Las Vegas Raiders Bar & Grill is Coming to M Resort!

In less than a year, the Oakland Raiders will officially relocate to Las Vegas. They will become the second major professional sports team to begin playing in this city after the creation of the Las Vegas Golden Knights. This week, M Resort announced it was opening a Las Vegas Raiders Bar & Grill.

Las Vegas Raiders Logo

It’s clear that locals are excited about having an NFL team in their city. It will likely help to draw in thousands of new visitors every single year. Let’s look at what’s going on with this team right now.

M Resort Announces Las Vegas Raiders Bar & Grill

There’s still nearly a year before the Raiders officially begin playing in Las Vegas. Right now, however, many companies are working to gain sponsorship deals with the new team. In October, for example, the Raiders agreed to a deal with a California-based tribal casino operator.

Over the summer, the Las Vegas-based airline Allegiant secured a major partnership with the Raiders.

This airline company has been granted permission to put its name on the Raiders’ new $2 billion, 65,000 seat stadium. It’s being called ‘Allegiant Stadium,’ giving the company major exposure to football fans around the country. This week, the Raiders agreed to another major partnership.

M Resort was named the “Official Raiders Team Headquarters Hotel.” Moving forward, this will be the Raiders’ meeting place the night before major games. Specific terms of this deal have not been revealed.

Just a day after this reveal, officials within M Resort announced that a Las Vegas Raiders Bar & Grill was set to open. This bar and restaurant will be opening as part of the resort’s new role as the Official Team Headquarters.

According to Hussain Mahrous, general manager of M Resort, this bar will be open 24/7 and will be one of the premier places to watch sports in the hotel.

“It’ll be a great place to watch the Raiders,” Mahrous claims. “(The guest experience will be) elevated from going to a Raider game to being part of the Raiders family.” 

Raiders Fans Still Hoping for a Playoff Run

At the start of the 2019/2020 NFL season, not many football fans had high hopes for the Oakland Raiders. They entered the season as a serious Super Bowl betting underdog according to most sports betting sites. To the surprise of many, the Raiders have managed to pull off some major victories this season.

The Raiders started out with an impressive victory over the Denver Broncos. They fell short in their next two games before rattling off two more wins over the Colts and the Bears. Since that time, they’ve alternated between wins and losses yet still have a shot at earning a spot in the playoffs.

Oakland has a fairly easy schedule over the next seven weeks. Their biggest test will come against Kansas City. If they’re able to win at least four of their next seven games, they will almost surely earn a spot in the postseason.

If the Raiders struggle to generate wins for the rest of the season, the Steelers could take their place in the playoffs. The team’s recent victory over the LA Rams proved they’re capable of beating the top teams in the league.

The games this Sunday will give us a much better idea as to how things will play out.

Online Super Bowl Odds Are Now Available!

It’s an exciting time in the 2019/2020 NFL season right now. Every team is currently competing for their spot in the postseason. Bovada, one of the best US sports betting sites currently operating, is now offering odds on which team will win the Super Bowl.

The New England Patriots are still the betting favorites. They’re currently 8-1 this season and seem poised to enter into a championship spot. Bovada lists the Patriots’ odds at +250.

New Orleans is listed second in the betting odds. This team is also performing great this year. If they get past the Buccaneers this weekend, the team’s current odds of +650 may increase.

The Raiders are currently given odds of +6600 to win the 2020 Super Bowl. As we’ve already mentioned, the team has a legitimate road to the playoffs. A bet on this team would pay off massively if they manage to win the championship.

The Las Vegas Raiders Bar & Grill will soon open at M Resorts. If you’re in Las Vegas, make sure to check this new venue out!

Casino Leasebacks Could Become the Next Big Thing in Las Vegas

  • MGM Resorts sold and is leasing back the Bellagio Hotel & Casino.
  • More Las Vegas casino leasebacks could be on the horizon.
  • Eldorado Resorts is interested in selling property, too.

Not long ago, MGM Resorts sold The Bellagio to the Blackstone Group. Under the terms of this sale, the hotel-casino will be leased back to MGM Resorts, which will continue to operate the venue. Many analysts now believe that casino leasebacks could become the next big thing in Las Vegas.

