Metrics like foot traffic, gaming revenue and occupancy rates in the Reno area are closing in on pre-pandemic levels ahead of Clark County.
Bailey Schulz
Business reporter
Email: bschulz@reviewjournal.com
Phone: (702) 383-0233
Bailey joined the Las Vegas-Review Journal’s business desk in April 2018. She previously worked with the paper in the summer of 2017 as an intern. Prior to her return, she was an intern on Bloomberg News’ energy team. She grew up in Iowa and graduated from the University of Nebraska-Lincoln with a bachelor of journalism degree in 2017.
Nobu Hotel at Caesars Palace is offering guests the opportunity to get in a workout on a Peloton bike right in their room, but it comes with a price.
Las Vegas meetings and conventions have been operating on a small scale, but things are looking up in the second half of the year.
The off-Strip property is set to open March 25 with no resort fees, complimentary self-parking and free Wi-Fi. Parking will be available at two parking garages located off Harmon Avenue and Paradise Road.
It’s welcome news for the Reno-based casino operator, which had fourth quarter results negatively impacted by COVID-19 restrictions across several states.
After taking a nosedive in early 2020, casino operators’ share prices are close — if not already beyond — pre-pandemic levels.
Hotel workers should get an early shot at COVID-19 inoculation, according to the latest guidance from the Centers for Disease Control and Prevention.
The company, which is landlord to numerous gaming companies, isn’t finished yet. “We’ll continue to turn over every rock and look at opportunities in all of the gaming markets,” Vici President and Chief Operating Officer John Payne said during a Friday morning earnings call.
The partnership will allow MGM Resort International’s BetMGM and Topgolf Entertainment Group to collaborate on marketing and promotional offers, and is designed to help both companies reach new audiences.
Mandalay Bay, Park MGM and Mirage are set to operate 24-7 starting March 3, thanks to increased interest in travel to Las Vegas, according to a Wednesday news release.
The national gaming industry’s revenues fell 31 percent to $30 billion in 2020, according to a Wednesday report from the American Gaming Association.
MGM Resorts International’s affiliated real estate investment trust reported $91.3 million in net income in the fourth quarter of 2020, up 25 percent year-over-year.
Businesses across the Las Vegas Valley received the green light to loosen their operating restrictions on Monday, with many allowed to surpass 25 percent capacity for the first time since November.
Merging with a blank-check company is the latest trend for private companies ready to hit a stock exchange, especially for those in high-growth industries such as online gaming.
A new craps game at Harrah’s Las Vegas, Roll to Win Craps from Aruze Gaming America Inc., combines the traditional dice game with a large LED screen and electronic bets.
