#Las Vegas Convention and Visitors Authority

Review Journal

Dubai to pass Las Vegas hotel room inventory

While Dubai is on track to surpass the number of hotel rooms in Las Vegas, a Southern Nevada gaming and hospitality industry analyst who knows the United Arab Emirates landscape well says it shouldn't become a major competitor as long as Las Vegas continues to invest in its infrastructure. "As long as Las Vegas stays on its game, nothing will be…
Land-based
Dubai to pass Las Vegas hotel room inventory
Northern Nevada Business Weekly

Nevada casinos set single-month revenue record in July

So much for a gaming revenue slowdown. Nevada's casino industry set a single-month record in July with more than $1.4 billion in casino earnings, fueled by elevated revenue from slot machines statewide and the highest hold percentage on baccarat wagers by Strip casinos in 20 years. After seeing statewide gaming revenue decline in three out of the…
Finance
Super Slots
Nevada Appeal

Casinos set revenue record; Washoe tops $100M

So much for a gaming revenue slowdown. Nevada's casino industry set a single-month record in July with more than $1.4 billion in casino earnings, fueled by elevated revenue from slot machines statewide and the highest hold percentage on baccarat wagers by Strip casinos in 20 years. After seeing statewide gaming revenue decline in three out of the…
Finance
Casinos set revenue record; Washoe tops $100M
The Nevada Independent

Nevada casinos set a single-month revenue record of $1.4B during July

So much for a gaming revenue slowdown. Nevada's casino industry set a single-month record in July with more than $1.4 billion in casino earnings, fueled by elevated revenue from slot machines statewide and the highest hold percentage on baccarat wagers by Strip casinos in 20 years. After seeing statewide gaming revenue decline in three out of the…
Finance
Nevada casinos set a single-month revenue record of $1.4B during July
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Review Journal

New selfie, video policy being tried at local MGM resort properties

It's well established that casino companies have been looking for ways to entice younger players into their gambling halls. They've tried offering new games, establishing special zones within the casino with music and a vibe that appeals to the younger crowd and serving food and drinks that connect more with Gen X'ers, millennials and Gen Z'ers…
Land-based
Review Journal

Temporary casino to be open eight hours Tuesday at The Beach site

A pop-up casino in a tent will open for eight hours on Tuesday as Marriott International seeks to preserve a grandfathered non-restricted gaming license connected to the street corner that formerly was home to The Beach nightclub. But the Nevada Gaming Commission on Thursday told Marriott's legal representative that preserving the license can't go…
Law
The Nevada Independent

Indy Gaming: Las Vegas Sands casino expansion effort in Texas fails again

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz Casino legalization efforts in Texas…
Law
Indy Gaming: Las Vegas Sands casino expansion effort in Texas fails again
KTNV Las Vegas

Forbes: Red Rock Casino named best overall hotel in Las Vegas

LAS VEGAS (KTNV) - What are the valley's top hotels? According to Forbes, the best overall hotel is Red Rock Casino. Forbes said they made their selections based on things like luxury, family-friendliness, amenities, pet-friendliness, and what age groups would enjoy them the most.
Travel
Forbes: Red Rock Casino named best overall hotel in Las Vegas
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96.3 KKLZ

Tourist Spending In Las Vegas Breaks The Record

Tourist spending in Las Vegas continues to rise, as figures released earlier this week by the Las Vegas Convention and Visitors Authority (LVCVA) confirm that the previous record set in 2019 was surpassed in 2022. According to an article written by Bryan Horwath on KTNV.com, tourist spending in Las Vegas reached $45 billion dollars last year,…
Travel
Review Journal

Las Vegas is no longer a ‘value destination.’ But visitors keep coming

I always get a chuckle out of hearing longtime Las Vegas residents yearning for the days when the mob ran the city's casinos instead of corporations. Sure, it's disappointing to see the long list of perks that bring customers to resorts continually eroding. But at least you don't have to worry about being buried in a hole in the desert. Several…
Travel
Las Vegas is no longer a ‘value destination.’ But visitors keep coming
The Nevada Independent

Southern Nevada casinos fuel Nevada to a record-breaking February

Depending on where you look, February was either another stellar month for Nevada gaming revenue or the second consecutive monthly decline in casino revenue totals. Statewide, Nevada casinos collected nearly $1.24 billion in gaming revenue during February, the highest figure ever recorded for the month, the Gaming Control Board said Tuesday. The…
Finance
Southern Nevada casinos fuel Nevada to a record-breaking February
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Review Journal