Bellagio Las Vegas Hotel Casino

This move allows MGM Resorts to begin investing more money into property overseas. More companies likely recognize this and will choose to do the same. Let’s look at what this means for the future of Las Vegas.

MGM Resorts’ Sale of the Bellagio, Explained

MGM Resorts International is one of the biggest and most profitable casino companies in the world. It owns and operates many hotel-casinos in Las Vegas including the Mirage, MGM Grand, and Mandalay Bay. Recently, company officials revealed plans to sell some of the biggest venues in Las Vegas.

Eventually, news broke that MGM sold Circus Circus Hotel & Casino. The venue was purchased by Phil Ruffin, who owns several major properties in Las Vegas already. Reports indicate that Circus Circus was purchased for $825 million.

Immediately after selling Circus Circus, MGM Resorts announced that it sold the Bellagio Hotel & Casino, as well. The Bellagio is considered one of the most prestigious venues on the Strip. The Blackstone Group bought this property for an astounding $4.2 billion.

Not long after the sale was announced, details emerged that showed it would be leased back to MGM Resorts for $245 million a year. MGM Resorts will continue to operate the hotel-casino, as well.

These casino leasebacks could start becoming more common. Analysts predict more could be on the way.

Analysts Predict More Las Vegas Casino Leasebacks in the Future

Property values are continuing to rise in Las Vegas. Interestingly, more of the hotel-casinos here are owned by just a few companies. Many of these companies are now pushing to open new gambling venues overseas.

Japan, in particular, is an extremely desirable location for many casino companies. Only three casino licenses are set to be handed out here. Recent reports claim Japan could become the world’s third-largest casino market over the next few years.

Casino leasebacks could be the best way to generate revenue for these overseas investments. John DeCree, a gambling analyst for Union Gaming, believes this will soon become common in the city.

“It’s definitely a trend in the market,” he said. “As real estate investors are learning the casino industry, they’re realizing it’s a viable and stable real estate investment.”

Some companies are now claiming to be interested in this strategy.

Eldorado Resorts Likely to Sell Las Vegas Property in 2020

Earlier this year, Eldorado Resorts announced that it was acquiring Caesars Entertainment for more than $17 billion. It’s the largest merger between two casino companies in history. Eldorado Resorts is now looking at new ways to generate revenue to make up for the huge price of the acquisition.

Tom Reeg, CEO of Eldorado Resorts, said in a conference call on Wednesday that he’s interested in new real estate deals after the merger with Caesars is officially complete.

“Caesars has a lot of excess real estate both in and out of Las Vegas that could be used for future development, both for ourselves or in a partnership,” he said. “There’s lots and lots of entities that would like to get close to or on the Vegas Strip.”

Exactly which properties could be sold is unknown. It’s likely that these venues would be sold as casino leasebacks, similar to what MGM is currently doing.

It’s an exciting time in Las Vegas. More companies are now being given the opportunity to own property in this city.

More casino leasebacks could be coming soon. Stay tuned for more updates over the next few months!

OJ Simpson is Filing a Defamation Lawsuit Against LV Hotel-Casino

Not long ago, OJ Simpson stepped back into the public spotlight by creating his own Twitter account. He’s making headlines once again this week by going after one of Las Vegas’ most popular hotel-casinos. Today, we’re going to look at exactly why Simpson is filing a defamation lawsuit against the Cosmopolitan Casino-Resort.

OJ Simpson In Court

Simpson is no stranger to high-profile lawsuits. It’s interesting to now see the controversial former athlete seeking damages for defamation. Here’s what we know about this situation.

The Cosmopolitan’s Allegations Against Simpson

Back in July of 2017, OJ Simpson was granted parole after spending nine years in prison for armed robbery and kidnapping. In October of that year, he was officially released. Just one month later, he was kicked out of the Cosmopolitan Hotel & Casino in Las Vegas.

Officials within the Cosmopolitan claim that Simpson was “drunk and unruly” at a hotel bar. TMZ quickly posted a picture of him being escorted out of the hotel surrounded by security.

Not long after this news broke, Simpson and his lawyers quickly denied the allegations. Malcolm Lavergne, OJ’s lawyer, commented on the hotel’s claims to the media.

