Tag: Las Vegas
The Mirage to host ceremony before closing Wednesday morning
The Mirage Hotel & Casino will host a closing ceremony Wednesday two hours before the iconic Strip resort closes. Unlike the Tropicana... more
Analyst optimistic on Las Vegas second-quarter earnings
Wall Street analyst David Katz has “more bullish expectations” for second-quarter earnings, based on strength in Las Vegas, as Jefferies... more
Golden Entertainment’s Strat could benefit from Mirage closing
CBRE has lowered its second-quarter earnings estimate for Golden Entertainment, due to strong competition in the Las Vegas locals’ market.... more
Wall Street Bets: Analysts take on FanDuel/DraftKings, REIT stocks, LV Strip room rates
DraftKings, Flutter/FanDuel According to Jefferies analyst David Katz in a July 7 note, the dynamics surrounding Flutter/FanDuel and... more
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
