The Cosmopolitan Las Vegas is Set to Resume 100% Capacity

Cosmopolitan Las Vegas

With each passing week, the city of Las Vegas is slowly getting back to normal. All of the casino-resorts in this city have been working to bring in more guests lately. Today, news broke that the Cosmopolitan Las Vegas is finally set to resume 100% capacity.

Health officials in Las Vegas clearly believe that things are safe enough for this move. Now is the perfect time to talk about what has led to the casino receiving permission to increase its capacity limit. We’ll also look at what some of the other casinos in the city are doing right now.

Let’s check it out!

Governor Sisolak Continues to Loosen Restrictions

Nevada’s economy is one that relies heavily on tourism. In March of 2020, the tourism industry in this state came to a screeching halt. Things began to open up over the summer, yet tourism numbers here remained far below what was seen in years prior.

2021 has represented a major comeback for this city. Tourism figures and gambling revenue has been steadily growing as the months go on. March ended up being the most successful month for this city in quite some time.

Reports have confirmed that gaming revenue in Nevada increased by 67% in March. Overall, the state brought in just over $1 billion in revenue. It was a fantastic sign for the state and the city of Las Vegas, in particular.

Today, Governor Steve Sisolak announced that all counties across Nevada have the pandemic under control. As a result, he is easing back on the mandator mask mandate. This is expected to help the tourism situation in the state even more.

Casinos here are certainly happy to see things improving. As time goes on, more of them are beginning to increase their available amenities. The brand-new Virgin Hotel-Casino, for example, recently announced that it is set to open many new amenities over the next few months.

The Las Vegas Strip is still the most lucrative area of the city. It’s here that all of the most expensive casino-resorts are located. It now appears one of the most popular venues here is ready to increase its capacity limit again.

The Cosmopolitan Las Vegas is About to Resume 100% Capacity

When the casinos in Las Vegas first reopened their doors in March, things were far from normal. The state government ordered all of these gambling venues to abide by intense health regulations. As a result, very few individuals were making the trip to the city.

As restrictions are lifted, tourism numbers go up. A huge number of people are now flocking to Las Vegas to take part in the newly opened festivities. This summer will likely bring record levels of visitors to the city.

This week, news broke that the Cosmopolitan Las Vegas is set to resume 100% capacity. This venue recently hit its goal of vaccinating 80% of its workforce. As a result of this goal, the Nevada Gaming Control Board has given permission for this venue to operate at full capacity. J. Brin Gibson, Chair member of the Nevada Gaming Control Board, spoke about this decision to the media this week.

“The Cosmopolitan demonstrated substantial efforts to vaccinate its workforce and have set an industry standard in what can be accomplished through smart and swift action,” he said. “As a result, The Cosmopolitan is one of few Las Vegas gaming properties to receive approval to return to full capacity due to its overwhelming employee response, and we’ve asked them to share their methodology, strategy and success with the wider hospitality industry. We look forward to seeing all resort partners across The Strip continue the momentum.”

This is a massive move for this property. Many are excited to see how expanding the capacity limits affects revenue figures here. It’s important to note that the Cosmopolitan Las Vegas isn’t the only major venue to make this move. Wynn Resorts announced earlier this week they planned to operate at 100% capacity, too.

The economic situation over in Las Vegas is clearly getting better. Fortunately, things are also improving over in Atlantic City.

New Jersey’s Gaming Revenue Surged in March

It was fantastic to see how much gambling revenue surged in March. This wasn’t much of a surprise when considering how low revenue figures were in March of 2020. All major gambling hubs are reporting major year-on-year revenue increases.

That is certainly the case in New Jersey. This major gaming hub reported $359.2 million in gaming win this March. That is a staggering 120% increase when compared to March of 2020.

The casinos in this state also reported $859.6 million in total sports betting handle for the month of March. Of that, these casinos managed to keep $60.7 million. These revenue increases are expected to continue as the year goes on.

Some analysts believe that many of the remaining restrictions set in place here are still leading to lower-than-ideal tourism numbers in Atlantic City.

It’s an interesting moment for the entire US land-based casino industry. Some big moves are being made by the biggest gaming companies around the country. We’ll be sure to offer updates on revenue figures over the next few months.

Do you plan on staying at the Cosmopolitan Las Vegas this year? Let us know in the comments section below!

Nevada’s Gaming Revenue for March Jumps by 67%

Las Vegas Strip

Nevada’s long and complicated road to recovery continues. Things are bouncing back in a big way and casinos around the state have been reporting large surges in players lately. This week, we learned that Nevada’s gaming revenue for March jumped by an incredible 67%.

This is what officials in the state have been hoping to see. Nevada relies heavily on its gaming industry. Now is the perfect time to discuss exactly how much money flowed into the state last month.

Let’s check it out!

Las Vegas is Set to Remove Capacity Limits Soon

Tourism is an instrumental part of Nevada’s economy. Back in March of 2020, the state’s tourism industry came to a screeching halt. This, of course, was due to the global health crisis and shut down of the state’s casinos.

It wasn’t until June that casinos here were able to begin operating again. Shortly afterward, tourism rates into cities like Las Vegas slowly began to increase. These visitation rates still remained far below what was seen a year prior, though.