“The casino itself, they won’t comment on why they banned Mr. Simpson which I projected that they would do, but they were just saying these were wild reports. So everything other than Mr. Simpson being trespassed from property are just false. They just exercised their right to ban him,” Lavergne said.

Eventually, this story was forgotten about. Simpson seemed to have disappeared from the public spotlight. This week, OJ Simpson decided to officially file a lawsuit over this whole situation.

OJ Simpson is Now Filing a Lawsuit Against the Cosmopolitan

As we mentioned earlier, the Cosmopolitan is one of the most popular and lucrative hotel-casinos in Las Vegas. It’s home to many incredible bars that Simpson was known to frequent. Claims that OJ was drunk and unruly are completely untrue, according to a new lawsuit.

OJ Simpson has now filed a defamation lawsuit against Nevada Property 1 LLC, which owns the Cosmopolitan. He’s claiming that he was never given a reason for being kicked out of the venue. He’s denying the allegations that any hotel property was destroyed.

“To date, the Cosmopolitan has never issued any public rationale or reasoning for trespassing Simpson from the property, other than claiming it was ‘private’ property the night of the issuance of the trespass notice,” Simpson’s complains says. 

The former athlete is now asking for $30,000 in compensation. He’s also requested unspecified punitive damages and attorney’s fees.

We’ll need to wait and see how this lawsuit plays out over the next few months.

Cosmopolitan Owners Continue to Purchase LV Property

The Cosmopolitan is the most expensive hotel-casino ever constructed in Las Vegas. It first opened in 2010 and has gained a reputation as one of the hippest, most popular venues in the city. Over the years, ownership of this property has switched hands.

In 2014, The Cosmopolitan was officially sold to the Blackstone Group for $1.73 billion. Recently, this company has acquired several major Las Vegas Strip properties.

Just last month, MGM Resorts International sold the Bellagio Hotel & Casino to the Blackstone Group for $4.2 billion. It was the largest property sale in Las Vegas history.

Soon, this company could also purchase the world-famous MGM Grand. Reports indicate that MGM Resorts is planning to sell this venue in order to invest more money overseas.

It’s a fascinating time in Las Vegas. Never before have so many major hotel-casinos gone for sale.

Stay tuned for more Las Vegas casino news over the next few months!

Bleutech Park is One Step Closer to Being Constructed

Months ago, plans were unveiled for a brand new futuristic “mini-city” within Las Vegas called Bleutech Park. Developers claimed the project would cost upwards of $7.5 billion, making it one of the largest in recent history. This week, these developers agreed to purchase land for this new futuristic park.

Bleutech Park Project

It’s exciting news for supporters of this new project. Today, we’re going to look at what we know about Bleutech Park. We’ll also look at what the land agreement means for the future of this ambitious plan.

Developers Reveal Plans for New “Mini-City” Within Las Vegas

Las Vegas is no stranger to huge development projects. Right now, several massive projects are underway here, some of which are costing billions of dollars to construct. This past summer, a development company revealed its plans to construct a futuristic “mini-city” in Las Vegas.

The developers claim that the project will cost $7.5 billion to complete. This money, they argue, will go towards the construction of one of the country’s most modern new “smart cities.”

This development, called Bleutech Park, will run entirely on renewable energy sources. It will be 100% grid-independent and will feature buildings made up of energy-generating and breathable materials. A network of “supertrees” will also be used inside the park to help reduce imported water consumption by 95%.

Obviously, this project was appealing to Las Vegas city officials. A futuristic city such as this one could have a massive impact on future construction projects here.

The developers of Bleutech Park hope to start construction by December of this year. This week, the company agreed to purchase land for this incredible new mini-city.

Bleutech Park Properties Agrees to Land Deal for New Project

Since announcing the plans for this new development, Bleutech Park Properties have looked for a suitable area for construction. It now appears that they’ve found it. According to the Las Vegas Review-Journal, the company has agreed to purchase land for its new mini-city.

BPP has reached an agreement with landowners Khusrow “K” Roohani and Larry Canarelli to buy 210 acres of land at Las Vegas Boulevard and Cactus Avenue. According to reports, the deal is to buy each acre for $1.5 million. This puts the entire sale price at about $315 million.

