Tourism in LV Increased Once Again During October!

Las Vegas Sign With a Roulette Table Game Background

For months, officials in Nevada have been working hard to increase tourism rates to Las Vegas. Doing so while keeping things safe has proven to be extremely difficult. News has just come out that tourism in LV increased once again during the month of October.

It’s great news for the casino companies here. Of course, these tourism rates remain significantly lower than what was seen in 2019. Now is a great time to look at exactly how much tourism in the city of Las Vegas increased last month.

Let’s get into it!

Casino Companies in Nevada Brace for New Regulations

Nevada is home to many of the world’s biggest and most profitable casino companies. Throughout 2020, all of these companies have seen massive drops in their revenue. Progress has been made in recent months, yet many believe that a new set of regulations will soon be coming to the state.

It’s easy to see why. Nevada has been experiencing large increases in Covid-19 cases for weeks. As a result, Governor Sisolak announced new regulations towards many of the businesses throughout the state.

These are guaranteed to affect casinos in a major way. As of now, however, Sisolak hasn’t ordered any casino shutdowns.

Many of the casino companies are already bracing for more intense regulations. It’s clear that the governor doesn’t want to make this decision. The casino shutdowns back in March had devastating impacts on the state’s economy.

We’ll hear more about what is coming here by mid-December. State leaders are trying to understand how to keep the economy afloat while lowering rates of infections. More regulations will probably come, yet mass casino closures seem unlikely at this point.

Interestingly, visitation rates into Las Vegas are increasing right now. Let’s take a look at how many tourists visited Sin City last month.

Here’s a Look at Tourism in LV During the Month of October

Many analysts have been waiting to see where tourism rates in Las Vegas stand during October. Some feared that the increase of Covid-10 cases would cause these rates to plummet. It’s now clear that this is not the case.

Tourism in LV actually increased by 9% in October when compared to September. It’s a fantastic sign for the casino companies here. Tourism rates are still down by 50% compared to the same month in 2019.

1,856,900 visitors were recorded during October of 2020. That’s strong numbers this year, yet it’s significantly lower than the 3,668,100 visitors recorded in October of 2019. Unfortunately, it seems these numbers aren’t enough to keep all of the casinos in this city afloat.

News has just come out that MGM Resorts plans to close the Mirage, and Mandalay Bay from Monday to Thursday. Company officials claim there simply aren’t enough visitors in the city to keep these properties open.

“We are constantly evaluating occupancy levels and adjusting operations accordingly,” an official statement from MGM Resorts said. 

Available hotel rooms in Las Vegas were calculated at 104,658 in October. This also represents a massive drop from the 149,282 last year. Room rates remain significantly cheaper right now than they were in 2019, too.

It could take months, if not years for tourism in LV to get back to pre-pandemic levels. Additional regulations will only make this situation worse. We’ll need to wait and see how things play out throughout the next two months.

US Casino Revenue Remains Low Right Now

Nevada is far from being the only state with a struggling casino industry. Casinos around the entire country are seeing major revenue drops right now. Some states have even ordered their casinos to close down for the time being.

Over in Colorado, many of the casinos have been forced to close. Not all, however, are being ordered to abide by this new law. Some of the casinos in Cripple Creek are able to remain open, as infection rates in this city remain very low.

New Jersey is seeing fluctuating revenue from its casino industry. New reports claim that the state’s third-quarter casino earnings fell by 37% compared to 2019’s Q3. That’s a major drop, yet it’s higher than what many other states are seeing this year.

The next few months could end up reversing much of the progress being made here. Many experts are predicting additional regulations being set in place soon. Hopefully, no more casino shutdowns are ordered.

Tourism in LV is still increasing each month. It’s still not enough to keep major casino-resorts open during weekdays, though. We’ll continue offering updates on tourism rates here throughout the rest of the year.

Are you surprised at the tourism numbers in Las Vegas? When do you expect things to return to pre-pandemic levels? Let us know in the comments section below!

The Opening Date of the Rio Las Vegas Has Been Revealed!

Rio Las Vegas

It’s been nearly eight months since the casinos across Nevada were shut down. Incredibly, some of the casinos here are still closed to the public. New reports indicate that the opening date of the Rio Las Vegas has been scheduled for December 22nd!

This is the last Caesars-owned Las Vegas property still shut down. Many fans of this venue are excited to see it up and running again. Today, we’re going to discuss what is being planned for the Rio.

Let’s get into it!

Las Vegas Officials Are Still Working Hard to Boost Tourism Numbers

Every city around the US has been affected by the events in 2020. Perhaps none have seen their economies hit quite as hard as Las Vegas. When the casinos shut down back in March, this city saw much of its economy completely come to a halt.

Las Vegas is known for its gambling and entertainment industry. It’s a city that relies on tourism in a major way. A huge percentage of the workforce in Las Vegas are involved in the tourism industry in one way or another.

