All MGM Resorts Properties Are Now Open

MGM Resorts International is one of the biggest casino companies in the United States. Over the past six months, this company has been working hard to reopen its various casinos around the world. Now, all MGM Resorts properties are open to the public.MGM Resorts Logo

Things are far from normal for MGM, though. This company is still seeing its revenue earnings significantly lower this year than it was in 2020. Today, we’re going to take a look at the final two properties left for MGM Resorts to reopen.

Let’s get into it!

Las Vegas Casino Companies Work to Bring Back Conventions

The city of Las Vegas is known primarily as a major casino and tourism destination. Over the past few decades, it’s also turned into a massive business hotspot. Many business leaders from around the country often meet here to discuss their future plans.

It’s not uncommon for massive business conventions to take place here. Hundreds of thousands of individuals used to flock to this city every year to take part in these conventions. Unfortunately, these huge meetups have been prohibited for almost all of 2020.

As most are aware, the casinos in Las Vegas all shut down back in March. It was an unprecedented move and cost the city an untold amount of revenue. Finally, in June, Governor Sisolak gave permission for the casinos to open their doors again.

Recently, several of the biggest casino companies in Las Vegas began pushing to bring back conventions. That includes MGM Resorts and Wynn Resorts, both of whom feel safely allowing conventions will help the city recover. City officials are now reviewing this request and will make a decision sometime over the next couple of weeks.

The logic here certainly makes sense. MGM Resorts properties would likely benefit greatly if conventions are allowed to resume in the city.

Fortunately, this company has now reopened all of its gambling venues.

The Final Two MGM Resorts Have Finally Reopened

The entire US casino industry has been hurting this year. Nevada wasn’t the only state to shut down its casino industry. In fact, every state around the entire country forced its casinos to close to the public.

All eyes have been on Las Vegas, though. This city remains the largest gambling destination in the United States. Even today, there are many world-class gambling venues in Las Vegas that have still not opened back up.

Don’t include MGM Resorts in that list, though. Officials within this company have been working extremely hard to get their hotel-casinos up and running again. This week, the final two MGM Resorts properties left closed finally began accepting guests again.

It’s a major accomplishment for this gambling operator. Many of the country’s largest casino companies still have numerous properties closed down. Some, including Station Casinos, recently announced that some of their closed hotel-casinos will never reopen.

It will be interesting to see MGM Resorts’ revenue reports for the month of September. New reports showed that casino revenue in Las Vegas has slowly increased each month. It seems likely that September will be the most successful month for the company since March.

Will some of the new regulations set in place here help to bring in more players.

Non-Smoking Casinos May Help to Boost Tourism in Las Vegas

Las Vegas is home to many of the very best casino-resorts in the world. For decades, smoking has been allowed in almost all the casino-resorts here. Health experts have complained about this rule and many have called for more restrictions towards smoking.

Obviously, the calls to ban smoking in Las Vegas casinos have intensified in recent months. Many have expressed fear that this is now a matter of public safety. There’s been serious discussion over whether or not to ban smoking for months.

Not long ago, news broke that Park MGM will officially prohibit smoking after reopening to the public. This venue is known as one of the most popular of MGM Resorts properties. Park MGM officially opened back up this Wednesday, September 30th.

Some believe this will help to boost visitation rates into Park MGM. Many other casino-resorts are now interested in prohibiting smoking, as well. There have been several reports that smoking will soon be prohibited in some of the other casinos on the Las Vegas Strip.

It’s already happening! Officials at the Cosmopolitan Casino-Resorts recently decided to ban smoking in all public walkways. Many have praised the move and feel it’s now time to set a blanket ban on smoking inside casinos while the pandemic remains ongoing.

MGM Resorts’ last two properties have finally opened back up to the public. Do you plan on visiting any of the company’s venues this year? Let us know in the comments section below!

The Reopening of Park MGM is Almost Here!

