For years, one of the biggest and most impressive gambling venues ever designed has been under construction in Las Vegas. Gambling fans have been eagerly waiting to hear when this property would finally open its doors to the public. This week, reports confirmed the opening date of Resorts World LV for June 24.
This is expected to be a casino-resort for the ages. Now is a great time to talk about some of the details of this venue. We’ll also discuss how this property will help Las Vegas moving forward.
Here’s what you need to know!
Las Vegas Casinos Brace for a Busy Summer
The casino industry in Las Vegas is beginning to bounce back. For many analysts, this is happening sooner than expected. Effective vaccine distribution has led to a major surge of travel around the country and many are choosing to visit Las Vegas.
We’re in April and tourism rates in Las Vegas are already beginning to surge. Hotel occupancy levels are increasing and gaming revenue is going up. It’s fantastic news for the casino companies based in this city.
To make things even better for these companies, Governor Sisolak recently announced that capacity limits in Las Vegas will soon reach 100%. This is expected to happen during the first week of June. Many feel this will also result in a major tourism spike.
All of the casinos in Las Vegas are preparing for a busy summer. This is always the busiest time of the year for the city. With restrictions being lifted and the health crisis in the US improving, it seems likely that this will be a hugely successful season for the city’s casinos.
Live sporting events should also help to boost tourism rates here. The UFC recently announced it is hosting the McGregor vs. Poirier trilogy fight in front of a sold-out crowd at the T-Mobile Arena in Las Vegas. This is likely one of many big fights the promotion plans to hold in the city in front of a live audience this year.
The opening of new properties is also taking place this summer. Here’s what we know about the grand opening of Resorts World Las Vegas!
The Opening Date of Resorts World LV is Set for June 24
For years, gambling fans have been asking when Resorts World Las Vegas would finally open its doors. This property has been under construction since 2017. At $4.2 billion, this is the most expensive casino-resort ever opened in this city.
Eventually, news broke that this new casino would be opening its doors over the summer. It was extremely exciting news for many to hear. Interestingly, the owners of this venue were hesitant to release an official date for their property to begin accepting guests.
The opening date of Resorts World LV was finally revealed this week. To the delight of many casino fans, this venue will finally be opening to the public on June 24. Scott Sibella, President of Resorts World Las Vegas, sent out a press release discussing the opening of this new casino-resort.
“We are filled with gratitude and excitement as we approach our opening this June and hope to play a role in Las Vegas’ rebound after what has been an incredibly challenging year for the destination and greater hospitality industry,” he said. “After years of planning and constructing this monumental property with some of the most innovative partners in the industry, Resorts World Las Vegas will redefine the hospitality standard in Las Vegas with unmatched dining and entertainment, more variety of hotel accommodations than anywhere else on the Strip, and the city’s most progressive technology.”
This is huge news for this property and the city of Las Vegas. This is expected to be one of the most exciting gambling venues to ever open in the US. Many analysts expect it will help to significantly boost tourism into Las Vegas.
It’s a huge moment for Las Vegas. The opening date of Resorts World LV is now less than two months away. Stay tuned for more updates on this property over the next couple of weeks!
Atlantic City is Seeing Gaming Revenue Increases
New Jersey is home to the country’s biggest East Coast gambling hub. Some massive gaming venues are operating over in Atlantic City. The past year has been extremely difficult for the owners and employees at these venues.
Atlantic City’s casinos were ordered to shut down back in March of last year. It took months for any of them to open their doors again. Overall, gambling revenue dropped by 80% over the entire course of 2020.
Fortunately, things are bouncing back in a big way here. Tourism into the city has been steadily increasing. Gambling revenue has been surging too and the state’s sports betting handle once again increased during the month of March.
Many of the casino companies here are beginning to prepare for major increases in tourism over the summer months. Revenue is expected to increase, too. The Ilitch family has even decided to invest a huge amount of money into the Ocean Casino Resort.
This venue is making some big changes. Reports have confirmed that this venue will soon go under a $15 million renovation. It’s clear that this property expects some massive revenue increases over the next few months. Stay tuned for updates!
Are you excited to hear about the opening date of Resorts World LV? Do you plan on visiting this venue? Let us know in the comments section below!