MGM, Caesars and Wynn Continue to Battle
For Strip Dominance
The 3 Major Las Vegas Strip Players continue their battle for dominance of a 4.2-mile stretch of road on the Las Vegas Strip. Wynn has recently been a little weakened by their performance in Macao, while MGM padded its books with a $4.4B property sale. Caesars is rebranding its Bally's Casino under its gambler-friendly Horseshoe brand while it's also trying to sell its Flamingo Resort Casino.
At the same time MGM has not been sitting still as it sold off the Mirage and purchased the Cosmopolitan.
Caesars is rebranding its Bally's Casino under its gambler-friendly Horseshoe brand while it's also trying to sell its Flamingo Resort Casino.
New to the Strip Resorts World Las Vegas is also trying to unseat some of the current dominance.
It will be interesting to see where the battle for dominance goes. One thing is for sure the Strip is going to undergo a major facelift.
One dramatic change will be the Mirage, renamed the Hard Rock, and removing the Volcano in exchange for a Guitar.
While the Strip battle for dominance rages Big Name Celebrities are flocking to the Strip.
The Strip has become the land of big names with celebrity chefs bringing their signature restaurants to the famed Las Vegas Strip. The biggest name entertainers have taken up residency at world-class venues. Now, huge stars like Adele, Lady Gaga, Katy Perry, Aerosmith, and pretty much every major DJ play the Las Vegas Strip regularly, often as part of long residencies.
In summary, "LAS VEGAS IS BOOMING."