Two economists told Las Vegas business leaders Wednesday that with the arrival of coronavirus vaccines Southern Nevada should help with an economic recovery by the third quarter of 2021 and that the gaming industry should rebound closer to normal in 2022. That was the message from Chris Thornberg, founding partner of Southern California-based Beacon Economics […]
The Las Vegas casino industry can breathe a sigh of relief for now that it’s not facing another coronavirus shutdown. It’s going to be tougher to get a table at your favorite casino restaurant. And you can forget about watching a show for now. If you were planning on attending a convention with up to […]
The gaming industry and its stocks got a boost Monday when Pfizer announced its vaccine trial appears quite effective against the coronavirus. That promising news comes as the industry mulls the impact of the presidential election won by Joe Biden and a U.S. Senate that will be decided by a runoff in Georgia in January. […]
Sandra Douglass Morgan, chairwoman and executive director of the Nevada Gaming Control Board who oversaw the gaming industry’s reopening from the coronavirus pandemic and its safety protocols, resigned Thursday to rejoin the private sector. Douglass Morgan will serve on the board of directors for Fidelity National Financial, which is owned by Vegas Golden Knights owner […]
Red Rock Resorts reported Tuesday net revenues fell 27% in the third quarter but adjusted revenue from its Las Vegas operations rose 38.6% or $39.4 million to $141.7 million from the same period in 2019. The third quarter net revenues for Las Vegas were $320.8 million, down from $440.7 million a year ago. That marked […]
Boyd Gaming reported Monday that Las Vegas locals’ business has picked up from a slow start in June and July and into the fourth quarter. But CEO and President Keith Smith said while profits are up, the recovery is going to be “long and slow.” Boyd Gaming said that while third-quarter revenue for Las Vegas […]