There are many reasons why tourism rates have remained low. Many analysts pointed toward the intense regulations set in place as a reason. It makes sense, as many visitors are unwilling to visit the city with so many regulations set in place.

Things are about to change in a big way. Governor Sisolak recently announced that businesses in Las Vegas will be able to operate at 100% capacity beginning on June 1. This is expected to boost tourism rates moving forward.

Many signs point to a major recovery already taking place in the city. Hotels in the city have been reporting major surges in visits over the past few months. This summer is shaping up to be one of the most successful in the city’s history.

We are now beginning to see how much money the gambling operators in the state brought in last month. Here’s what you need to know!

Here’s a Look at Nevada’s Gaming Revenue for March

Throughout almost the entirety of 2020, gambling revenue in Nevada hit record lows. It took a devastating toll on the casinos in the state. No one seemed to know how long this downward spiral would last for, either.

We’re now beginning to see a change. As we already mentioned, tourism rates are increasing here as the months go on. This directly leads to more gambling revenue flowing into the state’s many casinos.

Reports on Nevada’s gaming revenue for March have just been released. To the delight of state leaders, revenue here increased by 67% last month. It’s the first major increase the state has seen in more than a year.

Nevada’s gaming win passed the $1 billion mark during the month of March. In Clark County, revenue increased by 63.4% when compared to March of 2020. These numbers represent the biggest win since 2013 and clearly show that Las Vegas is recovering in a massive way. Michael Lawton, a senior research analyst for the NV, Control Board, spoke about this situation to the media this week.

“These numbers are higher than I think anyone anticipated,” he said. “Demand was obviously a driver, in addition to capacity being increased to 50 percent on March 15 and the NCAA basketball tournament being played after last year’s cancellation. However, these numbers also benefited significantly from stimulus payments allowing for increased spend by customers across the state including locals and visitors.”

It seems highly likely that gaming revenue throughout Nevada will increase as the months go on. July should end up being a landmark month for the city. Let’s look at why that is.

The Opening of Resorts World Las Vegas is Less than Two Months Away

The past year hasn’t been easy for the major casino-resorts in Las Vegas. Keeping these venues closed had a tremendous cost. Fortunately, these properties will soon be able to operate at 100% capacity.

In July, the most expensive casino-resort ever built in Las Vegas will finally open its doors. This is Resorts World Las Vegas, opening in the northern area of the Strip. It cost an incredible $4.2 billion to construct and is expected to be a one-of-a-kind venue.

Last week, news broke that Resorts World LV will officially open to the public on June 24. To say that many are excited about this casino-resort is an understatement. Many feel it will help to significantly boost tourism rates into the city after opening.

This isn’t the only new property that will have opened in 2021. Earlier this year, the Virgin Casino-Resort finally opened in the city. It now sits where the former Hard Rock Hotel-Casino was operating.

Excitement is rising around Las Vegas. There are a huge number of exciting plans being set in place here. If things continue, we could see new gambling revenue records set here as the year continues.

Are you surprised to hear how much Nevada’s gaming revenue for March increased? Let us know in the comments section below!

Kentucky Derby Betting in Nevada is Now Available!

Kentucky Derby Betting

The biggest horse race of the year is now just around the corner! For months, many have been asking whether or not Kentucky Derby betting in Nevada would be available this year. Fortunately, the Nevada Gaming Commission has agreed to allow wagering on this massive event.

The Kentucky Derby is one of the most-bet-on annual events in the US. The 2021 race is expected to break sports betting records. Today, we’ll discuss why Nevada is now choosing to allow betting on the big race.

Let’s get into it.

US Sports Betting Revenue is Increasing Once Again

The United States is still home to the fastest-growing sports betting industry in the country. Back in May of 2018, the US Supreme Court decided to strike down PASPA. Since that time, gambling revenue has been steadily increasing.

More than half the country has already passed laws to regulate sports gambling. That includes many of the states known for having tough anti-gambling laws. The massive amount of revenue coming in from this industry is too much for states to ignore.

Back in February, many states reported large drops in their sports betting revenue figures. That was a surprise for some analysts. Many expected Super Bowl LV to bring states record-high sports gambling revenue numbers.

Things are already bouncing back. Several states have released their revenue reports for the month of March. New Jersey, for example, saw a huge month-on-month increase in sports gambling revenue last month. That is great news for the casinos in Atlantic City still working hard to bring in money.

Several big sporting events are taking place over the next few months that will help to bring in big revenue figures. That includes the Kentucky Derby, set to take place on May 1.

For a time, it appeared that Nevada would prohibit betting on the big race. That is no longer the case. Here’s what we know about this exciting situation.

Gaming Commission Agrees to Allow Kentucky Derby Betting in Nevada

Nevada is known for being one of the biggest sports gambling hubs in the United States. A huge number of sportsbooks are operating throughout the state. Las Vegas, in particular, is home to some of the biggest, most expensive sports betting establishments in the country.

