Las Vegas Casino Updates Latest Gaming News in Las Vegas

Joshua and Lizzy Farris, who were also at Golden Gate on the last night of in-person table games, felt a bit differently. In 2025, players of all ages are increasingly comfortable gambling on screens, with two of the main factors behind the shift being the rapid expansion of mobile sports betting and the proliferation of regional casinos throughout the country. Last month, MGM Resorts International — the largest employer in Nevada — eliminated concierge services at six of its nine Strip casinos, resulting in 19 job losses and 15 employees being reassigned. The company also reportedly laid off the valets at one of its non-luxury properties. Listening to earnings calls offers context to the financial information the companies share. When discussing room revovations, two casino operators gave us a little insight as to how and when the changes will happen.

There continues to be a rush to upgrade high-limit slot rooms and renovating hotel accommodations. LAS VEGAS (KTNV) — Las Vegas casino workers are facing financial hardship as tourism continues its seven-month decline, with many employees going weeks without scheduled shifts despite not being officially laid off. As Las Vegas continues to adapt and grow, its position as a leader in the global gaming industry remains secure. The developments of vegas casino app 2024 highlight the city’s resilience and ability to innovate, ensuring that it continues to captivate visitors from around the world. Beyond the bright lights of the Strip, however, lies a perfectly ordinary Western city, with neighborhoods, churches, shopping centers, and strip malls. It is that city, and not the hotels and casinos, that draws thousands of new residents each year.

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This summer Station Casinos is set to renovate all of the hotel rooms at Green Valley Ranch. Not coincidentally, this off-strip casino already upgraded its high-limit rooms. Corporations have a responsibility to shareholders to increase revenue and profits. One relatively easy way for Las Vegas casino hotel operators to boost profit is to offer new rooms. In late 2023, The Palazzo opened a beautiful new high-limit slot and table game lounge.

• For many, 2024 will be somberly remembered as the year that two of the Las Vegas Strip’s most iconic casino properties shut their doors for good.
• Boyd Gaming is renovating hotel rooms at the Orleans now that it’s completed upgrading those at the nearby Gold Coast.
• Surrounded by mountains, the Las Vegas Valley is a basin that collects the scant rainwater and snowmelt that reach it.
• A wide pass between those two ranges leads to Hoover Dam and Lake Mead, the huge reservoir on the Colorado River impounded by the dam; Las Vegas Wash, the valley’s major drainage, leads through this route.
• Each year brings new challenges and opportunities for Nevada casinos, adding to the ever-changing and endlessly intriguing tale of gambling in the Silver State.
• The downturn is creating a ripple effect for workers who depend on tourist volume for their livelihoods.

The settlement makes clear that Sibella is being punished for what transpired at MGM Grand, not what allegedly occurred at RWLV and absolves him of any wrongdoing related to the latter. When he was fired from Resorts World in 2023, it came to light that not all was as it seemed at either MGM Grand or RWLV under Sibella’s leadership. According to authorities, illegal bookmakers and other individuals with suspected ties to illegal gambling activities were regular customers at those properties.

These efforts are essential to avoid the costly fines and maintain a good standing in the competitive Las Vegas market. A newly licensed MGM Resorts executive also told regulators about how the Las Vegas casino operator is still working with the FBI on the cyberattack it suffered in 2023. The plaintiff hopes the lawsuit will become a class action and accuses the company of failing to protect personal information from cybercriminals.

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• Enter LVXP, an ambitious project that promises to feature the city’s tallest building and an NBA-ready arena.
• Such developments ensure that Las Vegas remains a top destination for both domestic and international tourists.
• A juvenile accused of participating in 2023 cyberattacks against two major Las Vegas resort operators was released to his parents.

To the north lie three lower ranges, the Pintwater, Spotted, and Desert mountains, and to the east are the McCullough and Sheep ranges. A wide pass between those two ranges leads to Hoover Dam and Lake Mead, the huge reservoir on the Colorado River impounded by the dam; Las Vegas Wash, the valley’s major drainage, leads through this route. Details on the off-strip casino are sparse but Frank Fertitta shared some insight. The World Series Of Poker (WSOP) is tentatively scheduled to return to Rio All-Suite Casino from Sept. 30 – Nov. 23.

This growth, coupled with its unusual economic basis, has made Las Vegas one of the wealthiest cities in the country, but it has also brought problems to the area. Las Vegas is among the country’s leaders in personal and property crimes, as well as suicide rates, alcohol consumption, and illegal drug use. The city also suffers the modern urban ills of air and water pollution, and the roads are choked with increasingly heavy traffic as new suburbs spring up in all directions. About Marnell CompaniesFounded in 1974, Marnell Companies, LLC is a diversified design, development, and management organization headquartered in Las Vegas, Nevada.

The resort will also include a casino and a VIP experience with direct access to the ballpark, blending the thrill of professional sports with the energy of the Strip. This is also the only casino poker room in Las Vegas without plexiglass as of the writing of this article. The casino was able to remove the barriers when it was allowed to increase capacity because of the number of employees vaccinated.