Roohani confirmed that he’s reached a “solid agreement” with Bleutech Park Properties. It’s a low-risk deal for the landowner.

Of course, this deal has not been finalized. Several steps will need to be taken before construction can officially begin. Based on what we know so far, this could be within the next few months.

It’s exciting news to see a land purchase agreement made. As we’ve already mentioned, this isn’t the only major project coming to Las Vegas in the near future.

More Projects Being Constructed in Las Vegas

Bleutech Park is the most ambitious project proposed in Las Vegas for years. There are, however, some incredible new venues opening up here. Some of them are costing several billion dollars to construct.

Resorts World remains the largest new project under construction in this city. It’s owned by the Genting Group and is expected to open in 2020. It’s set to become one of the largest new casino-resorts in the city.

The MSG Sphere is another massive project being constructed in Las Vegas. It’s currently being made directly next to the Las Vegas Strip. It’s said to be the biggest and most high-tech entertainment venue in the city.

If Bleutech Park is constructed, it will set a new standard for LV development projects. Make sure to stay tuned for more updates on this situation over the next few months!

Caesars Entertainment Reveals a “Solid” Third Quarter

More US casino companies are releasing their financial statements. Officials within Caesars Entertainment have just revealed the company’s third-quarter reports. Fortunately, the company managed to bring in some serious revenue over 2019’s Q3.Caesars Entertainment

This company is in the middle of some major changes. Today, we’re going to look at Caesars’ third-quarter reports. We’ll also talk about what’s in store for this company in 2020. Let’s get into it!

Quarter Three Proves Successful For Caesars

This week, Caesars Entertainment finally revealed the company’s financial statements for the year’s third quarter. Some analysts were concerned that the company was losing money. It was in the middle of a complete overhaul and many were unaware of the impact that this would have.

Fortunately, things are looking great. These reports show that Caesars generated revenue of $2.24 billion during Q3. This represents a 2.3% increase from the same time period in 2018.

This company also recorded a $68 million operating loss and a net loss of $359 million. Amazingly, Caesars still brought in a profit of $110 million. This is great news for shareholders. Caesars has been working hard to generate revenue in different ways this year.

Tony Rodio, CEO of Caesars Entertainment, commented on the revenue reports to the media this week.

“We are pleased to have delivered solid financial results in the third quarter with net revenue growth across all business verticals, despite headwinds across our portfolio. Revenue performance was driven by our Las Vegas region due to increased consumer demand, with particular strength in the hotel business which continues to outpace prior years across properties. Coupled with corporate expense reductions, this led to strong adjusted EBITDA growth as well as margin expansion.”

Majority of Revenue Came From Las Vegas

Unsurprisingly, the vast majority of revenue came from Las Vegas. It’s clear that Vegas remains the true hub for this company. Revenue from Las Vegas increased by 7% to $973 million.

Gamblers appeared to be unlucky during Q3. Reports show a 17.3% rise in gambling revenue in Las Vegas during these three months. Hotel occupancy was also up three points to 95.6%.

In other parts of the country, things weren’t quite as successful. Revenue from the rest of Caesars’ US operations fell by a little less than 1%. Significant losses were reported in Atlantic City.

Caesars Entertainment’s revenue from online gambling businesses and international casinos fell by 4% to $144 million.

Quarter four should be even better for Caesars. The company is set to receive an additional $516 from the sale of the Rio Hotel & Casino in Las Vegas.

Next year will represent a massive change for this major casino operator.

Caesars Entertainment Set to Merge With Eldorado Resorts

Back in June, Eldorado Resorts announced that it was set to purchase Caesars Entertainment for an astounding $17 billion. It’s the largest merger of two casino companies in history. Initially, it was said that this merger would be finalized before the end of the year.

Things are taking longer than expected, though. Now, it appears that this deal will be concluded sometime in 2020.

These two companies must gain approval from several state gambling commissions before this deal can be finalized. The Federal Trade Commission must also approve the merger. Officials want to ensure that this deal does not create a monopoly-like situation.

Both of these companies are selling properties, too.

Based on multiple reports, Caesars Entertainment is set to be taken over by Eldorado Resorts early next year. We’ll need to wait and see how this affects the US casino industry moving forward.