The NV Gaming Commission is responsible for monitoring what sporting events these venues are able to offer odds on. Strict rules are set in place for the state’s sports gambling companies. Heading into the race next month, it seemed as if it would be illegal to make wagers on the 2021 Kentucky Derby in Nevada.

Many were publicly complaining about this decision. The issue eventually found its way to the Nevada Gaming Commission. Today, this state government body unanimously agreed to allow Kentucky Derby betting in Nevada at licensed sportsbooks.

Under the rules, sportsbooks will need to utilize a nationally-televised broadcast to determine the results of this race. Several important clauses have been set in place for the race. That includes stopping all bets as soon as the first horse enters the race cage, ordering that races are aired live at sportsbooks, and more.

Tony Nevill, race and sportsbook director at Treasure Island, spoke about the big news to the media this week.

“We’re really looking forward to a thrilling turnout at the end of this month,” he said. “Between the Pro Football Draft and Derby Weekend, we’re going to see a nice gathering of sports and race fans placing big bets on their favorite outcomes. There’s nothing like catching all the action live and placing bets at a sportsbook surrounded by other excited fans.”

The majority of sportsbooks across Nevada will now be offering odds on next month’s big race. You don’t have to be in this state to make wagers on this event, though. Let’s check out the odds available online for this event.

Breaking Down the 2021 Kentucky Derby Betting Odds Online

Nevada is one of many states with a regulated sports betting industry up and running. It’s far from the only place in the country where this form of gambling is allowed. In fact, many fantastic online sportsbooks are now up and running around the entire country.

BetOnline is quickly becoming one of the most popular US sports betting sites to bet on this event. This site is known for its safe payment options and great odds. It’s extremely easy to bet on every single horse slated to compete in the Kentucky Derby here.

At the moment, Essential Quality is listed as the +300 favorite to win on May 1. The Brad Cox-trained horse has been on a tear lately at 5-0-0 in five starts. It’s a safe bet and one that could end up paying off in a big way.

Rock Your World is second in the odds at +550. This horse is trained by John Sadler and has gone 3-0-0 in three starts. It’s expected to be at the front early on in the race and may maintain that lead into the finish line.

There are many other underdogs worth checking out. A growing number of racing fans are starting to believe that Hot Rod Charlie has a real shot at winning. With odds of +1000, this is a horse that could make bettors happy.

Are you excited to hear that Kentucky Derby betting in Nevada is now available? Which horse do you think gets the job done next month? Let us know in the comments section below!

Tourism Figures in Las Vegas are Increasing Once Again

LV Strip View

Las Vegas is slowly but surely returning to a sense of normalcy. Lately, the city has been experiencing a steady increase in visitors. New reports on the tourism figures in Las Vegas are now coming out and point to some major improvements.

There are some interesting trends that Las Vegas is beginning to experience. Now is a great time to talk about how things are changing here. We’ll also look at how the city may fare for the rest of 2021.

Let’s check it out!

Casino Destinations Prepare for a Successful Summer

Casino hubs have been struggling tremendously over the past few months. Prior to 2020, places like Atlantic City and Las Vegas were thriving. Since March of last year, however, the entire casino industry has been hurting.

Over the summer of 2020, US casino hubs began to experience a rebound. Travel started to increase and gaming revenue began to ramp up. This didn’t last for long, though, and by August these cities were hurting badly once again.

Fortunately, it appears that this summer will be a good one for US casino companies. Vaccine distribution continues to ramp up around the country. As a result, travel is beginning to surge around the United States, as well.

Many analysts now believe that this summer will be a special one for places like Las Vegas. There are several new casino-resorts opening here that are expected to boost tourism rates. That includes Resorts World Las Vegas, the most expensive gambling property ever built here.

It now seems that the tourism situation in Las Vegas is already beginning to improve in a big way. We’re seeing major boosts in the number of people coming here and casinos are seeing revenue increases, as a result. More reports on tourism here are now coming out every week.

There are some interesting things that we are beginning to see in Las Vegas. Here’s what you need to know about the evolving tourism situation in the city.

Tourism Figures in Las Vegas are Jumping Once Again

No city in the United States relies on tourism quite like Las Vegas does. A massive number of the businesses here need tourists to survive. The events that unfolded last year took a massive toll on these businesses.

Just about everyone has been wondering when tourism figures in Las Vegas will reach pre-pandemic levels. It’s clear that this could take years. It is also clear that things are improving here and this summer should be a successful one for the city.

New reports show that older Americans are now making the journey to Las Vegas. Casino companies in the city have been reporting major increases in older visitors lately. This seems due to the increase in vaccine distribution around the country.

Gaming consultant Josh Swissman spoke about this situation to the media this week. He directly credits the increase in vaccines for the recovery of Las Vegas.

“As more of the older end of the customer spectrum receives vaccines and becomes more comfortable with leaving their houses… That for sure means they’ll start to step out and go back to their favorite casinos again,” he said. 

An increase in older visitors is proof that Las Vegas is slowly returning to normal. The tourism numbers here are expected to continue surging over the next few months. If all goes according to plan, this summer will be one of the most successful months for the gaming industry here in years. Stay tuned for updates on this situation!