In June, the casinos here began opening back up. Tourism rates slowly began to increase once again. As more venues reopened, tourism rates increased. These numbers are still significantly lower than what was seen in 2019, though.

The casino companies here continue to struggle. As a result, many have been forced to close for certain days of the week. The Encore Las Vegas and Park MGM are both shutting down for multiple days every week until further notice.

Officials here are working hard to increase tourism numbers. Unfortunately, many analysts predict that the upcoming winter months will lead to a major drop in tourism figures. Some even worry we could see another casino shutdown like the one back in March.

It’s a difficult time for casino operators. We’re now hearing when one of the most beloved casinos in Las Vegas will reopen to the public.

Caesars Offers Update on the Opening Date of the Rio Las Vegas

When most people think of Las Vegas, they imagine the Strip and all of the world-class casino-resorts featured here. As many know, however, some of the best gambling properties in the city are based away from the Strip. That includes the Rio Hotel and Casino on West Flamingo Road.

This venue, owned by Caesar Entertainment, closed its doors in March. Interestingly, it’s remained closed to the public since that time. Fans of this property have been asking for an update from Caesars Entertainment for years.

In early November, officials at Caesars claimed this property would reopen to the public before the end of 2020. This week, we received another update on the opening date of the Rio Las Vegas. Caesars claims it will finally begin accepting guests again on December 22nd.

Caesars president and chief operating officer Anthony Carano released a statement to the media about this situation to the media this week.

“We recognize the incredible effort it has taken to reopen our resorts and get us to this important milestone, and we look forward to welcoming our Team Members and Guests back to Rio with their health and safety still top of mind,” Carano said. 

It’s big news for Caesars. This company has been working hard to expand this year. Hopefully, the Rio manages to help boost tourism in Las Vegas.

Are More Casino Shutdowns on the Horizon?

It was incredible to see the country’s land-based casino industry completely shut down in March. This had never been done before and it had a huge number of unintended consequences. Some feel we’re heading towards another shutdown situation in the near future.

Cases of Covid-19 have been increasing around the country for weeks. Health experts across different states are trying to figure out the best approach to this situation. Casino companies are eagerly waiting to see what takes place.

Most agree that mass casinos could be devastating for the industry. Places like Las Vegas and Atlantic City are still struggling now with casinos open. If tourism stops in these places again, these cities may not recover for years.

Many casino companies are taking different approaches to increase revenue. Some have been adjusting hours to cut down on costs. Others, like Caesars, are working to break into the newly-emerging US sports betting market.

Casinos are still in uncharted waters. Even now, casinos remain closed. We’ll continue offering updates on the state of this industry over the next few months.

Are you excited to hear about the opening date of the Rio Las Vegas? Do you plan on visiting Las Vegas before the end of the year? Let us know in the comments section below!

Here’s What We Know About the Recent Las Vegas Shooting

Camera Taking Picture of Welcome to Las Vegas Sign

For months, Las Vegas has been seeing a steady increase in violent crime. Many of these incidents are now spilling on to the Strip. Today, we’re going to offer some more information on the recent Las Vegas shooting.

It’s troubling to see these incidents becoming more common. It certainly won’t help the already-struggling tourism industry here.

Let’s look at what is going on!

Tourism Rates in Las Vegas Are Dipping Once Again

The city of Las Vegas was once one of the country’s biggest tourism destinations. More than 40 million individuals would visit Las Vegas on an annual basis. Since March of this year, however, tourism rates have been plummeting here.

It’s not entirely surprising. From March to June, the city’s casinos were completely shut down. That essentially killed the tourism industry here. When the casinos opened here, more tourists began heading to the city.

Unfortunately, tourism numbers have been dropping here in recent months. Rates of Covid-19 seem to be jumping around the United States. As this trend continues, fewer individuals are making big trips to major casino destinations.

Casino companies are being forced to adjust to this new situation. Several of the biggest casino-resorts here have recently announced they are closing mid-week. That includes the Encore Las Vegas, which is now only open on weekends.

Many believe the rise in violent incidents here is also taking a toll on the tourism industry. That’s particularly true as these incidents occur near major tourist destinations. Over the weekend, we saw another one of these events unfold on the Strip.

Here’s what we know about this situation.

More Details on the Recent Las Vegas Shooting Are Coming Out

Crime has always taken place in Las Vegas. Generally, however, these incidents occur away from the major tourist areas. Things have begun to change in 2020, and we’ve seen several major shootings take place on the Strip.

Another one of these shootings took place over the weekend. According to new reports, three individuals were shot inside the Adventure Dome at Circus Circus Las Vegas. The victims were taken to the hospital and appear to be in stable condition.

Officials within the LVMPD claim that the recent Las Vegas shooting took place between two groups of young men. It seemed to begin as a fight. Things progressed, and it seems one member of this altercation began firing shots.

LVMPD Bureau Commander Dori Koren released a statement to the media this week about this shooting.