Q3 proved to be successful for Caesars. 2019’s fourth quarter is likely to be even better. Stay tuned for more US casino news over the next few weeks!

Convention Attendance in Las Vegas Could Set Records in 2019

Las Vegas is known for being the convention hub of the United States. This year, convention attendance in Las Vegas could set new records. It’s clear that individuals continue to value this city as a business center.

Las Vegas Convention Center

There’s a lot to be excited about in Las Vegas right now. Today, we’re going to look at how much rates of tourism and convention attendance have increased this year.

Gambling Revenue Continues to Surge in Las Vegas

At the beginning of the year, casinos in Las Vegas were struggling to increase their gambling revenue. For several reasons, visitors to the city were not gambling as much as initially projected. This led some to claim that Las Vegas’ best days were in the past.

Much of this has to do with the rise in competition around the country. In the past, Vegas was one of the only areas of the country that allowed full gambling and sports betting options. This is no longer the case.

Many states now have fully operational commercial casinos and sportsbooks up and running. New Jersey, in particular, is experiencing a huge surge in tourism and revenue thanks to its expanded gambling options. Amazingly, New Jersey’s sports betting revenue has even surpassed Las Vegas’ on several occasions this year.

Gambling revenue has been increasing in Las Vegas for months now. September was one of Nevada’s best months in recent memory. Overall, casinos here generated more than $1 billion.

Unsurprisingly, Las Vegas generated the vast majority of this money. Clark County, in which Las Vegas lies, brought in $913.6 million. Baccarat helped to generate serious revenue for casinos in the city.

New reports now claim that convention attendance in Las Vegas is reaching an all-time high.

Tourism and Convention Attendance in Las Vegas Are Increasing

An increase in gambling revenue generally indicates an increase in tourism, as well. This theory is proving to be correct. The Las Vegas Convention and Visitors Authority has just released reports that show tourism in this city is strong.

As of the end of September, more than 31.9 million people have visited Las Vegas this year. It’s 0.6% higher than the visitor volume in 2018. There’s still a chance that 2016’s record of 42.9 million total visitors will be broken this year.

Convention attendance in Las Vegas is where things get really surprising. New reports indicate that as of now, more than 5.165 million convention attendees have visited Las Vegas this year. There’s a great chance that Las Vegas manages to break 2017’s total record of 6.646 total convention attendees.

Hotel occupancy numbers are also looking solid so far this year. The current room inventory in this city stands at 149,050. That’s not too far behind 2013’s record of 150,593. Currently, Las Vegas’ hotel occupancy level is at 89.2%. This could indicate that another record is set to be broken.

Overall, Las Vegas is having a fantastic year. We’ll simply need to wait and see how 2019’s fourth-quarter plays out.

Las Vegas Property Sales Continue

Never before have so many major Las Vegas hotel-casinos gone up for sale. It’s a fascinating time in the city. Amazingly, more major property sales are likely to take place over the next few months.

MGM Resorts claims that it’s still interested in putting properties up for sale. Not long ago, this company sold both the Circus Circus Hotel & Casino and the Bellagio Casino-Resort. The latter proved to be the largest hotel-casino sale in Las Vegas history.

Caesars has also been looking to sell some of its LV venues. The company sold its Rio Hotel & Casino to Imperial Companies earlier this year. Caesars Entertainment is scheduled to merge with Eldorado Resorts sometime in 2020.

Officials within Hard Rock International have recently claimed that they’re interested in purchasing a Las Vegas Strip property. It would be fitting, considering the Hard Rock casino in Las Vegas has now been taken over by Virgin Hotels.

There’s clearly a lot going on here. Convention attendance in Las Vegas is up and could soon break the all-time record.

Stay tuned for more Las Vegas casino news over the next few months!

The Las Vegas MGM Grand Could Soon Go for Sale

Not long ago, two of the most popular hotel-casinos on the Las Vegas Strip went for sale. Now, reports are surfacing that more of MGM Resorts’ Las Vegas could be put up for sale. Amazing, the Las Vegas MGM Grand could soon go for sale.

Las Vegas MGM Grand

This hotel has long been considered MGM Resorts’ flagship property. For many, it’s a surprise to hear that this venue could potentially be sold. Let’s look at why exactly this company is selling so many of its hotel-casinos.

