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While executives from some Strip operators note occupancy rates for weekends are close to 100 percent through the remainder of 2021, the Sunday through Wednesday period remains sluggish because of the lack of convention business. oxford casino promotions In the largest domestic casino center, meetings and conventions are essential to steadying traffic and providing needed revenue in the first four days of the week. Inflationary PressureWhile Fertitta notes traffic is strong at Landry’s higher-end restaurants, including Mastro’s and Morton’s, inflation is a scenario that bears monitoring. According to AAA, the average price for a gallon of regular unleaded gasoline is . free slot machines zeus 14, nearly a dollar higher than it was a year ago. free slot games 2020 In California, that number swells to a staggering .

30 a gallon. That’s meaningful for Las Vegas operators because neighboring California accounts for almost 20 percent of annual visitation to Sin City, and many of those customers drive from Southern California. Higher fuel costs can prompt consumers to scale back expenditures at places such as casinos and high-end restaurants or steer clear of those venues altogether. Fertitta’s Fertitta Entertainment, the parent company of the Golden Nugget land-based casinos and Landry’s restaurants, is merging with FAST Acquisition (NYSE:FST) to become a publicly traded entity again. Last week, the value of that transaction was increased to . 6 billion from . poker palace casino las vegas

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