North Las Vegas Strip showing more signs of life; developers buy land for $125M

The north edge of the Strip was a bleak place a decade or so ago. Las Vegas' real estate meltdown left this stretch of the casino corridor with halted megaresort projects, sprawling land tracts where big developments never took shape, and little foot traffic. As a cigar shop owner there told me at the time, it was a "huge economic cemetery." The…
Land-based
North Las Vegas Strip showing more signs of life; developers buy land for $125M
HNR Hotel News

Las Vegas Casino and Hotel Market Outlook 2023

Las Vegas’s 38.8 million total visitors in 2022 was roughly 91.3% of 2019 levels and only 4.1 million below the peak number of visitors in 2016. Gaming revenue for Clark County in 2022 was $12.8 billion, a new record for the market. Statistics from the Las Vegas Convention and Visitors Authority reflect 43.6 million total occupied room nights for…
Land-based
Hospitality Net

HVS Las Vegas Casino and Hotel Market Outlook 2023

Las Vegas's 38.8 million total visitors in 2022 was roughly 91.3% of 2019 levels and only 4.1 million below the peak number of visitors in 2016. Gaming revenue for Clark County in 2022 was $12.8 billion, a new record for the market. Statistics from the Las Vegas Convention and Visitors Authority reflect 43.6 million total occupied room nights for…
Land-based
Review Journal

Developers look to north Las Vegas Strip for expansion

Developers Brett Torino and Paul Kanavos have teamed up to build retail projects in the heart of the Strip, bringing shopping and dining outposts to a section jammed with tourists. Now they're looking to expand to the northern edge of Las Vegas' famed casino corridor - a quieter area that's been seeing more action. The Las Vegas Convention and…
Land-based
Developers look to north Las Vegas Strip for expansion
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iGaming Business

More bullishness for Las Vegas in 2023 after records set in 2022

The optimism started with a strong finish to 2022 that had Nevada breaking its 2021 gaming revenue record by the time November ended. By the end of December, Nevada had recorded 22 consecutive months in which gaming revenue exceeded $1bn. The 2022 figure of $14.8bn was 10.5% higher than in 2021. But what topped it off was how the Strip, in one of…
Travel
More bullishness for Las Vegas in 2023 after records set in 2022
Review Journal

Fontainebleau on Las Vegas Strip is biggest hotel project in U.S.

Towering over the north Strip, Fontainebleau Las Vegas has not only been in the works for a long time, it's by far the biggest hotel being built in the nation. But as a reminder of the intense competition here, several other casino-resorts on Las Vegas Boulevard can house more guests. Boasting 3000-plus rooms, the Fontainebleau is the largest…
Land-based
Fontainebleau on Las Vegas Strip is biggest hotel project in U.S.
The Nevada Independent

Primm casinos reopen as ownership plots course to recapture the market

Guests looking to view the bullet-riddled Bonnie and Clyde death car inside Whiskey's Pete's Hotel Casino were confused. The historic V-8 Ford, in which notorious criminals Bonnie Parker and Clyde Barrow perished in a shootout with law enforcement in 1934, was missing from where it had been displayed since the late 1980s in the Primm casino. It…
Land-based
Primm casinos reopen as ownership plots course to recapture the market
missoulacurrent.com

Expert: Lawsuit over room price-fixing at Vegas casinos frivolous

LAS VEGAS (CN) - A University of Nevada, Las Vegas professor who specializes in the hospitality industry called a recent federal class action claiming collusion between major casinos regarding the price guests pay for hotel rooms on the Las Vegas Strip "frivolous." "Based upon what I know about the Rainmaker revenue management system, because I'm a…
Law
Expert: Lawsuit over room price-fixing at Vegas casinos frivolous
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commercialsearch.com

REITs Lead Charge to Consolidate Casino Real Estate

The slowdown in transactions across commercial real estate as a result of higher interest rates is unlikely to dramatically change in the near term as the question of value continues to plague buyers, sellers and lenders. But properties that house gaming operators are proving the exception. Not only did casino tenants pay rent when closed during…
Land-based
REITs Lead Charge to Consolidate Casino Real Estate
96.3 KKLZ

2022 Good Year For Las Vegas Casinos

Tourism up. Gaming up. Conventions up. Reports are showing that 2022 was a good year for Las Vegas casinos. According to an article written by Ken Ritter for The Associated Press, and posted on TulsaWorld.com, the Las Vegas Convention and Visitors Authority is reporting a 20% increase in the number of visitors to our city from 2021 to 2022. In…
Land-based
Review Journal

Las Vegas casinos, tourism got a big boost in 2022

Las Vegas saw 38.8 million visitors last year, a 20.5 percent boost compared with 2021. But the double digit percentage increase was not enough to beat the city's 2016 record of 42.9 million visitors. The Las Vegas Convention and Visitors Authority also reported Tuesday that the city had more than twice the number of convention attendees in 2022…
Sports
Las Vegas casinos, tourism got a big boost in 2022
Nevada Appeal