Gaming Revenue is Still Fluctuating Around the US

Las Vegas is far from the only city in the country to experience dips in its gambling revenue lately. All of the country’s major gambling destinations have seen massive revenue declines since March of 2020. Even today, there are major fluctuations in revenue figures from different casino hubs.

New Jersey has been expanding its gambling industry for years. This past February, revenue here from the land-based casino industry dropped by 32%. It’s a significant drop from what the state was seeing a little more than a year ago.

Louisiana is home to one of the largest casino industries in the southern United States. Interestingly, this state experienced a 28.9% dip in gaming revenue when compared to February of 2020. Most expect this trend will change as the warmer months approach.

Even the US sports betting industry experienced a slowdown in February. States around the country reported significant drops in their sports gambling revenue figures. Much of that is due to players winning their Super Bowl wagers.

It’s an interesting time for the country’s gaming industry. There seem to be some major improvements with casino hubs around the country. We’ll continue offering updates here as the months go on.

When do you expect tourism figures in Las Vegas to reach pre-pandemic levels? Let us know in the comments section below!

Casino Jobs in Las Vegas are Still Difficult to Find

Las Vegas City

Las Vegas is slowly beginning to see a surge of new visitors and casino openings. It seems as if the city is recovering, yet things are still far from normal in this city. According to new reports, casino jobs in Las Vegas are still hard to come across.

Many of the long-time workers in this city are still struggling to find jobs right now. It’s an unfortunate situation and one that will take time to fix. Today, we’re going to talk about what will lead to more of these gaming jobs coming available here.

Let’s get into it!

Gaming Revenue in Las Vegas Dropped in February

It has now been more than a year since the mass casino shutdowns throughout Nevada. This was one of the most impactful moments in the history of the state. Major gaming hubs here such as Las Vegas immediately saw their tourism industries come to a screeching halt.

This took a devastating toll on these cities. Las Vegas relies heavily on tourism. A massive amount of the jobs here also need tourists. Back in March, no one seemed to know how long these casino shutdowns would remain in place for.

It wasn’t until the summer that Governor Sisolak gave permission for the casinos in Las Vegas to open again. Over the course of a few months, most of the major casino-resorts in the city opened their doors. Unfortunately, this did not lead to an immediate surge in tourism here.

As infection rates increased, tourism rates in the city dropped. Lately, however, the city has seen a surge of new visitors. The increase in vaccinations around the country seems to have resulted in a major surge of travel to entertainment destinations such as Las Vegas.

Things are still far from normal here. Gaming revenue in Nevada dropped by 25% in February when compared to the same month in 2020. Casinos throughout the state reported winnings of $772 million last month overall.

Many of the jobs here prior to 2020 are not around anymore. We’re now beginning to hear more about the large number of workers in the city still trying to find employment in the gaming industry.

Workers Complain About the Lack of Casino Jobs in Las Vegas

Not long after the casinos shut down in March of 2020, casino workers were furloughed from their positions. It was a tough blow for these employees and hope was that it wouldn’t last long. Many of these furloughs eventually turned into real layoffs.

Many of these positions still have not yet become available. That includes Analia Ayala’s position as a corporate employee at MGM Resorts International. She spoke to the media this week and revealed some of the difficulties in trying to find new casino jobs in Las Vegas right now.

“It’s been a nightmare having to deal with unemployment,” she said. “I have friends in similar situations where it’s been difficult for them to find a job. “The job market it’s, it’s just not there. I’ve applied to hundreds of jobs every day. I finally got so exhausted I said I’m done, I need a break and then I did, I think I took, I think a month to just collect my thoughts, see what I’m going to do next.”

This isn’t completely new to Las Vegas. The competition for jobs in the casino industry here is high. The situation the city now finds itself in makes this prospect even more difficult. Many are still searching for a similar position to what they had earlier last year.

There are signs that Las Vegas is improving and that will certainly help. Tourism is up and casino-resorts are expanding their hours. Hope is that this leads to a major increase in open jobs by the time summer rolls around.

The opening of brand-new casinos should also help with this. One new venue just opened its doors and another plans to do so in just a few months!

New Casinos Will Bring More Las Vegas Casino Jobs

The events that unfolded last year were unprecedented. No one could have predicted that the city of Las Vegas would need to shut down for months. As a result, many of the gaming companies here were unprepared.

Several new casino-resorts are coming to this city this year. That includes the Virgin Hotel-Casino located where the former Hard Rock Hotel-Casino used to stand. It’s Virgin’s first foray into the casino game and has already been a hit with many visitors and locals.

This summer, Resorts World Las Vegas will finally open its doors. This property cost an astounding $4.2 billion to construct and is expected to be one of the most impressive venues ever opened in the city. It’s expected to bring even more visitors to the northern area of the Strip.

Resorts World is already helping to bring more jobs into Las Vegas. Not long ago, reports surfaced claiming that tens of thousands of job applications were flowing into this venue. Many have been eager to secure a position at the coolest new property in the city.

New entertainment options are also coming to Las Vegas. This will help to bring more visitors and hopefully allow more venues to open here in the future. Stay tuned for updates on the employment situation here over the next few months.

Have you found it difficult to find casino jobs in Las Vegas? Let us know in the comments section below!

