MGM Resorts International is one of the biggest casino companies in the United States. Over the past six months, this company has been working hard to reopen its various casinos around the world. Now, all MGM Resorts properties are open to the public.
Things are far from normal for MGM, though. This company is still seeing its revenue earnings significantly lower this year than it was in 2020. Today, we’re going to take a look at the final two properties left for MGM Resorts to reopen.
Let’s get into it!
Las Vegas Casino Companies Work to Bring Back Conventions
The city of Las Vegas is known primarily as a major casino and tourism destination. Over the past few decades, it’s also turned into a massive business hotspot. Many business leaders from around the country often meet here to discuss their future plans.
It’s not uncommon for massive business conventions to take place here. Hundreds of thousands of individuals used to flock to this city every year to take part in these conventions. Unfortunately, these huge meetups have been prohibited for almost all of 2020.
As most are aware, the casinos in Las Vegas all shut down back in March. It was an unprecedented move and cost the city an untold amount of revenue. Finally, in June, Governor Sisolak gave permission for the casinos to open their doors again.
Recently, several of the biggest casino companies in Las Vegas began pushing to bring back conventions. That includes MGM Resorts and Wynn Resorts, both of whom feel safely allowing conventions will help the city recover. City officials are now reviewing this request and will make a decision sometime over the next couple of weeks.
The logic here certainly makes sense. MGM Resorts properties would likely benefit greatly if conventions are allowed to resume in the city.
Fortunately, this company has now reopened all of its gambling venues.
The Final Two MGM Resorts Have Finally Reopened
The entire US casino industry has been hurting this year. Nevada wasn’t the only state to shut down its casino industry. In fact, every state around the entire country forced its casinos to close to the public.
All eyes have been on Las Vegas, though. This city remains the largest gambling destination in the United States. Even today, there are many world-class gambling venues in Las Vegas that have still not opened back up.
Don’t include MGM Resorts in that list, though. Officials within this company have been working extremely hard to get their hotel-casinos up and running again. This week, the final two MGM Resorts properties left closed finally began accepting guests again.
It’s a major accomplishment for this gambling operator. Many of the country’s largest casino companies still have numerous properties closed down. Some, including Station Casinos, recently announced that some of their closed hotel-casinos will never reopen.
It will be interesting to see MGM Resorts’ revenue reports for the month of September. New reports showed that casino revenue in Las Vegas has slowly increased each month. It seems likely that September will be the most successful month for the company since March.
Will some of the new regulations set in place here help to bring in more players.
Non-Smoking Casinos May Help to Boost Tourism in Las Vegas
Las Vegas is home to many of the very best casino-resorts in the world. For decades, smoking has been allowed in almost all the casino-resorts here. Health experts have complained about this rule and many have called for more restrictions towards smoking.
Obviously, the calls to ban smoking in Las Vegas casinos have intensified in recent months. Many have expressed fear that this is now a matter of public safety. There’s been serious discussion over whether or not to ban smoking for months.
Not long ago, news broke that Park MGM will officially prohibit smoking after reopening to the public. This venue is known as one of the most popular of MGM Resorts properties. Park MGM officially opened back up this Wednesday, September 30th.
Some believe this will help to boost visitation rates into Park MGM. Many other casino-resorts are now interested in prohibiting smoking, as well. There have been several reports that smoking will soon be prohibited in some of the other casinos on the Las Vegas Strip.
It’s already happening! Officials at the Cosmopolitan Casino-Resorts recently decided to ban smoking in all public walkways. Many have praised the move and feel it’s now time to set a blanket ban on smoking inside casinos while the pandemic remains ongoing.
MGM Resorts’ last two properties have finally opened back up to the public. Do you plan on visiting any of the company’s venues this year? Let us know in the comments section below!