Nevada casinos close out 2022 with record gaming revenue figures

Nevada's casino industry set annual gaming revenue records statewide and on the Strip when November's figures were counted. December's response? "Not so fast." Fueled by a single-month record for the Strip in December, Nevada finished 2022 with more than $14.8 billion in gaming revenue, blowing past 2021's $13.4 billion by 10.5 percent, the state's…
Finance
Nevada casinos close out 2022 with record gaming revenue figures
Fox 5 Vegas

America’s casinos off to their fastest 2-month start ever

ATLANTIC CITY, N.J. (AP) - America's commercial casinos are off to their best two-month start ever, the latest indication the industry is recovering in the third year of the coronavirus pandemic. Figures released Tuesday by the American Gaming Association, the gambling industry's national trade association, show that revenue from in-person casino…
Finance
News-Daily

Las Vegas Strip Gets a Dangerous Warning

Covid, M-Pox, RSV, and other illnesses could not keep the Las Vegas Strip Resort Casinos down, but a new development might be a major problem. While the covid pandemic closed the Las Vegas Strip, that closure almost seemed to create an opportunity for major resort casino operators to make changes. MGM Resorts International (MGM) - Get Free…
Land-based
Las Vegas Strip Gets a Dangerous Warning
The Street

Big Las Vegas Strip Casino Deal Cancelled

Nothing happens quickly or easily on the Las Vegas Strip. If you decide to build or buy on the Strip, you have elected to compete with the giants of the casino business -- Caesars Entertainment (CZR) - Get Free Report, MGM Resorts International (MGM) - Get Free Report, and Wynn Resorts (WYNN) - Get Free Report -- not to mention some of the huge…
Land-based
Big Las Vegas Strip Casino Deal Cancelled
The Street

This Is No Longer a Crime on the Las Vegas Strip

People come to Las Vegas to do things they might never do at home. Some of those can be pretty benign. You might stay up later than you normally do, imbibe a little more, or eat a few extra-extravagant meals. And, of course, Las Vegas has legal gambling and recreational cannabis with consumption lounges on the way. Las Vegas may not embrace the…
Land-based
This Is No Longer a Crime on the Las Vegas Strip
KTNV Las Vegas

Las Vegas hotel rates break records in October

Posted at 11:27 AM, Nov 30, 2022 LAS VEGAS (KTNV) - 3.6 million people visiting Las Vegas in October paid record amounts for hotels. According to the Las Vegas Convention and Visitors Authority, the average daily room rate jumped to $209.89 in October, which broke a record. That's more than 20% up from September's average daily room rate of…
Land-based
Las Vegas hotel rates break records in October
The Street

Las Vegas Strip Welcomes an Unlikely Major New Attraction

Las Vegas wants you to leave the kids at home. After a failed effort in the 1990s to open up Sin City to all ages by adding theme-park-style attractions at a number of resort casinos, the city made a hard pivot away from that in 2003. That's when the Las Vegas Convention and Visitors Authority launched a new adult-oriented marketing campaign based…
Land-based
Las Vegas Strip Welcomes an Unlikely Major New Attraction
The Street

New Las Vegas Strip Casino Offers Something Caesars, MGM Don't

Resorts World Las Vegas wants to crash the party and change the focus of the Las Vegas Strip. At the moment, the gleaming, massive new resort sort of sits as an island on the North Strip. It's not far from Circus Circus and the new Fontainebleau, which will open in 2023, sits close by as well, but right now, Resorts World exists as an oasis on an…
Land-based
Review Journal

Influencers cash in on Las Vegas, creating buzz

Francine Maric was inside The Venetian standing near a slot machine in the high-limit slot room, waiting for a handpay, when someone walking by recognized her. The man whispered to his friends, and one of them tapped the shoulder of Francine's husband, Miran, who was standing several feet away from Francine, and asked: "Is that the girl from…
Industry
Influencers cash in on Las Vegas, creating buzz
The Street

Classic Las Vegas Casino Makes a Change No Strip Casino Has Embraced

In the mid-1990s Las Vegas made an ill-fated effort to market itself as a family destination. That move made some sense, as the city does have a sort of overgrown-theme-park feel, In fact, the then-new MGM Grand casino/hotel had an actual amusement park built on its property to give kids something to do while their parents were gambling. At the…
Land-based
Times Colonist

Nevermind the gambling, Las Vegas is a foodie paradise

While it's impossible to experience all Sin City has to offer on the culinary scene, it's definitely fun trying. Las Vegas, The Entertainment Capital of the World, is now more than ever deserving of a new moniker - World Culinary Destination. While many visitors still come for the shows, concerts and sporting events, foodies are flocking to the…
Land-based
Nevermind the gambling, Las Vegas is a foodie paradise
CNBC

