Convene CEO Ryan Simonetti thinks his new digital venture could morph into a $100 million-a-year business. His competitors may have something to say about that.
MGM Resorts may see plenty of growth opportunities with online gaming platforms. But what happens to its tens of thousands of hotel rooms when more people gamble from the comfort of their own living rooms?
Allegiant said it saw the "end of history" on March 1, but its focus on domestic, primarily leisure flights gives it cause for optimism. Still, the airline doesn't think a meaningful recovery will occur until sometime next year at the earliest.
Las Vegas casino resorts are seeking creative alternative revenue streams while convention travel is bottomed out, but it's highly unlikely anything will match the dollars associated with a mammoth, multi-day event.
MGM laying off 18,000 workers is the latest testament that Las Vegas needs more than slot machines and poker tables to keep resorts running at pre-pandemic performance levels.