Las Vegas Strip Casino Operator Considers a Major Move

Las Vegas Strip Casino Operator Considers a Major Move

Caesars Entertainment (CZR) and MGM Resorts (MGM) thoroughly dominate the southern and central portions of the Las Vegas Strip. Between the two casino giants, they have more than 20 properties on the 4.2-mile stretch. (The number is debatable as both companies have boutique branded resorts in larger resorts.)

This large collection of properties allows them to serve a wide range of customers. A value-seeking tourist can stay at Caesars Bally’s or Flamingo, while MGM can serve that crowd through Luxor or Excalibur. As you move to medium-sized clients, both companies have a variety of brands that are suitable.

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