MGM Resorts Recently Sells Circus Circus and Bellagio

MGM Resorts owns more hotel-casinos in Las Vegas than any other company. Recently, officials within MGM revealed plans to sell some of the company’s biggest properties. Before long, the company did exactly that.

News quickly broke that MGM had sold Circus Circus to Phil Ruffin, owner of the Treasure Island Hotel & Casino. Ruffin purchased the property for $825 million. It’s still unclear exactly what plans Ruffin has for this popular venue.

Amazingly, MGM Resorts also sold the Bellagio Hotel & Casino in October. The Bellagio is widely considered to be one of the best casino-resorts in the world. The Blackstone Group purchased this venue for an astounding $4.2 billion, the biggest hotel-casino purchase in Las Vegas history.

This is all a part of MGM’s “asset-light” strategy. Essentially, the company wants to sell properties in order to help grow the company. The money earned is used to help expand the company in the US and abroad.

Now, reports are surfacing that one of MGM Resorts’ flagship venues could soon go for sale.

Las Vegas MGM Grand Could Soon be Sold

In a conference call, CEO of MGM Resorts Jim Murren commented on the company’s new property selling strategy. Murren confirmed that the company is interested in selling the Las Vegas MGM Grand. This is all a part of the company’s strategy to “unlock” the value from different properties.

Murren claims that MGM Resorts is currently in the process of “monetizing the real estate” of the Las Vegas MGM Grand. More details of this deal are scheduled to come out over the next few months.

The MGM Grand is one of the most popular gambling venues in Las Vegas. It opened in 1993 and quickly rose to become a hotbed of the city. It features a casino floor larger than 170,000 square feet.

This property also holds a massive entertainment area. The MGM Grand Garden Arena has hosted many of the biggest sporting events in the world. A number of major combat sporting events have been hosted here.

It’s unclear how much the MGM Grand will be sold for. It will likely earn MGM resorts billions.

According to Jim Murren, even more sales are currently being discussed.

More MGM Property Sales Are On the Horizon

MGM isn’t the only company prepared to sell some of its major properties. Eldorado Resorts, which is scheduled to merge with Caesars Entertainment, is also currently in the process of selling some of its major Las Vegas venues.

MGM Resorts, however, is selling more properties than any other company. According to new reports, this company is preparing to sell several other properties including the Aria, Vdara, and MGM Springfield in Massachusetts.

Selling the MGM Springfield property isn’t entirely expected. This hotel-casino has struggled to generate revenue for many months. Much of this is due to the success of the recently-opened Encore Boston Harbor, which has captured much of the Massachusetts gambling market.

Jim Murren claims these sales will help the company break into the Japanese casino market. MGM is one of the biggest US casino companies working to obtain a Japanese casino license. The additional revenue earned from property sales may go towards an integrated resort in this country.

We’ll need to wait and see who purchases the Las Vegas MGM Grand and for how much money. Stay tuned for more updates over the next few months!

Nevada Gambling Winnings Surpassed $1 Billion in September

The state of Nevada is experiencing some massive revenue gains this year. New reports indicate that Nevada gambling winnings surpassed $1 billion last month. It’s the fifth time in 2019 that casinos here have brought in more than a billion dollars.Nevada Sign On Highway

Things are clearly going well in this state. Today, we’re going to look at which forms of gambling brought in the most money here in September. We’ll also talk about which areas of the state managed to generate the most revenue. Let’s get into it!

Nevada Proves It’s Still the Casino Capital of the US

Nevada, and specifically Las Vegas, has always been considered to be the gambling capital of the US. Recently, however, several states have expanded their gambling industries. It seemed as if some parts of the country could overtake Nevada in terms of gambling revenue.

This is beginning to seem less likely. Nevada’s Gaming Control Board has confirmed that casinos in this state won more than $1 billion in September. In total, casinos here managed to bring in $1.059 billion.

It’s a massively successful number for the state, which heavily relies on gambling revenue to function.

Casinos have now generated more than a billion dollars for the fifth time this year. Nevada gambling winnings in September even set a new record. It was the most money ever made during this month. The previous record was held in 2007.

No other state can currently compete with Nevada’s gambling industry. New Jersey is pulling in impressive revenue figures, yet it’s not quite at Nevada’s level. We’ll need to wait and see how long this winning streak continues for.