“We do believe this is an isolated incident involving a fight between two different groups of individuals inside the Adventure Dome,” she said. “This is not an active shooter, and we do believe that there is no further threat at this time to anyone else in the public.”

It’s disappointing to see these violent events occur in Las Vegas. The casino companies are doing everything they can to attract visitors. It’s certainly not easy with crime now a legitimate concern amongst tourists.

What are casino companies here doing right now to bring in more players?

What to Expect in Las Vegas Over the Next Six Months

As we already mentioned, tourism rates in Las Vegas seem to be dropping right now. Many of the biggest casinos here are now adjusting their hours. There is fear that some of these gambling venues could be forced to permanently shut down.

Each company is taking their own approach to get through this situation. Wynn Resorts has changed its casino operating hours. Las Vegas Sands claims it may soon sell several of its major gambling properties.

Caesars Entertainment is focused on major acquisitions. Not long ago, this company purchased William Hill for $3.7 billion. Company officials also revealed that it will open the Rio Hotel-Casino before the end of 2020.

Several impressive new casino-resorts will soon be opening here. That includes the new Virgin Hotel-Casino. Most reports also claim that the massive Resorts World Las Vegas will open its doors over summer of 2021.

Hopefully, the recent Las Vegas shooting is the last one we see this year. Police officers here are now patrolling the Strip even more and many casino-resorts are increasing their security. We’ll continue offering updates if any similar incidents are reported over the next few months.

Do you plan to visit Las Vegas this year? Where are you staying? Let us know in the comments section below!

Here’s What We Know About the Power Outage at Paris Las Vegas

Las Vegas Sign and the Paris Las Vegas Casino Hotel

Late last night, social media reports began to surface about a power outage at Paris Las Vegas. It was surprising news to hear from one of the biggest and best hotel-casinos in the city. Today, we’re going to discuss the details of this recent power shutoff.

This is the last thing Paris Casino-Resort needed. All of the casinos in Las Vegas have been hurting due to the drop in tourism and intense safety regulations set in place. A large-scale power outage won’t help to boost Paris’ visitation rates.

Let’s get into it!

Another New Casino-Resort Opens its Doors in Las Vegas

Downtown Las Vegas has always been a popular gambling area in Las Vegas. It doesn’t pull in the same kind of revenue figures that the Strip does, but prior to 2020, it’s been a successful part of the city. Next week, one of the most exciting new casino-resorts in Las Vegas will open up Downtown.

This new property, called Circa Las Vegas, has been under construction since 2019. There are a number of things that make this property stand out. Most of the attention that gambling fans are putting on it is the amazing sportsbook.

Circa will feature the largest sportsbook ever built in Downtown Las Vegas. It can accommodate up to 1,000 people at a time and features one of the largest screens of any casino in Las Vegas. This sportsbook is expected to bring in a large number of gamblers on opening day.

Many are also looking forward to the opening of the swimming pool at Circa. It will feature a massive television screen to watch sports. According to several reports, this is the largest pool ever built Downtown.

There’s a lot to look forward to here. Many are also excited about the opening of Resorts World Las Vegas next summer. It’s the most expensive casino-resort ever built in the city and features a massive gaming floor.

The Paris Hotel-Casino opened its doors slightly later than many of the other casino-resorts in this city. Unfortunately, news broke that this venue experienced a power outage this week.

Fire Department Confirms Power Outage at Paris Las Vegas

Paris Las Vegas is one of the most beloved casino-resorts in Las Vegas. It opened to the public in 1999 and has been through several renovations over the years. Back in June, after months of being closed, Paris Las Vegas finally reopened to the public.

Of course, this venue has been struggling to bring in revenue in recent years. That’s not uncommon right now. Each and every casino-resort based in Las Vegas has seen its casino revenue drop immensely over the past eight months.

To make things worse, there’s been a massive power outage at Paris Las Vegas this week. Reports began surfacing on Thursday evening. It was serious enough to force an evacuation of guests.

A spokesperson at Caesars Entertainment, the company that owns the Paris Las Vegas, released an official statement to the media today about this situation.

“This evening, Paris Las Vegas experienced a power outage that has since been restored. The health and safety of our guests and team members is a top priority, and we thank the Las Vegas Metropolitan Police Department, Las Vegas Fire & Rescue and NV Energy for their assistance in the matter.” 

Casino officials are still working to figure out the cause of this outage. Fortunately, power has been restored throughout the hotel. We’ll offer more updates on this situation as soon as they’re released.

Casino Companies Want to Bring Back Entertainment Options

Many of the world’s biggest casino companies are based in Las Vegas. In the past, these venues were able to bring in millions of visitors with their unique entertainment options. Obviously, most live entertainment has been canceled for the entire year.

Some casino officials now believe it’s time to bring these entertainment options back. Wynn Resorts CEO Matt Maddox spoke to the media about this situation this week. He’s pushing hard to open an in-lab testing center by Thanksgiving.

