Las Vegas has been through a lot over the past year. It’s still home to most of the world’s best casino-resorts, though. This week, three of the top LV casino companies earned a prestigious award from Fortune magazine.
It’s a huge accomplishment for these properties. Unfortunately, they still have a long road back to total recovery with the situation the land-based casino industry is in. Today, we’ll talk about which Las Vegas-based companies earned these awards this week.
Let’s get into it!
Las Vegas Casinos Hope for Tourism Boost Over Super Bowl Weekend
Las Vegas is still doing the best with what it has. Since March, the world’s most popular entertainment hub has been struggling. Tourism numbers remain low here and casinos continue to see dips in their monthly revenue figures.
There is no clear way to remedy this situation. Las Vegas is a city that relies heavily on its tourism industry. Without regular visitors heading to the city, many of the businesses here simply cannot stay afloat.
That includes the massive casino-resorts dotting the city. Even major properties such as The Palazzo have been forced to close for certain times of the week to cut down on costs. Until tourism returns to normal, the city will be kept under stress.
Many of the major casino-resorts here are now doing everything they can to bring in tourists for Super Bowl weekend. In the past, this has been a hugely successful time for the gambling properties here. Things will be significantly different this year than they have in the past, though.
Casino-resorts are doing what they can. Circa Las Vegas announced it was bringing back its hugely-popular Super Bowl betting squares game. Some of the casinos on the Las Vegas Strip are offering discounted room rates.
It’s a difficult time for the entire casino and entertainment industry. This week, some of the casino companies in Las Vegas were awarded for the excellence they bring to their guests and employees. Here’s what we know about this situation!
Fortune Lists Three Top LV Casino Companies on “Most Admired” List
Becoming one of the most powerful gaming companies in American isn’t easy. It takes a lot of work to get to where many of the casino companies based in Las Vegas are. Fortunately, many of these companies still work hard to do right by their patrons and employees.
This week, Fortune Magazine released its annual list of “most admired companies.” This year, three of the top LV casino companies were named. That includes Las Vegas Sands, Wynn Resorts, and MGM Resorts International.
The companies that earn a spot on this list are judged on nine different criteria. It seems that Fortune was impressed with how these casino operators handled the events that unfolded in 2020. Patrick Dumont, President and CEO of Las Vegas Sands, spoke about the award in a news release this week.
“We’ve built an enduring reputation as a global business leader on the foundation of innovative hospitality concepts, solid operational execution and financial performance, and a strong dedication to being a good corporate citizen,” Dumont said.
This is a huge accomplishment for these companies. It may also help officials within these companies gain some confidence that they are on the right path. Unfortunately, it seems unlikely that these awards will help to increase the visitation number inside properties.
Hopefully, we see tourism numbers in Las Vegas gradually increase over the next few months. We’ll be sure to offer updates on this situation.
There’s Still Time to Bet on Super Bowl LV Online
Super Bowl 55 officially takes place on February 7 in Tampa, Florida. It’s expected to be a huge game with more viewers than any before in history. Land-based sports betting on the big game may drop, yet analysts expect a massive surge in online Super Bowl betting this year.
There are now a huge number of fantastic online sportsbooks operating around the entire country. One of the most popular is Bovada. This site launched in 2011 and has grown to become one of the biggest and most trusted internet sportsbooks in the United States.
Bovada is offering some tremendous odds on Super Bowl LV. With just a few days remaining until game day, the Kansas City Chiefs are listed as the -160 favorites. The Tampa Bay Buccaneers come in as the +140 underdogs.
Even the best football analysts are having a difficult time predicting how this game will play out. The Chiefs have one of the best offensive rosters in the NFL. Tom Brady has looked great with Tampa Bay lately, however, and might be able to use his experience to earn another championship victory.
Those lucky enough to head to Las Vegas this weekend will be treated to some fun Super Bowl parties. It’s also easy to bet on the game and enjoy it from home now, too. Stay tuned for a recap of all the action once the game concludes on Sunday.
Are you surprised to see three LV casino companies make Fortune’s “most admired” list? Let us know in the comments section below!