Baccarat Helps to Boost Nevada Gambling Winnings

Baccarat is one of the most popular casino games in the world. In case you’re unaware, this is a common table game available in almost all Nevada casinos. It’s grown extremely popular over the years and has proven to be a huge earner for casinos around the country.

According to the Nevada Gaming Board, this game helped to generate a significant amount of money last month. Michael Lawton, a senior research analyst for the Gaming Control Board, commented on the earnings from this game to the media this week.

“Baccarat held 19.47 percent compared to a very weak 9.81 percent last year,” he said. “This stronger hold offset soft volumes, as baccarat volume totaled $557.1 million which was a decrease of $160.7 million or 22.4 percent (from last year).” 

Interestingly, Lawton claims that baccarat’s trends aren’t exactly great.

“Although this month’s baccarat results were a significant improvement over last year, the long-term trend for the state’s baccarat business remains choppy at best, as win is currently down 9.3 percent calendar year to date and volumes are down 12.4 percent.”

Slot machines also contributed to Nevada gambling winnings last month. This form of gambling helped to bring in $690.2 million. This represents an 8.3% increase from the same month in 2018.

Las Vegas Continues to Bring in the Most Money for Nevada

Las Vegas is home to many of the biggest and best casinos in the world. The Las Vegas Strip, in particular, features a massive number of world-class gambling venues. Most of these casinos generate a huge amount of money every single month.

Overall, Clark County managed to bring in $913.6 million in September. This is up more than 8% from the same period last year. Las Vegas Strip revenue increased by 7% to $584.2 million.

Amazing, Downtown Las Vegas experienced the biggest Nevada gambling winnings increase last month. This area of the city brought in $65.9 million, an increase of 19.9% from 2018. This is great news, considering gambling revenue in the Downtown area fell last month by 1.9%.

Nevada has seen its casinos generate an increase in revenue for the past four months. Soon, the Las Vegas Convention and Visitors Authority will release the state’s official tourism numbers from last month.

Nevada gambling winnings continue to increase. Stay tuned for more casino news on this city over the next few months!

What’s Happening in Vegas on October 27 – November 2

There’s always something exciting happening in Las Vegas. More entertainment options are available in this city than anywhere else in the world. Here’s a quick look at what happens in Las Vegas over the next few days.

What's Happening in Vegas Banner

Sunday, October 27th:

Hallow Reef

Starting at 10 am on Sunday, visitors can check out the spooky Hallow Reef exhibit inside the Mandalay Bay Hotel & Casino. Normally, this impressive underwater aquarium is a calm and pristine shark reef. This week, however, it’s transformed into a haunted shipwreck. 

Children under the age of 12 and in costume receive free admission on Friday and discounted prices on Saturday and Sunday. Visitors can explore the entire area and view hundreds of different underwater species. This is a great event to enjoy with the whole family!

Tuesday, October 29th:

Steve Aoki – Armies of the Night 2

One of the top DJ’s on the planet is returning to Las Vegas with his “Armies of the Night 2” show. Steve Aoki will be performing this event at the Omnia Nightclub inside Caesars Palace Hotel & Casino. The show begins at 10:30 pm and is expected to last until the early morning hours on Wednesday. 

This show will have a unique Halloween twist to it. Tickets are now available for presale for as low as $20! If you’re a fan of Aoki or EDM music in general, this is a show that you can’t miss. 

Wednesday, October 30th:

The Beer Tasting Experience

Starting at 3 pm on Wednesday, the LINQ Hotel on the Las Vegas Strip will once again host its popular “Beer Tasting Experience.” Here, a top beer connoisseur will break down the history and brewing techniques of eight tasty beers. You’ll even receive tips on how to best pour and drink different beers. 

After a quick lesson from the brewing expert, guests will receive a complimentary 20oz glass of their favorite beer. Tickets are going for just $42. As you might expect, only those above the age of 21 are allowed to partake. 

Thursday, October 31st:

Rock Of Horror

There’s a lot happening in Las Vegas on Halloween. Perhaps the most exciting event takes place between 2 pm and 2 am on Fremont Street. The Rock of Horror event transforms Downtown Las Vegas into a massive Halloween celebration. It’s unlike anything else you’ll find in the city all year. 