Caesars Entertainment seems to be taking things into its own hands. News reports surfaced yesterday that this company is resuming its live entertainment options in several properties including Caesars Palace, Harrah’s, and the Flamingo.

Jason Gastwirth, president of entertainment at Caesars Entertainment, spoke about this decision with the media.

“Live entertainment is an important part of the Las Vegas experience that makes visiting this city so special, and we are thrilled that we can be first to offer it to our guests again,” he said. “In collaboration with our entertainment partners and with the support of governing officials, we are happy to lead the city with an enhanced health and safety plan that will put our team members back to work and keep our guests comfortable while enjoying these popular shows once again.” 

Some feel it’s too soon, but Caesars seems to feel that it’s necessary to get guests back in. We’ll wait and see whether or not this strategy ends up paying off. Stay tuned for updates!

Did you experience the power outage at Paris Las Vegas? Let us know in the comments section below!

The Opening of Circa Las Vegas is Just a Week Away!

Circa Las Vegas

The Downtown area of Las Vegas is now home to some of the biggest and best casinos in the city. Incredibly, it’s about to get significantly better. The opening of Circa Las Vegas is now less than a week away!

There’s been a tremendous amount of attention placed on this new casino-resort recently. Circa is expected to be one of the best new gambling venues opened in the city for years. Today, we’re going to take a last-minute look at what this property will have to offer its members.

Let’s get into it!

Downtown Las Vegas Casinos Still Struggle to Bring in Players

All of Las Vegas is working hard to get back to normal. It’s become apparent how important the city’s gambling industry is for businesses here. The massive drop in revenue has taken a serious toll on the entire city.

Different parts of Las Vegas are suffering more than others. Downtown Las Vegas has been taking a serious hit over the past eight months. The casinos here are now open, yet all are struggling to bring in new players.

More visitors to Las Vegas are heading to the Strip right now. This area is home to some of the best casino-resorts on the planet. That includes the Cosmopolitan, The Venetian, and the Las Vegas Wynn Casino-Resort.

There are some fantastic hotel-casinos in Downtown Las Vegas, too. Not long ago, one of them found itself in hot water for illegally detaining a patron. This led to several major complaints from Nevada’s Gaming Control Board.

It will likely be years before things completely return to normal here. That doesn’t mean the casinos here are stopping in their effort to bring in new players. Many of the best Downtown Las Vegas casinos are offering great new deals to their members to boost visitation rates.

Soon, a massive new casino-resort will officially open its doors Downtown!

Here’s What We Know About the Opening of Circa Las Vegas!

It’s always fun when a major new casino opens its doors in Las Vegas. There have been several of these properties under construction here in recent years. Next week, we’ll finally get to witness the opening of Circa Las Vegas!

Construction on this property has been underway since February of 2019. As time went on, it became clear that this would become one of the best properties in the city. It features a two-story casino with 1,350 slot machines, 49 table games, and a fantastic new sportsbook.

We’re starting to hear even more details about this property’s new sportsbook. This sports betting area can fit 1,000 people at a time. It features a massive 78-million pixel television with a world-class speaker system. Most analysts claim it’s the largest sportsbook ever opened in Downtown Las Vegas.

Mike Van Ermen, the sports book’s strategic operations manager, spoke about his excitement about this sportsbook to the media this week.

“There’s really not a bad seat in the house, just because this thing is so unbelievably big,” he said. “I love to sit down in the Legends Club [section], the recliners. After you recline, the table pulls in closer to you. So you have your drink and your food right there. And you have to move your neck like an inch and a half at most, and you don’t have to move for the rest of the day. It’s really, really quality real estate.”

As many know, Circa will also feature one of the most impressive swimming pools in the city. It’s a true resort and should help to bring Las Vegas some much-needed tourism once it opens on October 28th.

Resorts World Las Vegas is Still Expected to Open Next Summer

Whenever a new casino-resort opens in Las Vegas, a surge in tourism is experienced in the city. It seems likely that many gambling fans will want to see what’s being offered at Circa Las Vegas. This isn’t the only exciting new property being opened in this city soon, though.

All eyes are on Resorts World Las Vegas. We’ve been reporting on this venue for years. At $4.2 billion, it’s the most expensive gambling property ever built in the city. It is expected to be a one-of-a-kind casino-resort with a number of incredible amenities.

As of now, the plan is for this property to open its doors sometime in summer of 2021. The opening of this property has already been delayed several times. Fortunately, things seem to be aligning for the casino-resort to begin accepting guests by the time next summer rolls around.

Those looking for a new job may want to consider applying to Resorts World. Not long ago, this hotel-casino hosted a massive job fair. According to new reports, this venue is preparing to hire 6,000 new employees.

Many of these positions are still open. Feel free to check out what’s available today!

We’ll finally get to see the opening of Circa Las Vegas next week. Hope is that this property can help to boost tourism rates in the Downtown area of the city. Make sure to stay tuned for updates over the next couple of weeks!

Are you excited to see Circa open its doors? Do you plan to visit this property anytime soon? Let us know in the comments section below!

