday that he’s confident the gaming industry has fully recovered... more
July closing of Mirage could boost room rates, benefit newer, nearby, and comparable properties, analysts say
The closure of the Mirage July 17 and the elimination of 3,000 rooms from the market will create opportunities for neighboring properties... more
Las Vegas airport sets April record with 4.88 million passengers
The Las Vegas airport set an all-time April record for passengers just as the state of Nevada set an all-time April high for gaming... more
Las Vegas: $100 million redo of Mandalay Bay Convention Center finished
MGM Resorts International on Thursday announced it has completed a $100 million makeover of the Mandalay Bay Convention Center. The remake... more
Nevada’s record April gaming numbers bolster summer expectations: analysts
Las Vegas casinos, especially those serving higher-end customers, could be in for a good summer, if Nevada’s all-time April record... more
Las Vegas room rates trend up as summer visitors flock to the city
As Las Vegas handles a Memorial Day weekend crowd projected at nearly 350,000 visitors spending more than $430 million, surveys show room... more