Gaming Revenue in Nevada was Down More than 25% in January

Las Vegas City

Nevada is still seeing major drops in its gaming revenue. The start of 2021 proved to be significantly worse than the beginning of last year. Reports on gaming revenue in Nevada are now out and many are surprised to see where things stand.

Today, we’ll talk about how much money the gaming industry in Nevada managed to bring in this January. We’ll also discuss how the state’s casinos may recover throughout the rest of 2021.

Let’s get into it!

The Virgin Hotel-Casino in Las Vegas is Now Finally Open

Most of the world’s greatest casino-resorts are located in Las Vegas. This city is a true gaming destination and casino companies invest billions of dollars to open new properties in this city. Every few years, an exciting new casino opens its doors here.

The Virgin Hotel-Casino has been under construction here for years. Many have looked forward to seeing what this venue has to offer. It is Virgin’s first casino and the company worked hard to ensure it was one of the best new venues in Las Vegas.

There have been many delays getting this hotel-casino open. Finally, this property is ready to open its doors! The Virgin Hotel-Casino is officially set to open today and many are flocking to Las Vegas to see what is available.

The opening of this new hotel-casino may help to boost tourism into Las Vegas. This city has been working hard to attract more visitors lately. New properties like the Virgin one is a great way to achieve that goal.

This isn’t the only new property opening in Las Vegas this year. Resorts World Las Vegas is expected to be one of the best new casino-resorts in the city. It is currently scheduled to open its doors sometime this summer.

Unfortunately, gaming revenue remains very low around Nevada. We’re now beginning to hear how much money Nevada’s gambling industry managed to bring in this January.

Here’s a Look at Gaming Revenue in Nevada for January

Back in January of 2020, Nevada’s casino industry was surging. Tourism numbers into Las Vegas were high and casinos here were earning huge amounts of revenue every month. Just a few months later, this industry completely shut down.

Nevada’s gaming industry is still trying to recover. It’s becoming more clear that this will take a large amount of time. Reports on gaming revenue in Nevada are now out and many are surprised to see where the numbers stand.

Reports have confirmed that gaming revenue in this state in January dropped by 26% when compared to the same month in 2020. The state earned $761,847,813 this January. That is a significant dip and shows how far the state still has to recover.

Interestingly, the Las Vegas Strip saw the biggest decline. This small area of the city experienced a 43% revenue drop. Overall, the Strip brought in just $321,527,682 this past January.

There are some signs that things are improving, though. Tourism rates are increasing and revenue has been surging lately. Much of this has to do with Governor Sisolak’s decision to remove certain restrictions on businesses here.

Hope is that February ends up being a significantly better month for the state’s gambling industry. Signs indicate that it will be. Stay tuned for updates on the revenue figures here over the next few weeks!

Other States Report Major Revenue Declines

Nevada isn’t the only state to experience a major drop in its revenue figures. Reports have come out this week that show many other states also saw massive drops in their gambling earnings. It’s a tough time for casino companies around the country.

Louisiana saw a massive 23% drop in its gambling revenue this past February. Bad winter storms and heavy restrictions have led to this decline. The casinos here are faring significantly better in March and should report much larger earnings.

Indiana reported losses of 30% last month when compared to January of 2020. That is one of the biggest drops in recent history. Like Nevada and Louisiana, things seem to be improving here in March, though.

The entire US casino industry has a long way to recover. No one seems to know when exactly we will see pre-pandemic revenue figures. Casino markets are improving lately and there are some promising signs on the horizon.

Nevada has some exciting things to look forward to. New properties should help to significantly boost revenue here. Stay tuned for more in-depth revenue reports to surface as the year goes on!

Are you surprised to hear that gaming revenue in Nevada dropped so much in January? Let us know in the comments section below!

Gov. Sisolak Begins Easing Back Restrictions in Las Vegas

Governor Sisolak

Las Vegas is still in the middle of recovery mode. It’s been almost a year since the mass casino shutdowns and the city is working hard to promote tourism. Recently, Governor Steve Sisolak has begun to significantly ease back on the restrictions in Las Vegas.

This is seen as a key factor in boosting tourism rates in the city. Of course, everyone wants to ensure it is done in the safest way possible. Today, we’ll talk about how things are changing in Las Vegas right now.

Here’s what we know.

Las Vegas Airport Visits Are Still Down From 2020

Prior to 2020, the Las Vegas McCarran International Airport was one of the most-visited in the country. Millions of people would make the journey through this airport every single month. Then, in March of last year, tourism into Las Vegas came to a screeching halt.

The city’s tourism industry still has not fully recovered since this time. It took months for any significant number of visitors to return to Las Vegas. It’s been almost a year and the airport here continues to see year-on-year drops.

This past January, the Las Vegas airport saw just 1.5 million passengers making their way to and from the city. That is a large drop from the 4.1 million visitors seen in January of 2020. It’s not much of a surprise when considering the differences in world events between the two years.

Many are now looking at what will lead to a major increase in tourism. Casino companies have been trying hard to offer better rates to guests. These companies have also been implementing intense safety measures to make patrons feel as safe as possible.