When Will the Casinos in Las Vegas Return to Normal?

Las Vegas Sign and the Paris Las Vegas Casino Hotel

Most of the casinos in Las Vegas reopened to the public back in June. These venues look significantly different than they did back in 2019, though. Today, we’re going to talk about when the casinos in Las Vegas will return to normal.

Many analysts seem torn on this subject. Some believe it’s time to loosen restrictions to help promote tourism. Others feel safety measures inside casinos should be ramped up.

Let’s look at what is happening right now.

Nevada’s Gaming Revenue Falls Again in August

For months, gaming experts have been analyzing the revenue reports released in Nevada. This state remains the biggest gambling destination in the world and is home to a massive number of different casinos. Unfortunately, these casinos have been earning considerably less this year.

It’s not surprising, though. Tourism rates remain very low in the city. Most people around the country are simply unwilling to travel at a time like this. Casinos are seeing their visitation rates drop dramatically.

Each of these casinos is responding differently to this situation. Some have been forced to permanently close down. The Encore Las Vegas, owned by Wynn Resorts, recently announced that it will now close for three days a week due to a drop in guests.

Not long ago, news broke that Nevada’s gaming revenue for the month of August dropped by 22.1%. The casinos in the state reported earnings of $743 million. It’s a major drop from the $954 million earned in August of 2019.

All of Nevada’s casinos are implementing intense safety regulations right now. That includes requiring masks and limiting players at slots and table games. Many are now asking when these casinos will start returning to normal.

It’s obviously a complicated issue. This week, a prominent gaming analyst spoke about what he expects for Las Vegas’ casino industry.

Michael Gaughan Comments on the Future of Casinos in Las Vegas

Casino destinations around the world have been affected by the regulations set in place this year. Some areas are starting to recover significantly, yet others are still struggling to attract players. Las Vegas continues to see revenue drops and many gaming officials here feel it’s time to lift certain restrictions.

This week, Micheal Gaughan spoke to the media about the future of casinos in Las Vegas. Gaughan owns and operates a popular gambling venue in the city. Interestingly, he believes it will take years before things truly return to normal.

“I’ve been here since 1952 and this is probably the worst thing that’s ever happened to (Las Vegas),” Gaughan said. “I don’t think it can get any worse. Hopefully, by the end of March or April, this will be over… Strip hotels will have their work cut out for them. I do think that by the start of 2022, we should be back to completely normal. I just hope Las Vegas can get back to where it was. Everybody is trying to survive and keep as many working as they can.”

This prediction doesn’t seem far-fetched. No one really knows how things will look six months from now. There’s a chance that even more cases of Covid-19 will be popping up and regulations will become more intense.

Gaughan is one of many casino owners in Nevada taking a financial hit right now. It’s an extremely difficult situation, and one that won’t be fixed overnight. Only time will tell if his prediction that casinos in Las Vegas will return to normal in 2022 turns out to be correct.

Many are still choosing to avoid playing inside land-based casinos. Fortunately, there are some fantastic online options currently available.

Here Are the Best US Online Casino Sites for 2020

It’s clear that casino companies are suffering right now. Some are getting some much-needed relief from their sports betting operations. It will take time for these properties to truly return to normal, though.

In the meantime, many gambling fans around the country are now flocking to different online casino sites to play their favorite games. The majority of these sites are great and offer a massive range of casino options. They usually only take a few minutes to sign-up to, as well!

Our team loves Bovada. It’s one of the most popular online gambling sites in the world and provides members with both casino games and sports gambling odds. Bovada even offers live dealer games to make it feel as if you’re playing inside an actual casino!

Las Atlantis Casino is another great casino website. It’s fairly new in the industry, yet already has a massive fan base around the country. We love the design and promotions that this site offers to its players.

For now, playing at online casino sites might be the best choice. It will be a while before the casinos in Las Vegas return to the way they were in 2019. Hope is that it happens a little sooner than some analysts are predicting.

Do you plan on gambling in Las Vegas anytime soon? When do you think the casinos will return to normal here? Let us know in the comments section below!

Encore Las Vegas is Now Closing for Three Days a Week

Encore Las Vegas

Most of the major casino-resorts are up and running again. Unfortunately, tourism rates in the city remain far lower than usual. This is taking a serious toll on casino companies here. This week, news broke that the Encore Las Vegas is now closing for three days a week moving forward.

It’s an interesting development, and one that shows how difficult things are in this city right now. Today, we’re going to look at exactly why Wynn Resorts is making this decision. We’ll also talk about when the situation in Las Vegas will improve.

Let’s get into it!

Las Vegas is Taking Longer to Recover than Many Predicted

When the casinos shut down in Las Vegas this past March, no one knew how long they would remain closed. It was an unprecedented situation for the world’s biggest gambling destination. The city’s casinos were never closed down for such an extended period of time.