Big Las Vegas property owner to take full ownership of two casinos

The largest property owner on the Las Vegas Strip is doubling down and taking full ownership of the MGM Grand Las Vegas and Mandalay Bay, which the deal values at $5.5 billion. VICI Properties, a real estate investment trust based in New York, has agreed to buy Blackstone's 49.9% stake in the two Las Vegas casino resorts. VICI currently owns a…
Land-based
Big Las Vegas property owner to take full ownership of two casinos
Penn Live

America’s casinos betting on ‘sustained momentum’ after great start to 2022

ATLANTIC CITY, N.J. - America's commercial casinos are off to their best two-month start ever, the latest indication the industry is recovering in the third year of the coronavirus pandemic. Figures released Tuesday by the American Gaming Association, the gambling industry's national trade association, show that revenue from in-person casino games,…
Finance
America’s casinos betting on ‘sustained momentum’ after great start to 2022
The Street

Iconic Las Vegas Casino Getting Huge Makeover

The times are changing in Las Vegas. Construction cranes seem to be a permanent part of the Las Vegas skyline at this point as casinos are built or upgraded along the Strip as well as in the emerging downtown Fremont St. area.. It's almost like a domino effect as each casino spends millions of dollars to upgrade their look, the next casino must…
Land-based
CoStar

Changes in the Cards for Iconic Las Vegas Strip After Big Hotel-Casino Deals

In the past two years, there has been a flurry of hotel investment activity in the Las Vegas market, with nearly 10 transactions achieving sale prices exceeding $1 billion. Total hotel sales volume for the past two years in Las Vegas is nearly $16.8 billion, representing 17% of the total U.S. hotel sales volume during that time frame. Las Vegas…
Land-based
Changes in the Cards for Iconic Las Vegas Strip After Big Hotel-Casino Deals
The Street

Caesars' Las Vegas Strip Failure Turns Into a Huge Win

Every inch of land on the Las Vegas Strip has become incredibly valuable. Recent sales have placed the value of a single acre at $10 million -- and that's land located on the less popular northern end of the Strip. The Las Vegas Convention and Visitors Authority (LVCVA) Board of Directors recently approved the sale and licensed use of a ten-acre…
Land-based
The Street

Caesars Las Vegas Strip Failure Turns Into a Huge Win

Every inch of land on the Las Vegas Strip has become incredibly valuable. Recent sales have placed the value of a single acre at $10 million -- and that's land located on the less popular northern end of the Strip. The Las Vegas Convention and Visitors Authority (LVCVA) Board of Directors recently approved the sale and licensed use of a ten-acre…
Land-based
The Street

Las Vegas Strip Adds Another Huge Casino Project

New hotel casino projects along the Las Vegas Strip continue to proliferate following the slowdown during the covid pandemic. Locals and visitors have gotten used to seeing cranes and construction equipment in the area, and they can expect to see a lot more in the coming months. In recent years, the 4.2 miles of the Strip had been dominated by…
Land-based
Fox 5 Vegas

Casino for Latino audience coming to Las Vegas

LAS VEGAS, Nev. (FOX5) - A casino is in the works for the Las Vegas valley is promising to be a "Latino casino for our Latino audience," creating a unique concept and tourism niche that has gained buzz nationwide. "Here in the state of Nevada, approximately 28% of our population is Latino. So we think it's time that we build a brand, an experience,…
Sports
Casino for Latino audience coming to Las Vegas
PA Home Page

A video history of Las Vegas implosions

LAS VEGAS (KLAS)- During the 1990s and well into the 2000s, Las Vegas gained a worldwide reputation for imploding older hotels and casinos to make way for newer and bigger resorts. In true Las Vegas tradition, the building implosions were an event - an epic show with each one appearing to out-implode the previous. Between 1993 to 2016, 13 major…
New Year
The Journal Record

US casinos on roll so far in ’22; Oklahoma lags

ATLANTIC CITY, N.J. (AP) - America's commercial casinos are off to their best two-month start ever, the latest indication the industry is recovering in the third year of the coronavirus pandemic. Figures released Tuesday by the American Gaming Association, the gambling industry's national trade association, show that revenue from in-person casino…
Sports
US casinos on roll so far in ’22; Oklahoma lags
Seattle Sports

America's casinos off to their fastest 2-month start ever

ATLANTIC CITY, N.J. (AP) - America's commercial casinos are off to their best two-month start ever, the latest indication the industry is recovering in the third year of the coronavirus pandemic. Figures released Tuesday by the American Gaming Association, the gambling industry's national trade association, show that revenue from in-person casino…
Sports
America's casinos off to their fastest 2-month start ever
Vegas Slots Online

