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mgm casino dreb codeAnd the Strip will post its second straight annual gaming win when December earnings are revealed later this month.That’s fueling new investments on the Strip. Resorts World is finally beginning major construction, Wynn Resorts is adding the Paradise Park Hotel, and MGM is turning Monte Carlo into two distinct properties.And then there’s the .9 billion Las Vegas Raiders stadium, which, when complete in 2020, will bring tens of thousands of football fans to the area on fall weekends.On the Strip, the average hotel room was 9.43, down from 4.64 in November 2016.Monthly visitor volume reports can fluctuate depending on a host of variables, such as the number of weekends in a given month, weather conditions, and specific convention dates, but the summaries provided by the Las Vegas Convention and Visitors Authority (LVCVA) are being more closely scrutinized in the wake of the October 1 shooting at Mandalay Bay.Brian Gordon, a hospitality expert at Applied Analysis, told the Las Vegas Review-Journal that “the fundamentals appear stable.” He says citywide occupancy levels remain around 90 percent, proving that demand remains strong.The LVCVA points to a reduction in room inventory for the losses, as several Strip properties are currently undergoing renovations. island view casino new years eve 2020Resorts World is finally beginning major construction, Wynn Resorts is adding the Paradise Park Hotel, and MGM is turning Monte Carlo into two distinct properties.And then there’s the .9 billion Las Vegas Raiders stadium, which, when complete in 2020, will bring tens of thousands of football fans to the area on fall weekends.The gaming operator will then have six months to pinpoint an exact location for the venue.Slot revenue will be taxed at the mini-casinos at an effective rate of 54 percent, with four percent earmarked for the local county and municipality. As we push into the New Year, let’s take a final look back at the one just past. downstream casino in arkansas

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