MGM Resorts International posted record pre-tax earnings at its Las Vegas properties in the second quarter, the company said in a release.
Casinos & Gaming
The Hard Rock Las Vegas, which is in the process of replacing The Mirage on the Strip, has installed casino veteran Joe Lupo as its future president.
Caesars Entertainment recorded an all-time-best adjusted pre-tax earnings in Las Vegas in the second quarter and is poised to break a yearly hotel revenue record.
The visitor won in a 7-card “Straight Flush” while playing Pai Gow.
The win was one of several recent hits across the Las Vegas Valley.
Caesars Entertainment is celebrating its 56th anniversary this week with deals designed to entice travelers to visit its properties all the way to the end of May.
Analysts aren’t convinced there will be a tourism and revenue rebound anytime soon even though casinos have reopened and some restrictions are being lifted Tuesday.
In addition to crowning the overall season champion, the Westgate SuperContest will feature six three-week contests, three six-week contests and two nine-week contests.
Performers at Thursday’s event will include Dave the Clown, trapeze artists the Flying Poemas and “America’s Got Talent” acrobat Uzeyer Novruzov.
The win was the company’s first pai gow progressive jackpot since July 2021.
The symbols line up, or the clinching card is flipped over. Bells go off. Lights flash. There’s a scream, and then you realize it’s you that is screaming.
Another set of storms may have disrupted events Friday night across the Las Vegas Valley. It did not stop life-changing jackpots from hitting.
Gaming & Leisure Properties Inc., a real estate investment trust affiliated with Penn National Gaming, operators of the Tropicana, reported higher revenue and net income.
Thursday night’s storm showed that even Las Vegas casinos can’t escape the wrath of Mother Nature.
Vici Properties and its tenants will weather any short-term storm, CEO Ed Pitoniak said on a conference call Thursday to discuss second-quarter earnings.
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