Obviously, casino companies here wanted answers on how long these regulations would remain in place. Officials within these companies began working with state leaders to formulate reopening plans. Finally, in June, Governor Sisolak started allowing the state’s casinos to reopen.

Things haven’t immediately bounced back here. Instead, Las Vegas has seen a slow, gradual recovery. Tourism rates appear to be increasing here and casino revenue has risen with each passing month.

This city is still hurting, though. Both tourism and gaming revenue remain far lower this year than what was seen in 2019. It’s costing casinos a massive amount of money and some of the smaller ones in the city will likely close down permanently.

Each casino is taking its own approach to this situation. The goal for these properties seems to be attracting in new players. Obviously, this is proving to be difficult with the way things are going right now.

It now appears that Wynn Resorts has found a new way to save money.

Encore Las Vegas Announces New Opening Days and Times

Historically speaking, Las Vegas is known as a city that doesn’t sleep. Hotels, casinos, and bars are known for being open 24 hours a day. Part of this non-stop image has helped Las Vegas become one of the most popular tourist destinations in the world.

This is beginning to change, though. Many hotel-casinos have seen their visitation rates plummet this year. As a result, some of them have been forced to adjust their opening dates and times to save money. There’s no point in keeping things open when no one is around!

That’s exactly the approach that Encore Las Vegas is now taking. This week, Wynn Resorts announced that this popular casino-resort will only be open Thursday through Sunday beginning on October 19th. The venue will close its doors on Monday at noon and reopen at 2 pm on Thursdays.

It’s an interesting, yet somewhat unexpected move for this casino company. These new operating hours are set in place indefinitely “until consumer demand for Las Vegas increases.” Some analysts predict that tourism rates will actually decrease even further around winter.

Fans of the Encore Las Vegas will now need to adjust their reservations accordingly. The Wynn Las Vegas, however, will keep its normal operating schedule. The poker room inside the Encore will be moved to Wynn Las Vegas until further notice.

Hope is that this popular casino-resort will get back to its normal operational schedule before long. We’ll continue offering updates over the next few weeks!

Where is Wynn Resorts’ Stock Price Moving Right Now?

Over the past seven years, we’ve seen casino stock prices fluctuate massively. When the casino industry shut down, these prices plummeted. As these casinos reopened, stock prices have gradually increased.

Of course, there have been a huge number of fluctuations in these stock prices. Some companies seem to be faring better than others. Several massive deals have also been completed this year that affected stock prices.

Not long ago, a prominent fund manager spoke about the future of Wynn Resorts’ stock. He believes that the company’s share prices can double within the next year. Much of that is due to the company’s operations in Macau.

Prior to 2020, Wynn Resorts was earning nearly 70% of its revenue from Macau. Unfortunately, the Chinese territory has been struggling immensely this year. Travel restrictions to Macau were recently lifted, however, and many now believe the casinos here will see a surge in tourism and revenue.

It will be interesting to see if this prediction ends up being correct. Wynn Resorts is one of several major US casino companies hoping to see a massive increase in revenue from Macau.

Are you surprised to see the Encore Las Vegas close for three days a week? When do you expect things to return to normal in Las Vegas? Let us know in the comments section below!

Thousands of Jobs at Resorts World Las Vegas Are Becoming Available

Resorts World Las Vegas

For years, construction has been taking place on Resorts World Las Vegas. It’s the most expensive casino-resort ever built in the city. There are now a huge number of jobs at Resorts World Las Vegas becoming available.

It’s great news for many residents in this city looking for work. Today, we’re going to give an update on this exciting new gambling venue.

Let’s get into it!

Several New Casinos Will Soon Open in Las Vegas

Las Vegas is still the world’s biggest gambling destination. Over the past decade, construction on several massive new casino-resorts began here. Revenue was increasing and tourism rates continued to surge in the city.

This past March, all of the progress Las Vegas was making came to a halt. Casinos here were forced to shut down and tourism completely stopped. It wasn’t until June that Nevada’s leaders began allowing casinos to operate again.

This shutdown affected construction, too. 2020 was supposed to be the year that several new casino-resorts opened in this city. Many of these projects have been delayed and some, it seems, have been canceled entirely.

Many new casinos will open their doors in Las Vegas over the next 12 months. One that many are looking forward to is Circa Las Vegas in the Downtown area. This is one of the first adult-only casinos in the city and will feature one of the biggest and most impressive swimming pools of any casino-resort here.

Of course, most are focused on Resorts World Las Vegas. This venue has been under construction for years and is likely the most impressive venue ever built in the city. If all goes according to plan, this property will open up next summer.

The owners of this property are now already looking for employees.

Jobs at Resorts World Las Vegas Are Now Opening Up

It’s incredible to see the casino-resorts on the Las Vegas Strip. Over the past few decades, we’ve seen several multi-billion-dollar properties built here. As we just mentioned, several are expected to open here next year, as well.

All eyes are on Resorts World Las Vegas. This venue is being constructed in the northern area of the Strip. It’s costing an incredible $4.2 billion to build and many feel it will be the most impressive venues ever opened here.