Las Vegas Travel Increasing, Nearing Pre-Pandemic Levels

Las Vegas travel is nearing pre-pandemic levels as a successful rebuilding period in 2022 is entering its final stages. up 6% year-to-year but down 11% from 2019 According to travel officials, 3.2 million people traveled to Las Vegas in August, up 6% year-to-year but down 11% from 2019, the last complete year before the effects of the pandemic were…
Covid
Las Vegas Travel Increasing, Nearing Pre-Pandemic Levels
Review Journal

Mask mandate lifted in Nevada casinos

Las Vegas casinos moved swiftly after Gov. Steve Sisolak announced the immediate end of Nevada's indoor mask mandate Thursday morning, taking down signs that had stood as a reminder to guests to keep their faces covered. "It's really an exciting day. It's hard to believe that it's been almost two years since we started this process," Stephen…
Covid
Review Journal

Fontainebleau Las Vegas: New renderings give a peek inside

With Southern Nevada's convention industry still climbing back from the pandemic, Fontainebleau Las Vegas owner Jeffrey Soffer wants the long-planned resort to be a hub for conferences. The 67-story hotel-casino, which is under construction and slated to debut in the fourth quarter of 2023, will feature a pillarless ballroom spanning more than…
Covid
Fontainebleau Las Vegas: New renderings give a peek inside
Travel Off Path

Large Crowds Return To Las Vegas As Casinos Post Near Record Numbers

Large crowds of tourists have returned to Las Vegas - with the city's casinos reporting near record numbers. With the ongoing Covid-19 pandemic having had a major impact on the tourism industry worldwide, Las Vegas was no exception to this - with the 26th-most populous city in the U.S. having seen its world-renowned'Las Vegas' strip resembling…
Covid
The Nevada Independent

Slot machine play lifts Nevada to second-highest ever revenue month

Nevada casinos fell $4 million short of tying the state's single-month gaming revenue record during March, and Las Vegas Strip casinos recorded their third-highest revenue month of all time. Analysts credited the locals' gaming markets and slot machine players with driving Nevada to its 13th straight gaming revenue month of more than $1…
Finance
8 News Now

Video history of Las Vegas implosion

LAS VEGAS (KLAS) - During the 1990s and well into the 2000s, Las Vegas gained a worldwide reputation for imploding older hotels and casinos with style to make way for newer and bigger resorts. In true Las Vegas tradition, the building implosions were an event - an epic show with each one appearing to out-implode the previous. Between 1993 to 2016,…
New Year
The Street

Huge Las Vegas Strip Project Moves Closer to Reality

When Elon Musk said he planned to connect the entire city of Las Vegas by putting a network of self-driving Teslas (TSLA) under the Las Vegas Strip, the idea was met with skepticism. To be fair, the entire concept of Boring Co., Musk's futuristic high-speed tunneling project, has always fallen somewhere between genius and James Bond villain. Musk…
Land-based
Huge Las Vegas Strip Project Moves Closer to Reality
News-Daily

Las Vegas, Las Vegas Strip Guests Asked to Keep the Kids at Home

While one Strip resort is doubling down on families, more are going 21+ and the city has a message for parents. The Las Vegas Strip became known as a gambler's haven in the 1940s after its first resort El Rancho Vegas opened and was shortly followed by other hotel casinos, such as the Flamingo. The Strip expanded in the 1950s and 1960s as more…
Land-based
Las Vegas, Las Vegas Strip Guests Asked to Keep the Kids at Home
WATE

History of Las Vegas implosions

LAS VEGAS (KLAS)- During the 1990s and well into the 2000s, Las Vegas gained a worldwide reputation for imploding older hotels and casinos to make way for newer and bigger resorts. In true Las Vegas tradition, the building implosions were an event - an epic show with each one appearing to out-implode the previous. Between 1993 to 2016, 13 major…
New Year
History of Las Vegas implosions
Review Journal

Palms’ Cynthia Kiser Murphey discusses Las Vegas resort, celebrities

The expansive view from the Palms' Sky Villa suite on the 32nd floor shows off many of the things Cynthia Kiser Murphey is excited about. Looking out from one of the windows, the casino-resort's general manager points out the short shuttle ride to Allegiant Stadium, available to loyalty club members going to home football games. From another…
Travel
Palms’ Cynthia Kiser Murphey discusses Las Vegas resort, celebrities
Yogonet

Nevada casinos post $1B+ in revenue for 17th straight month; second best-ever Vegas Strip performance

Nevada's winning streak is far from over. In July, the state recorded the fourth highest monthly total in its gaming history at $1.31 billion, and the second highest ever on the Las Vegas Strip. Bolstered by visitation to Las Vegas -at its highest since the start of the pandemic-, Nevada gaming has now surpassed $1 billion in revenue for the 17th…
Land-based
Card Player

