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New Vegas Memorial, Bombshell Casino Sale, Climbing Aria with No Safety & Resorts World 50% Off!

Shawn Coomer
Shawn Coomer

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MtM Vegas – Vici Buys MGM Growth

On this week’s MtM Vegas we have so much to talk about including a bombshell deal for many Vegas casinos. Before we dive in don’t forget to subscribe to the Miles to Memories YouTube channel to see every episode plus our Vegas reviews, guides and tours!

  • New Vegas Podcast: Our new MtM Vegas podcast is now available. On this week’s podcast we talked with Ryan Flanigan who talked about his many years working in Vegas entertainment plus what it was like for his wife working at Crazy Girls. Good stuff. Find it here. 

This Week’s MtM Vegas

A bombshell sale happened in Vegas as Caesars Entertainment spinoff REIT Vici Properties is dropping $17 billion to buy MGM Resorts spinoff MGM Growth Properties. The land beneath a ton of Vegas casinos will now be owned by a REIT while management will be spread out. Crazy times.

Speaking of crazy, someone climbed Aria without any safety equipment to protest the mask mandate. We also learned this week that the October 1 shooting memorial on the site of the Route 91 Festival is moving forward with MGM donating 2 acres for the project.

In other news Draft Kings has made a big purchase from Golden Nugget, Resorts World is already discounting their rooms 50% for many members and Main Street Station has announced a reopening date. It is the first closed casino to reopen in Vegas for awhile. Good news for sure.

Vici Buys MGM Growth – Bottom Line

With all of the land sales we have seen over the past few years it is clear that we are heading into a new era for Vegas. Will this be an era of further cost-cutting like we are seeing with the new Caesars Entertainment or will this new REIT ownership lead to more diverse operators who will bring some uniqueness back to Vegas. What do you think?

Disclosure: Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers.

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Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Shawn Coomer
Shawn Coomerhttps://milestomemories.com/
Shawn Coomer earns and burns millions of miles/points per year circling the globe with his family. An expert at accumulating travel rewards, he founded Miles to Memories to help others achieve their travel goals for pennies on the dollar. Shawn also runs a million dollar reselling business, knows Vegas better than most and loves to spend his time at the 12 Disney parks across the world.

Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

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At Miles to Memories we share the best tips, tricks and deals plus travel rants, musings, hotel, airline and loyalty program reviews and a lot more! Our goal is to help people save money so they can get out there and travel the world! Through our various blog posts, podcasts & videos we teach others how to maximize loyalty rewards, hotel & airline programs and credit cards to achieve amazing things.

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