June 29, 2022

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Travel Finishes First

MGM Closes Las Vegas Strip Deal, Sells Another Casino

3 min read

Discovering the specific appropriate mix of qualities on the legendary Las Vegas Strip has been an ongoing obstacle for equally MGM Resorts Global (MGM) – Get MGM Resorts Global Report and rival Caesars Enjoyment (CZR) – Get Caesars Entertainment Inc. Report. Equally firms will need the correct balance of price, mid-tier, and upper amount houses distribute out to best provide their customers’ requires.

It can be a dilemma that has both firms tinkering with their Las Vegas holdings. Caesars plans to sell the Flamingo (although it could continue to conclude up operating it) and will completely transform it really is kind of bland Bally’s casino into its Horseshoe brand name — a name the organization associates with a gambler-pleasant concept.

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