Even the most informed analysts are unaware of when the city will completely return to normal. There are some very promising signs lately. It appears that Las Vegas is beginning to see an increase in visitors right now.

There are several reasons why this is. Many feel it is due to the recent rollback of safety restrictions throughout Nevada.

More Restrictions in Las Vegas are Being Removed

Las Vegas is known as one of the most exciting in the United States. Many of the laws and regulations in other parts of the country are not present here. Many flock to Las Vegas every year to take part in the festivities.

The safety regulations set in place here obviously took away from the care-free environment. There was nothing that city officials could do, though. Governor Sisolak was forced to implement many intense restrictions to cut down on infection rates.

These infection rates have been steadily dropping lately. As a result, Sisolak has been able to remove many of the restrictions in Las Vegas. It’s becoming clear that the city benefits from the removal of these rules.

“Mark my words: Nevada will be the safest place to have a convention or to come and visit. It will be safe for the tourists; it will be safe for the hotel operators and for employees and their families … We’re going to continue to have our numbers improve. We’re going to vaccinate as many people as we possibly can. And we’ll continue to open our economy back up,” Sisolak said in a recent interview. “If I’m going to take a vacation with my family — the people that I love the most — I’m going to go where I feel safe. I saw a picture of a Texas basketball game the other night. It was full, and nobody was wearing a mask. I mean, that’s not going to work.”

If all goes well, even more restrictions will be lifted beginning on March 15. This will allow almost all businesses in the city to operate at 50% capacity. Another successful run will allow even more lifting of restrictions beginning on May 1.

There is reason to be optimistic about the future of Las Vegas. We’ll be sure to offer more updates on restrictions and tourism rates over the next few weeks!

Are Nightclubs in Las Vegas Now Open?

There are more world-class nightclubs in Las Vegas than any other city in the country. On the Las Vegas Strip, in particular, a huge number of exciting nightlife venues are preparing to open back up. Some already have opened in a limited capacity.

Under the current restrictions, all traditional nightclubs are still unable to operate normally. Some of the clubs in the city have still managed to reopen by changing their operations. It’s a sort of loophole that these venues are taking advantage of.

Tao at The Venetian (which was recently sold by Las Vegas Sands) is now operating a sort of club experience called Tao Late Night. This runs from Saturday beginning at 10:30 pm. It will also be taking place on Fridays starting on March 19.

XS at Encore has also resumed a sort of nightclub experience. Late-night indoor and outdoor tables are now available on Friday and Saturday beginning at 10 pm. This venue plans to expand its operations later this month.

Based on the way things are moving, it won’t be long before nightclubs are able to resume their full operations. Many seem torn on this subject. Ultimately, however, these venues will be able to open when state officials deem that it is safe.

Are you happy to see restrictions in Las Vegas being rolled back? Let us know in the comments section below!

Live Sports in Las Vegas Can Help the City Recover

Allegiant Stadium Las Vegas

The city of Las Vegas is known for being one of the biggest tourism hubs in the United States. Unfortunately, visitation rates have been low here since March of 2020. Some analysts now believe that allowing live sports in Las Vegas can help the city to recover.

There are many hoping to see Las Vegas bounce back in 2021. The casino companies here continue to see low revenue figures. Today, we’ll talk about how the allowance of more sports could help things here.

Let’s get into it!

Signs of Recovery Are Appearing in Las Vegas

The world’s land-based casino industry changed forever in 2020. Early on in the year, all of the casinos across the United States were ordered to shut down. It took months for states to begin allowing their gambling venues to operate again.

Nevada is known for having one of the world’s biggest casino industries. As a result of the mass casino shutdowns, cities like Las Vegas immediately started suffering immensely. Las Vegas would eventually become the hardest-hit city from an economic standpoint due to the events that unfolded throughout 2020.

Even after the casinos reopened, casino revenue in the city remained extremely low. Tourism was almost non-existent for months and casinos were forced to abide by intense health and safety regulations. There are clear signs that things are now recovering, though.

January’s revenue figures increased in a big way when compared to December. The casinos on the Las Vegas Strip brought in a combined $321.5 million in revenue during January. That’s a fairly large jump in monthly revenue, but still represents a 43.8% drop in year-on-year earnings.

Tourism numbers seem to be increasing here, as well. Infection rates are dropping and many of the casinos in the city are increasing their operating hours. Some experts believe that this summer will help to bring a huge amount of money into the city.

A full recovery will take time. Many here are now looking for ways to expedite this process.

Here’s How Live Sports in Las Vegas Will Help the City in 2021

Just a decade ago, Las Vegas was never thought of as a sports town. This was a casino hub all the way and many felt a major professional sports franchise would never make its way to the city. Times have certainly changed.

Today, Las Vegas is home to both an NFL and NHL team. The city has gone in-all on its sports industry and it seems to have paid off in a big way. We still have yet to truly see the impact that the Raiders will have on Las Vegas due to the restrictions set in place since 2020.

Many analysts now believe that live sports in Las Vegas are a necessity for the city to recover. If the new Allegiant Stadium is able to begin allowing fans to games it will help to significantly boost tourism in the city when the 2021/2022 NFL season kicks off. There is an even bigger demand to see games here live now that the stadium has been off-limits for so long.