This casino has taken much longer to open than initially expected. There have been a number of delays that prohibited its opening. Fortunately, it appears that this casino-resort will officially open its doors in the summer of 2021.

Interestingly, thousands of jobs at Resorts World Las Vegas are now becoming available. This venue now needs to fill 6,000 jobs. This upcoming Saturday, the owners will host a job fair to help find more potential workers.

Lori Calderon, the executive director of talent acquisition and community engagement at Resorts World, spoke about the new jobs at Resorts World Las Vegas to the media this week.

“Resorts World has been a partner with Share Village for some time now and we’re just very excited to be able to partner with them in this event,” She said. “It’s everything that you can think of from hotel operations, finance, food and beverage so on and so forth.”

This job fair will take place from 9 am to 12 pm. If you’re looking for a job at one of the most exciting new venues in the city, make sure to check it out!

Las Vegas Virgin Hotel is Set to Open Early Next Year

Resorts World isn’t the only exciting new venue set to open in Las Vegas. As we already mentioned, Circa Las Vegas will also be opening its doors here in just a few weeks. Early next year, the brand-new Las Vegas Virgin Hotel will also be opening its doors to the public.

This property is situated where the former Hard Rock Hotel-Casino sat. It’s Virgin’s first-ever major hotel-casino. Work on this new project has been underway for more than a year and the current plan is for the property to reopen in January.

News has just come out that Mohegan Gaming & Entertainment is expected to operate this property. This has been discussed since last September. This week, Nevada’s Gaming Control Board gave its approval for this move.

The Las Vegas Virgin Hotel is expected to be fantastic. There have been several details on this new property released over the years. The owners have now confirmed that it will finally open to the public on January 15th of 2021.

It’s an interesting time in Las Vegas. Casino revenue is slowly beginning to increase and more tourists are heading into the city. We’ll continue offering updates on the new jobs at Resorts World Las Vegas over the next few weeks.

Are you excited to see Resorts World open up? Do you plan to visit the job fair here? Let us know in the comments section below!

International Tourism Rates in Las Vegas Remain Low Over Golden Week

Traveling Luggage With an Airplane and Coronavirus Background

China’s “Golden Week” officially began on October 1st. Traditionally, this week-long holiday brings a huge number of Chinese visitors to Las Vegas. Unfortunately, international tourism rates in Las Vegas didn’t increase by much this past weekend. Today, we’re going to look at why exactly that is.

Most analysts predicted that casinos wouldn’t see much of a change. Fortunately, the casino industry in Las Vegas does appear to be slowly recovering. Hope is that this trend continues for weeks to come.

Here’s a look at what’s going on here.

More Casinos Are Expected to Reopen in Las Vegas Next Year

For years, several massive new casino-resorts have been under construction in Las Vegas. Most of them were initially expected to be open at this point. For several reasons, the opening of these new gambling venues has been delayed.

Fortunately, it’s been confirmed that 2021 will see several of these exciting new venues open back up. It’s a huge move for the owners of these venues. Many feel this could help to boost the tourism industry in this city.

Most are looking forward to the opening of Resorts World Las Vegas. This venue cost more than $4 billion to construct; the most expensive casino-resort ever built in this city. Officials at this new casino claim it will be open in summer of 2021.

Many are also excited about the opening of the Las Vegas Virgin Hotel. This venue is located at the former Hard Rock Hotel-Casino. It’s Virgin’s first move into the casino industry and many feel this will be the best new property located off the Strip.

The truth is that no one knows how things will look in Las Vegas next year. The casino owners here are hoping things return to some sense of normalcy. Unfortunately, tourism rates in this city still remain significantly lower than they were last year.

It now appears that Golden Week failed to boost tourism in the city.

Golden Week Does Not Boost International Tourism Rates in Las Vegas

China has an unusual set of gambling laws and regulations. In Mainland China, all forms of gambling are completely prohibited. Interestingly, China has allowed Macau, one of its territories, to become one of the world’s largest gambling destinations.

In the past, “Golden Week” was one of the biggest weekends for major casino cities like Las Vegas. This week traditionally sees millions of Chinese nationals travel abroad. Many of these international travelers head to Las Vegas to test their luck inside casinos.

That did not happen this year. New reports show that international tourism rates didn’t increase over Golden Week, beginning on October 1st. It’s not much of a surprise. Travel between the US and China is still completely prohibited.

It’s a tough blow for the casinos in Las Vegas, many of which had hoped to see an influx of new Chinese players. Jeremy Aguero, an analyst for Applied Analysis, spoke about this situation to the media this week.

“They come from longer distances, they spend more money, they have a tendency to stay longer, and all of that adds up,” he said. “It means more tax revenue for the state and local government, and it means more money for jobs. … These celebrations are extremely important to Las Vegas, and we’ve been feeling the loss of them for the past six months.”

