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Showing posts from April, 2020

The Best Neighborhoods in Las Vegas to Spend a Weekend - Thrillist

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The Best Neighborhoods in Las Vegas to Spend a Weekend - Thrillist The Best Neighborhoods in Las Vegas to Spend a Weekend - Thrillist Posted: 02 Feb 2020 12:00 AM PST Las Vegas is one of the fastest growing destinations in the country right now with new neighborhoods popping up nearly as fast as lawyer commercials on TV. Its residential evolution is influencing what's possible for tourism, whether it's the dining scene or attractions that are shifting away from casino culture. Just look at the sudden emergence of Vegas as a sports town with the success of the Golden Knights and the pending arrival of the Raiders -- something that couldn't be possible with a city dominated by tourists alone.  More people are also discovering the natural surroundings of Southern Nevada. Some have been around all along (hello Red Rock Canyon), some are disappearing slowly (goodbye Lake Mead). But Vegas has more opportunities than ever. It's

MGM Resorts CEO Says Las Vegas Strip Reopening Will Start With Two or Three Casinos - The Wall Street Journal

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MGM Resorts CEO Says Las Vegas Strip Reopening Will Start With Two or Three Casinos - The Wall Street Journal MGM Resorts CEO Says Las Vegas Strip Reopening Will Start With Two or Three Casinos - The Wall Street Journal Posted: 30 Apr 2020 04:53 PM PDT Once the Las Vegas Strip is cleared to reopen, MGM Resorts International will open two or three of its casinos, including the flagship Bellagio, as part of a gradual relaunch, acting Chief Executive Bill Hornbuckle told Wall Street analysts. MGM Resorts, the biggest operator on the Strip with about a dozen properties, will have the Bellagio to compete with other high-end properties reopening at the same time, Mr. Hornbuckle said, and the New York-New York casino could be chosen as a lower-priced offering. Casinos will open... You are subscribed to email updates from "mgm las vegas address,mgm las vegas grand,mgm las vegas nevada" - Google News . To stop receivin

Itching to visit Las Vegas again? MGM Resorts says these Strip hotels will reopen first - USA TODAY

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Itching to visit Las Vegas again? MGM Resorts says these Strip hotels will reopen first - USA TODAY Itching to visit Las Vegas again? MGM Resorts says these Strip hotels will reopen first - USA TODAY Posted: 30 Apr 2020 06:46 PM PDT CLOSE Slot machines are powered down, casinos boarded up and barricaded. Amid the coronavirus pandemic, instead of hosting throngs of visitors for one of the busiest seasons of the year, Las Vegas is trying to survive. (April 26) AP Domestic When will travelers be able to slide $20 bills into a slot machine, feast at a celebrity restaurant or see a show in Las Vegas again? MGM Resorts, operator of a dozen properties in the gambling and entertainment capital, can't answer that question because the decision rests in the hands of state and local officials weighing when to lift coronavirus restrictions . But on the company's quarterly earnings conference call Thursday,

MGM Resorts Is Still Intrinsically Worth $29 Per Share Despite COVID-19 - Seeking Alpha

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MGM Resorts Is Still Intrinsically Worth $29 Per Share Despite COVID-19 - Seeking Alpha MGM Resorts Is Still Intrinsically Worth $29 Per Share Despite COVID-19 - Seeking Alpha Posted: 30 Apr 2020 12:42 PM PDT We're infatuated with MGM Resorts ( MGM ) as the recent sell-off creates an opportunity to buy the best in class gaming operator for the first time in a decade. If you've ever traveled to Las Vegas to game, or perhaps attend a convention, there's a 50% likelihood that you've stayed at one of MGM's numerous resorts along the Vegas strip. We anticipate that the priced-in impact from COVID-19 seems exaggerated and the likelihood of insolvency is low. Not to mention, the deep value thesis we have on the company suggests that the stock is heavily undervalued relative to the replacement cost of the portfolio (using recent construction cost data), and the implied market value of the portfolio when based on recent lease-back