Nevada Casinos Win Over $1B For 17th Straight Month

Casinos in Nevada continue to rake in money, but revenue growth appears to be slowing. According to figures from the Nevada Gaming Control Board, the state's nonrestricted gaming licensees reported a total gaming win of $1315987732 for the month of July 2022. This amounts to a 3.17% decrease compared to July 2021, when licensees reported a gaming…
Land-based
Nevada Casinos Win Over $1B For 17th Straight Month
Review Journal

Las Vegas investigative journalist Jeff German killed

Las Vegas Review-Journal investigative reporter Jeff German, one of Nevada's most accomplished and trusted journalists, was found dead with stab wounds outside his home Saturday morning. German, whose work in Las Vegas spanned more than three decades, made a career of breaking big stories about everything from organized crime and government…
Religion
Las Vegas investigative journalist Jeff German killed
Review Journal

Las Vegas Labor Day weekend visitiation projections appear strong

Expect a lot of people to be in Las Vegas this Labor Day weekend. The traditional end-of-summer holiday usually is a big last fling for people whose children are settling into school schedules. And while none of the major tourism organizations released estimated visitation numbers, all indications point to a busy weekend with dozens of hotels sold…
Land-based
Las Vegas Labor Day weekend visitiation projections appear strong
Yogonet

Nevada casinos reach 11th $1B+ month streak in January despite Omicron outbreak

As the Nevada Gaming Control Board reported Friday, Nevada casinos set new records in January, which became the 11th straight month of $1 billion or more in house winnings, while topping early 2020 results. Properties in the state won nearly $1.1 billion in the first month of the year, an increase of nearly 42% from January 2021, and up 4% compared…
Covid
Nevada casinos reach 11th $1B+ month streak in January despite Omicron outbreak
The Nevada Independent

Indy Gaming: Bally’s says it will close purchase of Tropicana Las Vegas next month

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz More than a year after announcing a deal…
Valentine's Day
Indy Gaming: Bally’s says it will close purchase of Tropicana Las Vegas next month
Yogonet

South Strip casino and hotel Dream Las Vegas begins construction following groundbreaking attended by Gov. Sisolak

Upcoming Las Vegas Strip hotel and casino Dream Las Vegas saw its groundbreaking last Friday in a ceremony attended by representatives for developers Shopoff Realty Investments and Contour, which have partnered with Dream Hotel Group, and state officials including Nevada Gov. Steve Sisolak. The project has been described by its developers as a…
Land-based
South Strip casino and hotel Dream Las Vegas begins construction following groundbreaking attended by Gov. Sisolak
The BlackBook Motorsport

Las Vegas GP date revealed, race set to be paired with Abu Dhabi

F1 pulled off a major coup earlier this year by getting all the agreements and permissions necessary to use the Las Vegas city streets and run its cars past some of the city's major casinos. A letter of intent from Liberty Dice, a new entity created by the sport's owner Liberty Media, lays out the terms of the five-year deal for the F1 race on a…
Sports
Las Vegas GP date revealed, race set to be paired with Abu Dhabi
The Street

Forget the Mirage Volcano, Las Vegas Strip Getting New Attraction

Las Vegas has long been the land where everything is bigger than life. Nobody builds an intimate, subtle venue in Sin City and certainly not on the Las Vegas Strip where every resort casino seems designed to be more impressive than the last one. Walking or driving down the Strip at night brings an assault of neon where it's almost hard to process…
Land-based
Forget the Mirage Volcano, Las Vegas Strip Getting New Attraction
The Nevada Independent

Strip, downtown casinos propel Nevada’s 15th straight billion-dollar revenue month

Gaming revenue collected during May saw record-breaking totals for casinos in Clark County, the Strip and downtown Las Vegas, while fueling the state to its 15th straight month of $1 billion or more in gambling winnings. The Gaming Control Board said Thursday that the state's $1.3 billion in total gaming revenue was 5.7 percent higher than the…
Finance
Strip, downtown casinos propel Nevada’s 15th straight billion-dollar revenue month
Nevada Public Radio

Elvis, Rat Pack, casinos: Southern Nevada's largest archive turns 75 with 75 of its most iconic images

Las Vegas is regularly knocked for ignoring its history. But tell that to the Las Vegas News Bureau. It's said to be the largest archive of media about Southern Nevada. With more than 7 million photos and thousands of other media items, it tells the story of Las Vegas, from its largest events to its biggest performers. This year the bureau turns…
Industry
Elvis, Rat Pack, casinos: Southern Nevada's largest archive turns 75 with 75 of its most iconic images
Yogonet