Live music is playing on three different stages. A costume contest also goes on, with some great cash prizes going to the winners. There’s great food, drinks, and entertainment for the entire day. Best of all… Admission to this event is free! 

Saturday, November 2nd:

Daniel Tosh – Aces of Comedy

One of the most recognized comedians of this generation is scheduled to perform at the Terry Fator Theatre, inside The Mirage Hotel & Casino, on Saturday, November 2nd. Daniel Tosh is appearing as part of the renowned “Aces of Comedy.” The Tosh.O host and longtime comic begins his edgy humor and rapid-fire joke show at 7:30 pm. 

Many comedy fans claim that Tosh is one of the best in the business. Anyone visiting Las Vegas this week can check out his brand new act with ticket prices starting at just under $60. 

Halloween week is an exciting time in Las Vegas. If you’re here during this time, feel free to check out any of the events that we’ve listed. Have fun, and be safe!

LV Casinos Are Charging Service Fees on Drinks

Visitors to Las Vegas are now experiencing another annoying service charge. According to multiple reports, LV casinos are beginning to charge service fees on drinks. It’s disappointing news for tourists here, many of whom are getting fed up with the rising costs in Las Vegas.

Cocktail On Bar

There’s been a discussion brewing about the resort fees that different hotels are now charging. Today, we’re going to look at these casino’s decision to start charging drink fees. We’ll also look at the recent push to make hotel-resort fees more transparent for guests. Let’s get into it!

Resort Fees Continue to Increase in Las Vegas

Just about every single hotel in Las Vegas charges resort fees. Essentially, these are fees that different venues charge their guests to help pay for different amenities. Resort fees allow guests to access the hotel pool, gym, Wi-Fi, and more.

This past summer, MGM Resorts International announced that resort fees at the company’s Las Vegas hotels were increasing. MGM spokesperson Brian Ahern confirmed to the media that fees were rising by $6 in three different hotels. The Aria, Vdara, and Bellagio would all experience an increase in resort fees.

It’s unclear whether or not these fees will decrease now that the Bellagio has been sold. The Blackstone Group officially purchased this property from MGM Resorts for an astounding $4.2 billion. It’s the biggest Las Vegas resort sale in history.

Blackstone Group will begin leasing the casino-resort back to MGM Resorts International for $245 per year. Officials within the company have not commented on changes to the hotel’s fees.

Recently, a huge number of LV casinos have begun charging service fees on drinks. Let’s look at why exactly this is.

LV Casinos Charge Service Fees on Drinks

Most of the biggest casinos in Las Vegas are home to nightclubs. These venues are usually open every day of the week and draw in a huge number of visitors. In the past, almost none of these nightclubs charged service fees on drinks. Over the past three years, however, almost all of them have begun charging these fees.

Juan Carlos Diaz, chairman of the American Nightlife Association, claims no other city outside of Las Vegas charges these fees for customers.

“I’m sure it’s something that’s good for business that can help cover costs, but they have to be more creative in the ways they take care of their customers,” he told the media. 

Nightclubs at Mandalay Bay Hotel & Resort claim to charge a 7% fee on drinks. Wynn Resorts charges a flat $1 fee. MGM Resorts International did not comment on their drink service charges.

Many visitors are getting fed up with these new fees. Recently, a bill was presented that would make these resort fees much easier for guests to see.

Resort Fees Legislation is Still Waiting On Approval

In late September, a bill was presented to the US House of Representatives that would require all casino-resorts to clearly list their resort fees for guests. Hotels are currently allowed to advertise room rates without the resort fees included. It can give the impression that a room costs much less than it actually does.

This bill piqued the interest of many individuals in Las Vegas. The NV Resort Association quickly began studying the bill. The group wants to understand the impact that this bill would have on hotel-casinos in the state.

If approved, casino-resorts around the country will be required to post their resort fees. It would help many travelers avoid paying for fees they did not know were included. The bill is still being reviewed in the House.

LV casinos are continuing to charge service fees on drinks. The specific cost of these fees is known at some casinos. Others do not disclose their drink service charges.

Stay tuned for more Las Vegas casino news over the next few months!