Owens, who has lived in the valley for eight years, said this isn’t her first extended period without work. The Las Vegas Convention and Visitors Authority reported tourism was down 12% year-over-year in July, marking the seventh consecutive month of declining visitation. The downturn is creating a ripple effect for workers who depend on tourist volume for their livelihoods. The NGCB complaint filed against Resorts World Las Vegas in August also alleges that another since-convicted illegal bookmaker named Mathew Bowyer gambled with impunity at the property. Two other individuals with ties to illicit gambling activities were also named in the complaint. In November, the second Formula One Las Vegas Grand Prix took over the Strip, transforming the heavily traveled corridor into a high-speed racetrack.

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Visitor volumes, particularly among international travelers, have softened in recent months, adding pressure. Technology is also playing a role, as automation and digital services reduce the need for certain in-person roles. And because many Las Vegas casinos are owned by publicly traded companies, there is a constant push to meet profitability targets and deliver returns to shareholders. Reports of layoffs at various Las Vegas casinos have been popping up for several months now, raising questions about whether the gaming industry is nearing an end to the post-COVID economic boom. The resort corridor’s gambling returns have been trending downward in the final months of the year, even as Nevada’s overall gaming revenue climbs upward. Beginning in July, the Strip posted three consecutive months of declining year-over-year revenue, the first time that has happened on the Strip since the start of the pandemic closures (March 2019 through May 2019).

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MGM Resorts recently upgraded the high-limit slot rooms at Aria, Bellagio, and MGM Grand. Last year Caesars Palace closed its poker room to renovate its high-limit slot room. Numerous casinos on and off the Vegas Strip have seen these upgrades with more on the way.

Coin-in and table game drop, which is the total amount gambled and a key metric used by casinos to gauge volume, has also been up and down lately, with more dips than jumps. During recent earnings calls, casino operators on and off the Vegas Strip were pointing to higher occupancy every month this year. Consider the news impressive as the increased visitor numbers were already climbing even before capacity increasing inside casinos, restaurants and bars. It appears a trip to Las Vegas is definitely on everyone’s summer vacation checklist. The two racinos only have ETGs and video lottery terminals; there are no live dealer table games or random-number-generator-controlled slot machines at either property.

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Confirmed layoffs started taking place last summer, with the off-Strip Rio casino acknowledging labor reductions in August. Three months later, Venetian and Palazzo casinos confirmed they had parted ways with less than 50 employees, mostly management and supervisory-level workers. What is known is that several factors are driving the cuts, with macroeconomic conditions and evolving consumer behaviors at the top of the list.

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In February, Las Vegas hosted its first Super Bowl at Allegiant Stadium, home of the Las Vegas Raiders. Following the game, local officials declared that Super Bowl 58 may have been the biggest special event in the city’s history. Hard Rock and its giant guitar-shaped hotel tower are not expected to open for a few years, although demolition of The Mirage and the new construction began almost immediately during the summer. The Rat Pack-era resort was razed to make way for a proposed Major League Baseball stadium that will be home to the relocating Athletics, formerly of Oakland.

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Once derided as a cultural backwater, Las Vegas has evolved into an economic power that outstrips the output of whole countries. It is one of the country’s leading vacation destinations, drawing far more tourists than the Grand Canyon or Yellowstone National Park. During its first-quarter earnings call, Red Rock Resorts dropped a hint of what the company is planning after Palms is sold. A plot of land off the Vegas Strip on Durango Drive appears to be a standout location. The latest and greatest Las Vegas news this May includes cryptocurrency on the Vegas Strip, new residencies and booming casino sales.

The winning applicants will be required to pay a $500 million licensing fee and guarantee a minimum capital investment of $500 million to operate a full resort-style casino in downstate New York. Belarmino, the hospitality expert, said the combination of declining visitation and room occupancy, increases in labor costs and the lingering effects of inflation on customers’ spending habits will continue to cause casino operators to reevaluate operations. Caesars Entertainment, the second-largest casino operator on the Strip by number of properties, has also reevaluated its labor levels in recent months. The Reno-based company has not publicly acknowledged any changes, and a corporate spokesperson declined a request by the Review-Journal to provide any details for this story.

The Trop’s two hotel towers were imploded on Oct. 9, accompanied by a drone show and fireworks in the pre-dawn hours. For many, 2024 will be somberly remembered as the year that two of the Las Vegas Strip’s most iconic casino properties shut their doors for good. With the rise in new developments, ensuring compliance with gambling regulations is more crucial than ever. Casinos are investing heavily in licensing and compliance measures to meet the evolving standards.

To date, there have been no significant workforce reductions for Culinary Workers Union Local 226 and Bartenders Union Local 165, which represent nearly 60,000 casino employees in Las Vegas and Reno. Union members have contractual protections, so industry workforce reductions typically affect other categories of employees, such as mid-to-upper-level management. The cyberattacks resulted in Caesars Entertainment losing sensitive customer data, according to financial filings, and MGM Resorts International properties experienced significant operational disruptions. CEO Craig Billings explained their strategy for renovating rooms during a recent earnings call. Also last year, The Venetian revealed 4,000 renovated suites as part of its multi-year, billion-dollar makeover.

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