Oak View Group hires two executives to drive $3B Las Vegas Strip casino complex and NBA-ready arena project

Details of a planned $3 billion entertainment district, spanning 25 acres south of the Las Vegas Strip, have now been unveiled by Oak View Group. The project is set to include an 850000-square-foot arena, casino, hotel and amphitheater. The arena could eventually be home to a Las Vegas professional basketball franchise. The project, which was, will…
Land-based
Oak View Group hires two executives to drive $3B Las Vegas Strip casino complex and NBA-ready arena project
The Street

Iconic Vegas Casino Getting Huge Makeover

The times are changing in Las Vegas. Construction cranes seem to be a permanent part of the Las Vegas skyline at this point as casinos are built or upgraded along the Strip. It's almost like a domino effect as each casino spends millions of dollars to upgrade their look, the next casino must spend money to keep up with the Joneses. The Strip is…
NFL
Iconic Vegas Casino Getting Huge Makeover
The Street

Caesars, MGM, Las Vegas Strip Get Surprising Good News

It started with March Madness and continued through the National Football League (NFL) Draft leading into what looks like a potentially record-setting summer. Las Vegas turned the corner on the covid pandemic and saw visitors flock to the Las Vegas Strip hotels operated by Caesars Entertainment (CZR) - Get Caesars Entertainment Inc. Report,…
Land-based
Caesars, MGM, Las Vegas Strip Get Surprising Good News
The Street

Good News for Las Vegas Strip Casinos May Be Bad News for You

Inflation and gas prices will be a major consideration in most people's decision whether to travel this summer and for the Independence Day holiday. A survey released on May 25 showed that 90% of people responding said gas prices and inflation would be a consideration on their decision to travel over the next three months, according to the American…
Land-based
Good News for Las Vegas Strip Casinos May Be Bad News for You
Daily Hive

10+ unforgettable bucket list things to do while in Las Vegas

If you've ever been to Las Vegas before, you know that despite most things staying open and operating nearly 24/7, there's never enough time to take advantage of everything you can do in this city during a single trip… or even a few. In fact, the list of things to get up to when you step off the casino floor is seemingly endless when it comes to…
Travel
10+ unforgettable bucket list things to do while in Las Vegas
The Nevada Independent

Indy Gaming: Nevada casino regulators call cryptocurrency a ‘complex’ topic

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz Volatile pricing fluctuations that can…
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Indy Gaming: Nevada casino regulators call cryptocurrency a ‘complex’ topic
Havasu News

Data: Overseas flights, big April events boost Vegas casinos

LAS VEGAS (AP) - Gambling in Nevada continued a 14-month hot streak in April and a return of international flights boosted travel nearly to levels seen before the coronavirus pandemic began more than two years ago, according to Las Vegas airport, tourism and state casino revenue reports. The $1.13 billion that casinos statewide reported winning…
Travel
The Nevada Independent

Recovery slows but Nevada casinos still have 14th straight billion-dollar month

Nevada casinos recorded their 14th straight month of at least $1 billion in gaming revenue during April, but the total marked the first time in more than a year the state didn't experience a double-digit increase. The Gaming Control Board said Thursday that casinos statewide collected almost $1.13 billion in gaming revenue in April, with more than…
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Recovery slows but Nevada casinos still have 14th straight billion-dollar month
Yogonet

F1 racing to debut on Vegas Strip in November 2023, promoted by major casino operators

Las Vegas has been greenlighted to host Formula One racing beginning in 2023. Formula One and Las Vegas Convention and Visitors Authority (LVCVA) officials announced Wednesday that the Las Vegas Grand Prix is slated to occur at night on a yet to be determined Saturday in November 2023, on the Vegas Strip, promoted by major gambling operators. "This…
NFL
F1 racing to debut on Vegas Strip in November 2023, promoted by major casino operators
The Street

Major Las Vegas Property Getting $600 Million Renovation

Las Vegas seemingly (and probably literally) has more major construction projects than any city in the world. At the moment, Fontainebleau Las Vegas, a project that has been on a nearly 20-year odyssey, continues its slow journey to a late-2023 opening. In addition, Caesars Entertainment (CZR) - Get Caesars Entertainment Inc Report has decided to…
Religion
Major Las Vegas Property Getting $600 Million Renovation
Vegas Slots Online

Las Vegas Agrees $19.5 Deal to Host F1 Races for 3 Years

Las Vegas will host Formula One races in 2023, 2024, and 2025 after the city's tourism body agreed on a $19.5m sponsorship deal. [Image: Shutterstock.com] The Las Vegas Convention and Visitors Authority (LVCVA) has voted in favor of bringing the Formula One Grand Prix to the world's gambling capital for at least three years. a $19.5m sponsorship…
NFL
Las Vegas Agrees $19.5 Deal to Host F1 Races for 3 Years
New Westminster Record