A bigger emphasis on sports betting could also help to boost tourism in the city. Since May of 2018, the US sports betting industry has been steadily growing. Las Vegas recognizes the new popularity of this industry and many new sportsbooks are beginning to open their doors here.

More interactive sports betting platforms could help to bring in visitors from around the country. Derek Stevens, owner of the Circa Casino-Resort in Downtown Las Vegas, recognizes this fact.

“The pie is growing so much nationally there’s room for us. The growth of sports betting nationally helps us and it helps Las Vegas,” he said during a recent interview.

It seems highly likely that we will see more live sports in Las Vegas in the near future. We’ll be sure to report on how this affects tourism over the next few months!

Sports Betting Revenue Continues to Increase Around the US

More than half of the United States has now approved legislation to allow sports betting. That’s an amazing statistic to see when considering it has only been available since 2018. There is clearly a huge market for this new form of gambling.

Sports betting is becoming more profitable for states every single year. New Jersey seems to have the biggest and most lucrative sports betting industry in the country. The state has set new handle records throughout the past twelve months.

Pennsylvania is also seeing massive revenue earnings from its sports gambling operations. This state is beginning to compete with states like New Jersey in terms of revenue. Most expect these revenue earnings to increase throughout 2021.

Even New York is looking more into the expansion of its sports gambling operations. As of now, only land-based sportsbooks are operating in the state. There are now many lawmakers pushing to allow internet sports gambling here.

Nevada remains the top overall gambling hub in the US. Hopefully, we will see more live sports in Las Vegas becoming available in a safe way soon. That could help to finally get the city back to the tourism levels seen in 2019.

Do you think Las Vegas could use more sports? When do you expect tourism levels to return to normal here? Let us know in the comments section below!

Here’s What We Know About the Las Vegas Sands Property Sales

Venetian Las Vegas

Las Vegas Sands is one of the biggest and most profitable casino companies on the planet. It’s been struggling since March of 2020, however, and is now looking for new ways to generate revenue. Today, we’ll talk about the new Las Vegas Sands property sales being reported.

This company has been hinting at major casino sales for more than a year. Some are surprised to hear which venues LVS is parting ways with, though.

Here’s what you need to know about this situation.

Gaming Revenue in Las Vegas Took Another Dive in January

The world’s gambling industry has yet to recover from the events that unfolded in 2020. That is a tough pill to swallow for the many casino companies around the world. Nevada, home to the biggest gaming industry in the US, is still seeing fairly low revenue figures.

January saw another drop in gambling revenue here. Overall, the state brought in just $761.85 million in taxable revenue. That represents a massive 26.58% drop in revenue when compared to January of 2020.

Clark County, where Las Vegas was located, generated $617.3 million in revenue in January. The Las Vegas Strip brought in the vast majority of this money. $312.5 million was brought in from this area of Las Vegas.

Many believe things are beginning to improve in Nevada, though. Monthly revenues are increasing here. Tourism numbers are up and several major gambling properties here have recently chosen to begin operating 24 hours per day once again.

Las Vegas Sands has been discussing major Las Vegas property sales for months. It appears the company is now finally ready to move forward with these sales. New reports indicate this massive company is ready to give up some of its most profitable venues.

It’s a fascinating time for the city of Las Vegas. Now is the perfect time to talk about what exactly is happening with Las Vegas Sands.

The Las Vegas Sands Casino Sales Have Been Confirmed

There has been a lot of media attention placed on Las Vegas Sands over the past year. This company was one of the hardest-hit from the casino shutdowns back in March of 2020. As the months went on, officials within the company started discussing ways to make up for the low revenue figures.

To make things worse, the company’s founder Sheldon Adelson passed away earlier this year. He was responsible for growing this company to what it is today. His passing was felt throughout the world’s casino industry.

Months ago, rumors began circulating that LVS was looking to sell some of its biggest gaming venues in Las Vegas. Many doubted these claims. Properties such as The Venetian and The Palazzo have been some of the most popular in Las Vegas since they first opened.

It now appears these reports were true. Two major Las Vegas Sands property sales have just been confirmed. LVS has officially announced it has agreed to a $6.25 billion deal with Apollo Global Management and VICI Properties to sell The Venetian and the Sands Expo and Convention Center.

Las Vegas Sands is now putting its focus on Macau and Singapore. Chairman and CEO Robert Goldstein gave a statement on this situation to the media today.

“The Venetian changed the face of future casino development and cemented Sheldon Adelson’s legacy as one of the most influential people in the history of the gaming and hospitality industry,” Goldstein said. “This company is focused on growth, and we see meaningful opportunities on a variety of fronts. Asia remains the backbone of this company and our developments in Macau and Singapore are the center of our attention.”

The Las Vegas Sands property sales could end up being a fantastic move. No one knows when Las Vegas will begin seeing a true recovery. Macau, however, seems on the brink of a major tourism and gambling revenue surge.

More Casino Companies Are Focusing on Operations in Macau

Las Vegas is and probably always will be the biggest gambling hub in the United States. Macau holds that title in Asia. This country is home to a large number of world-class casino-resorts owned by many different US casino companies.

