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MGM Just Proved Cheap Vegas Sells, Steve Wynn's Return & Bellagio's New Villas

Friday · 21 min · 41.3 MB
0:00-21:10

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Steve Wynn is coming back to Las Vegas for a talk at the Neon Museum on October 22nd, tracing the origins of the Mirage and how it turned a gambling town into a global entertainment capital, with tickets at $79 and still available as of now. We also dig into MGM's earnings call, where they revealed the Luxor and Excalibur all-inclusive package has booked over 30,000 room nights and that half those customers are brand new to MGM, which raises the obvious question of why they did not offer real value years ago. Bellagio is looking at adding more villas since they only have eight, plus more activation around the lakeside after Carbone Riviera's success, and MGM explained why they picked Park MGM for their locals push. Plus a roulette board at Aria showing 28 hitting five out of seven times at roughly one in four million odds, a new UNLV projection saying Clark County will not hit 3 million people until 2055, conspiracy theory cocktails at Velveteen Rabbit, viral center bite cinnamon rolls from a local home bakery, Korean barbecue at Palace Station, and the second F1 race Las Vegas thankfully dodged. Let us know in the comments whether you are going to see Steve Wynn speak.

Episode Guide:

  • 0:00 Vegas Buses Are on Fire
  • 0:30 28 Hit Five Out of Seven at Aria
  • 1:46 Steve Wynn Returns to the Neon Museum
  • 3:42 We Won't Hit 3 Million Until 2055
  • 6:03 Korean BBQ Arrives at Palace Station
  • 7:25 Conspiracy Theory Cocktails Downtown
  • 8:43 The Viral Center Bite Cinnamon Rolls
  • 10:30 The Second F1 Race We Dodged
  • 12:21 June Numbers: Conventions Up 25.8%
  • 13:27 MGM's Earnings Call & the Diller Bid
  • 14:03 The All-Inclusive Actually Worked
  • 17:43 Why Park MGM Got the Locals Deal
  • 18:38 Bellagio's New Villas & the Lakeside
  • 20:23 Final Thoughts

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