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Articles tagged “las vegas”
Tropicana’s $308 Million Sale Latest in String of Vegas Resort Deals
The Tropicana is no longer the shiniest resort on the Las Vegas Strip, but it gives Bally's Corp. a much-desired presence in the heart of Sin City.
Cameron Sperance |
Convene Is Counting on Hybrid Meetings Sticking Around to Fuel Its Recovery
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.
Matthew Parsons |
MGM’s Race to Diversify Beyond Casino Resorts Shows Early Strength
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?
Cameron Sperance |
Sheldon Adelson’s Legacy Changed Resorts and Casinos Forever
Las Vegas has Sheldon Adelson to thank for its lucrative convention center-casino-hotel model.
Cameron Sperance |
New Non-Gaming Vegas Hotel for Biz Travelers Will Rely on 1960s Design
This developer is breaking the tradition in hotel design, and going after an unpredictable market. What are the odds of this working out?
Matthew Parsons |
Allegiant Air Is Bleeding Red Ink So Why Is It Optimistic?
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.
Madhu Unnikrishnan |
Skift Meetings launch
Las Vegas Can Now Host Conventions With Up to 1,000 Attendees
Las Vegas Resorts Scramble for New Strategies Amid 4th Straight Month of No Conventions
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.
Cameron Sperance |
MGM Resorts to Lay Off 18,000 Staffers Beginning Monday
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.
Cameron Sperance |