The casinos in Macau have been open for more than a year. Due to travel restrictions between Mainland China, however, these venues have seen very little revenue. It’s been a tough blow for the companies operating properties here.

Not long ago, Macau’s government lifted mandatory quarantine requirements to Mainland China. Many analysts believe this will lead to a massive surge in tourism. More Chinese nationals will be able to make the trip here now that quarantine is no longer required.

As a result of this news, many companies are focusing more on their operations in this city. Some analysts believe this city could grow to become a very valuable location for US casino companies in the near future.

Las Vegas Sands clearly sees the potential in Macau. This company is agreeing to part ways with one of its biggest and most successful casino-resorts in history. Hopefully, this decision pays off in the long-term.

Are you surprised to hear about these Las Vegas Sands property sales? Do you think we’ll see more casinos sold in Las Vegas this year? Let us know in the comments section below.

Expect to See More Cashless Casinos in Las Vegas Soon

View Of Las Vegas Strip

Las Vegas is being forced to evolve at a rate never seen before. With new health regulations set in place, the casinos here are constantly changing. New reports indicate we could see many more cashless casinos in the city soon.

Many believe that going cashless will be much safer for the city in the long run. Some claim it could have some unintended consequences. Now is a great time to talk about what casinos in Las Vegas are planning right now.

Let’s get into it!

Gaming Revenue in Nevada is Still Faltering

Nevada’s losing streak continues. Since March, the state’s various gambling properties have been seeing revenue dips. This trend isn’t slowing down and the state once again saw a major year-on-year dip in gambling revenue for the month of January.

Not many analysts are surprised at this fact. Back in January of 2020, the casino industry in Nevada was still going strong. It wasn’t until March of last year that state officials ordered the gambling venues in Nevada to close their doors.

In January, the casinos in this state won just $761.85 million. That represents an astounding 26.58% decrease when compared to January of 2020. This marks the 11th-straight month that Nevada’s gambling revenue has been on a decline.

Things are not completely bleak here, though. Nevada is slowly beginning to see an increase in tourism and more casinos here are choosing to resume 24/7 operations. As a result, several major casino companies here recently saw a jump in their stock prices.

Safety remains a huge issue in Nevada. The casinos in Las Vegas are trying to balance a fun and welcoming environment while ensuring things are as safe as possible for guests. As a result, these properties are constantly evolving in new ways.

There are new things being planned here all the time. Many now feel we’ll see more cashless options becoming available in the near future.

Cashless Casinos in Las Vegas Will Soon Become More Common

Las Vegas is still home to many of the biggest casino-resorts on the planet. Despite the difficulties lately, these venues continue to operate and some are beginning to see increases in revenue. Safety remains a troubling issue for these venues amid the global health crisis.

Some of the casinos in Las Vegas have recently chosen to go cashless. That includes the D Casino & Hotel in Downtown Las Vegas. More properties here are realizing that it is more convenient for players and helps to make things safer.

It now appears we could see even more cashless casinos in Las Vegas soon. Sightline Payments, a Las Vegas-backed tech company, wants to help make this happen. Company officials believe this is long overdue and will help to make things considerably safer in the long run.

“You can go to almost any casino in the country and, if you want to play blackjack or play a slot machine, you’re going to be using cash,” said Omer Sattar, executive vice president of Sightline. “In your everyday life, however, you use electronic payment options for almost everything. In the next 36 months, we believe you’ll see 60-70% of the U.S. casino industry offering some form of cashless. They (casinos) were saying they needed to open and that many of their consumers were no longer comfortable using cash. Contactless payments have skyrocketed all around the world because consumers are wanting to touch less paper.”

Casinos have several reasons to be concerned about going cashless. The most obvious are concerns about security. Ultimately, the pros outweigh the cons when making the move to a cashless payment system.

Many are excited to see this change being made. It seemed inevitable that casinos would go cashless. It now seems to be coming faster than some predicted. We’ll be sure to offer updates over the next few months!

Will Macau End Up Helping US Casino Companies?

Macau, one of the biggest gambling hubs in the world, was one of the first places to order mass casino shutdowns. Unlike many US cities, however, the casinos here were given permission to reopen within just a few weeks. Many were surprised to see this move.

Some of the biggest US casino companies own and operate casino-resorts in Macau. That includes MGM Resorts, Wynn Resorts, and Las Vegas Sands. These properties were hopeful that Macau would prove to be a valuable source of revenue while the US casino industry was shut down.

This didn’t prove to be the case. Macau’s casinos were open, yet the city continued implementing intense travel restrictions to and from Mainland China. This devastated the city’s tourism industry.

Things are finally beginning to turn around here. Macau recently lifted its mandatory quarantine rule with Mainland China. This will likely end up resulting in a massive surge of tourism and gambling revenue in Macau.

Hope is that US casino companies benefit from these new rules. Casino revenue in the US is still very low right now. Macau could end up being the saving grace for the biggest casino operators in the United States.

Do you expect to see more cashless casinos in Las Vegas? Let us know in the comments section below!