It’s been more than three months since Governor Sisolak began allowing casinos in Nevada to reopen. Nearly all of the major casino-resorts in the city of Las Vegas are now operational. News is now coming out that the reopening of Park MGM is taking place next month.

Park MGM Las Vegas Casino Logo

Park MGM is one of the newest hotel-casinos to open on the Las Vegas Strip. Many are excited to see this property up and running again. Today, we’re going to talk about what has led to this casino finally getting back on track.

Let’s get into it!

How is Casino Revenue Looking in Nevada Right Now?

The past six months have been the most unusual in the history of the casino industry. As most are aware of, all major casinos across the United States were forced to close their doors back in March. Most are now open, yet revenue earnings fluctuate from state to state.

Over in New Jersey, revenue earnings have been low. Casinos here weren’t able to open back up until July. Even with regulated sports betting and online casinos, gambling revenue has been significantly lower here than it was in 2019.

Things are different in Ohio. This state also started to allow its gambling venues to reopen in July. Analysts were torn on whether or not the casinos here would become successful after reopening. Incredibly, Ohio’s gaming revenue actually hit record levels in July.

Nevada’s casino revenue has been the center of major discussion over the past couple of months. Casinos were given permission to reopen here in June. As the months go on, revenue seems to be increasing here. Unfortunately, tourism rates remain low in major gambling cities such as Las Vegas.

Casino companies are certainly feeling the effects of this drop in tourism. Interestingly, most major casino-resorts are now open in Las Vegas. Only one of the big casinos on the Strip has remained closed. We’re now starting to hear about when this property will reopen.

The Reopening of Park MGM is Taking Place in October!

Las Vegas is filled with historic gaming properties. Many of them are located on the Las Vegas Strip. Back in 1996, The Monte Carlo Resort and Casino opened its doors on the Strip and for a time, was a major success. The property went through several renovations over the years and rumors of its rebranding began to surface around 2016.

These rumors ended up being true. In 2018, the Monte Carlo officially became Park MGM, named after the nearby dining and entertainment area. The property was improved and visitation rates here quickly started to increase.

Like all other casinos, Park MGM was closed back in March. Unlike many other casinos, however, this venue has remained closed over the past few months. Fans of this casino have been asking when it would finally begin accepting guests again.

An update on the reopening of Park MGM has just come out. MGM Resorts sent out a press release that claims this venue will open its doors sometime in October.

“With the reopening of Empire City on Monday, September 21st, MGM Resorts will have reopened all of its domestic properties, with the exception of Park MGM and Four Seasons in Las Vegas, following temporary closure earlier this year amidst the COVID-19 crisis,” the statement reads. “Park MGM is expected to reopen within the next 30-45 days.”

It’s exciting news for gambling fans around the country. Park MGM has developed a huge fan base over the years. Many are also excited to see that all major casino-resorts are now open on the Las Vegas Strip.

We’ll be sure to report on any more updates over the next few weeks!

Will MGM Sell Any of Its Las Vegas Casinos?

As we mentioned earlier, the land-based casino industry has been taking a serious hit this year. That’s especially true in Nevada. Some of the largest casino companies in the state are now being forced to take new measures to generate revenue.

One of those measures include casino closures and sales. Caesars Entertainment recently sold one of its major casinos in Louisiana. It’s one of many casino sales the company has already made this year.

Station Casinos has opened all but four of its casinos in Nevada. Unfortunately, it appears the four casinos that haven’t reopened will never open to the public again. Company officials recently confirmed these rumors to the media.

Some are now asking whether or not MGM Resorts will be forced to sell some of its casinos. This company was one of the first to reopen its casino-resorts in Las Vegas. With revenue earnings still fairly low, some feel that selling casinos could be the best strategy moving forward.

There is still no indication that MGM plans to sell any of its major casinos, though. Officials within the company are instead focused on other ways to cut down on costs.

Are you happy to hear about the reopening of Park MGM? Do you plan on visiting Las Vegas before the end of the year? Let us know in the comments section below!