E-356:Hmm

Published: Feb. 21, 2021, noon

b'Random Vegas\\xa0\\nVisitation to Las Vegas was down 55% in 2020 or 19 million people.\\xa0 The pandemic impacted gambling revenue down by only 34.6% compared to 2019 (Vital Vegas)\\xa0\\n\\xa0\\nTwitpic of the week\\xa0\\n\\n\\xa0\\nThe Monte Carlo is an interesting story.\\xa0 It\\u2019s an example of a company lost and looking for an identity, unhappy with the one they\\u2019ve already established.\\xa0 It all started with the addition of Diablos, evolved into a reimagining of the frontage and eventually evolved into a rebranding as Park MGM.\\xa0 The problem is the Vegas market has something for everyone and when you take one of those options away, something has to replace it.\\xa0 In this case, the needle not only didn\\u2019t recast Monte Carlo\\u2019s lot in the market, it degraded it.\\xa0 Taking a property that pulled in $80 million a year and reducing it to $62 million a year after spending $550 million to rebrand.\\xa0 Park MGM isn\\u2019t going anywhere but MGM Resorts didn\\u2019t intend for their new brand to be a discount option for visitors.\\xa0 Thanks to @las_when for reminding us of a better time.\\xa0\\n\\xa0\\nNews\\n360 VVX Update\\xa0\\nCovid Restriction Relaxed\\nCosmopolitan Fire\\xa0\\nAt the Sands Spotify'