Las Vegas news and trends

MGM Resorts Expands BetMGM Gaming Brand to 29 Markets, Boosts Digital Wallet
Earnings // February 13, 2024

MGM Resorts International, Las Vegas’ largest casino operator, reported record full-year and Q4 net revenue for its operations in the city on Tuesday (Feb. 13), a milestone achievement coming on the heels of a cyberattack which has left the hotel and gaming company facing a...

U2 and the Las Vegas Sphere: The New Live Music Experience?
Innovation // October 28, 2023

From its early days riffing in the post-punk scene to belting out anthemic rock hits and embarking on experimental musical odysseys, Irish rock band U2 has consistently orchestrated a symphony of diverse sounds. Classics like “With or Without You,” “Sunday Bloody Sunday” and “Beautiful Day”...

Las Vegas Casinos Rake in $8.3 Billion and Lean Into High Rollers
Business // May 29, 2023

Las Vegas casinos are focusing on upscale gamblers — and making a record amount of revenue. The amount of gambling revenue brought in by casinos on the Las Vegas Strip hit a record total of nearly $8.3 billion in 2022 — a total nearly 25%...

Taken a Beating on Bitcoin? How ’Bout a Weekend in Vegas?
Cryptocurrency // August 06, 2022

What’s highly resistant to 40-year high inflation and malingering COVID-19 (and now monkey pox) fears? The idea of winning money, of course, explaining the 2022 boom in casino gambling. With cryptocurrencies in tatters after months of hammering by pessimists (and possibly realists), those who bet...

Interviews & Exclusives
MGM Resorts Expands BetMGM Gaming Brand to 29 Markets, Boosts Digital Wallet

February 13, 2024
MGM Resorts International, Las Vegas’ largest casino operator, reported record full-year and Q4 net revenue for its operations in the city on Tuesday (Feb. 13), a milestone achievement coming on the heels of a cyberattack which has left the hotel and gaming company facing a $100 million loss.  On Sept. 12, PYMNTS wrote that MGM Resorts’ websites […]

Using 5G To Build Tomorrow’s Smart Cities, Today

September 29, 2020
Smart cities powered by 5G networks have long been forecast as coming soon to major metros all over the world. But actual progress has been limited by various regulatory and...

Should Las Vegas Bet On Consumers Returning to Casinos?

June 03, 2020
Las Vegas casinos shut their doors in mid-March in response to the COVID-19 pandemic, sending Nevada’s unemployment rate to a worst-in-the-nation 28.2 percent (nearly twice the U.S. average). And although...

CES (And Why It’s Secretly All About Mobile Pay)

January 05, 2017
For most of the year, Las Vegas is something of a specific taste. If one happens to love gambling, showgirls or extremely bright lights, it is a lot of fun....

Quick Reads
Amazon-Owned Zoox Expands Operation of Autonomous Cars in Las Vegas

March 14, 2024
Amazon-owned autonomous car company Zoox has expanded the area in which its robotaxis are operating. The company is also operating the vehicles at faster speeds, in light rain and at night, Zoox said in a Thursday (March 14) update. “Deploying our robotaxi in a larger geofence is a big milestone for Zoox,” the company said in the update. […]

Las Vegas Casinos Rake in $8.3 Billion and Lean Into High Rollers

May 29, 2023
Las Vegas casinos are focusing on upscale gamblers — and making a record amount of revenue. The amount of gambling revenue brought in by casinos on the Las Vegas Strip...

MGM Reports Vegas Resorts Seeing 52 Pct Losses

April 28, 2021
MGM Resorts has reported its financial earnings results for the quarter ending March 31, with its Las Vegas Strip resorts seeing a 52 percent decline due to the pandemic, according...

Las Vegas Casino Revenue Drops Almost 40 Pct In July

August 26, 2020
As a sign that Las Vegas is grappling with bringing customers back, casino revenue on the Strip plunged nearly 40 percent to just over $330 million in July from the...