At this point, it seems unlikely that international tourism rates will increase at all this year. Travel restrictions are once again ramping up around the world. It would take years before Las Vegas sees its visitation rates return to normal.

Is Macau Seeing a Surge in Tourism Right Now?

There has been a huge amount of attention placed on Macau over the past few months. At the start of this year, the casinos in this city were forced to shut down. Most of them were given permission to reopen within just a couple of weeks.

Some analysts predicted that Macau would end up being a source of valuable revenue for US casino companies. Several, including MGM Resorts, and Las Vegas Sands, operate massive casino-resorts in this city. Unfortunately, this prediction has failed to come together.

Mainland China has been implementing intense travel restrictions to and from Macau. For months, travel to this casino destination was completely prohibited. This travel restriction was finally lifted and it seems tourism rates in Macau have begun to increase.

International travel is obviously difficult right now. Many analysts predict that domestic travel, including into Macau, will surge over Golden Week. That could be fantastic news for the casino companies based in this city.

We won’t receive revenue reports here for at least a couple of months. It seems likely that things will improve in a major way. Hopefully, we see international tourism rates in Las Vegas start to increase sometime next year.

When do you expect things to return to normal in Las Vegas? Let us know in the comments section below!

There’s Been Another Shooting in Las Vegas This Week

Magnifying Glass With Las Vegas Strip in BackgroundCasinos around Las Vegas are working extremely hard to boost tourism rates. Unfortunately, there’s been a rise in violent crimes taking place around the city’s most popular areas. This week, another shooting in Las Vegas was recorded on the Strip.

It’s concerning news for tourists and residents here. It’s also difficult for casinos here, all of which are still struggling to bring in new players. Today, we’re going to talk about what this rise in crime means for the city moving forward.

Let’s get into it!

Gambling Revenue is Still Fluctuating Throughout Nevada

It’s been fascinating to watch the gambling revenue figures being released in Nevada. For months, casinos here were earning almost nothing. All gambling venues in the state were shut down for months and the only money coming in was from online operations.

In June, Governor Sisolak finally gave permission to the casinos here to reopen. Some of them opened their doors as quickly as possible. Others took their time and only recently decided to open their doors.

Park MGM falls into the latter category. This is one of the most popular hotel-casinos in Las Vegas, yet its owners wanted to wait to reopen. It wasn’t until this week that this property opened its doors as the first non-smoking hotel-casino on the Strip.

Revenue figures continue to come out each month. All casinos here are seeing significantly lower revenue earnings than they experienced the same months last year. Fortunately, revenue is increasing as the months go on. That wasn’t the case in August, though.

News recently broke that Nevada’s gambling revenue dropped by 22% this August when compared to August of 2019. The revenue also dipped slightly when compared to July. Many credit a rise in Covid-19 cases for this drop in earnings.

The fact that violent incidents in major tourist destinations seem to be increasing won’t help anything.

Here’s What We Know About the Recent Shooting in Las Vegas

Las Vegas, like all big cities, sees crime pop up now and again. Historically speaking, most of the serious violent incidents take place away from the Las Vegas Strip. For the past couple of months, however, we’ve seen a significant rise in these incidents occurring near the city’s most luxurious area.

News has just surfaced that another shooting in Las Vegas took place early Friday morning. It appears to have stemmed from an argument between two individuals. Fortunately, no one was injured in the shooting.

This latest incident occurred in the MGM Grand Hotel-Casino, one of the most popular venues in the city. Casino officials have not yet commented on this latest incident. Security officials are reviewing footage of the shooting to try to identify those involved.

This is just one of many recent shootings around the Strip. Last weekend, a man was shot and paralyzed on while walking near The Linq and Flamingo. The suspects have been identified and arrested.

Casino companies are obviously disappointed to see this rise in crime. Some analysts feel that it will result in a significant dip in tourism. With the crime and increasing rates of Covid-19 in certain parts of the country, Las Vegas may have a difficult next few months.

Not every major US gambling destination is hurting right now, though.

Sports Betting Revenue is Still Increasing in New Jersey

New Jersey was one of the first states to legalize and regulate sports betting after PASPA was struck down in 2018. It’s now the largest sports betting market in the country. A huge amount of revenue was being earned here every month since this industry opened up.

Not long ago, New Jersey set a new all-time record for sports betting revenue. The sports gambling platforms here managed to bring in an astounding $667 million over the month of August. Many feel this will be surpassed in September.

Casino revenue is also increasing here. Atlantic City was given permission to reopen casinos back in July. Today, all of the casino-resorts in this city have reopened and tourism rates are slowly increasing.

It’s great news for other casino companies around the country. Many state leaders are now interested in legalizing this industry, as well. The potential for massive revenue earnings is now clear.

Hopefully, things begin to improve around Nevada. It’s certainly disappointing to hear about another shooting in Las Vegas. It will be interesting to see how this affects the city moving forward.

Do you plan to visit Las Vegas this year? Which hotel are you staying at? Let us know in the comments section below!