'March Madness' atmosphere lifts Vegas economy from pandemic

LAS VEGAS (AP) - Nevada casinos reported near-record March house winnings, while the airport in Las Vegas reported passenger traffic almost as heavy as pre-pandemic levels and tourism officials marked another big jump in visitor volume. LAS VEGAS (AP) - Nevada casinos reported near-record March house winnings, while the airport in Las Vegas…
Covid
'March Madness' atmosphere lifts Vegas economy from pandemic
Investor Place

3 Casino Stocks to Buy as Focus Shifts to Domestic Travel

With frustrations associated with the novel coronavirus reaching a fever pitch, myriad households are ready to abandon their facemasks for some fun in the sun. As several mainstream publications have reported, the concept of revenge travel - or consumers opening their wallets to make up for lost experiences - has spiked in popularity. But the…
Travel
3 Casino Stocks to Buy as Focus Shifts to Domestic Travel
Patch

🌱 Tony Hawk​'s Birthday Weekend + Downtown Las Vegas Conventions

Happy Tuesday, Las Vegas! Here's everything you need to know about what's happening in town today. First, today's weather: Partly sunny and warm. High: 90 Low: 66. �� Are you a local real estate agent? Let us help you generate leads, build your brand in Las Vegas and stand apart from the competition. Here are the top three stories in Las Vegas…
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🌱 Tony Hawk​'s Birthday Weekend + Downtown Las Vegas Conventions
The Street

Iconic Las Vegas Casino Makes a Big (Surprising) Change

In the mid-1990s Las Vegas made an ill-fated effort to market itself as a family destination. That move made some sense, as the city does have a sort of overgrown-theme-park feel, In fact, the then-new MGM Grand casino/hotel had an actual amusement park built on its property to give kids something to do while their parents were gambling. At the…
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Iconic Las Vegas Casino Makes a Big (Surprising) Change
The Street

Elon Musk's Las Vegas Strip Dream Inches Closer

Las Vegas has near-permanent traffic that gridlocks when a major trade show hits town. The trip from Harry Reid International Airport to the various hotels and casinos on the Las Vegas Strip is only a few miles, but that ride can become insufferable when any sort of event hits. And while the Strip itself runs only for 4.2 miles, it can easily…
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Elon Musk's Las Vegas Strip Dream Inches Closer
Market Screener

ADDED ART INSTALLATION TO SCHOOL GARDEN INITIATIVE AT NORTH LAS VEGAS ELEMENTARY

PLAYSTUDIOS ADDED ART INSTALLATION TO SCHOOL GARDEN INITIATIVE AT NORTH LAS VEGAS ELEMENTARY Sculptural Installation and Student Designed Mural Decorates the School's Garden. LAS VEGAS - On Saturday, March 19, Las Vegas based mobile gaming company PLAYSTUDIOS reunited with Green Our Planet at Tobler Elementary to complete the school's Outdoor…
Covid
ADDED ART INSTALLATION TO SCHOOL GARDEN INITIATIVE AT NORTH LAS VEGAS ELEMENTARY
MeetingsNet

Las Vegas C.C. Getting Several Enhancements

Transporting attendees to and from the center is getting easier, while facility upgrades are coming that will match the quality of the recently opened, 1.4-million-square-foot West Hall (pictured above). The newest major resort on the Strip, Resorts World Las Vegas, hopes to have its Boring Company tunnel linking the property to the Las Vegas…
Travel
Las Vegas C.C. Getting Several Enhancements
Vegas Slots Online

Palms in Las Vegas Ready to Reopen Ahead of NFL Draft

The Palms Casino Resort in Las Vegas will reopen on April 27, just before the 2022 NFL draft, which is being held on the Strip. [Image: Shutterstock.com] The Palms Casino Resort in Las Vegas will officially reopen this spring after it closed its doors in 2020. The San Manuel Band of Mission Indians purchased the massive property for $650m from Red…
NFL
Palms in Las Vegas Ready to Reopen Ahead of NFL Draft
Daily Mail Online

F1: Las Vegas Grand Prix confirmed for next year as racing chiefs hit jackpot with first £1bn deal

Formula One hit the jackpot in Las Vegas last night by sealing what is likely to represent the first £1billion deal in the sport's history. After months of negotiations, F1 chief executive Stefano Domenicali flew from London to Sin City's iconic Strip to announce the Las Vegas Grand Prix will join the calendar next year. In a break with recent…
Winnings
F1: Las Vegas Grand Prix confirmed for next year as racing chiefs hit jackpot with first £1bn deal