The Strip's Profits Just CRASHED 81%, Vanderpump Grand Opening & Vegas Adult Summer Camp!

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Episode Description

Vegas is on a roller coaster ride and the numbers are wild. This week Mark and Shawn break down the woman who allegedly married 14 men in Las Vegas, eat a little crow as the Golden Knights fall to the Hurricanes, and dig into the Vanderpump Hotel grand opening (drone show and all). Plus an A's ballpark update with the big arch now in place, Palms' adult-only "Camp Palms," Swingers After Dark, Joe DeSimone selling The Pass while scooping up the Bighorn and Longhorn, White Castle's Casino Royale replacement, a couple of jaw-dropping jackpots — and the headline of the week: the Nevada Gaming Abstract showing Strip net profits plunging 81% while Downtown actually out-earned the Strip on a fraction of the revenue. Debt servicing, distressed properties, and what it all means for the MGM and Caesars deals.

Chapters:
0:00 - The Woman Who Married 14 Men in Vegas
0:44 - Golden Knights Out, Hurricanes Win the Cup
1:38 - Vanderpump Hotel Grand Opening & Drone Show
3:43 - A's Ballpark Update: The Arch Is Up
5:14 - Camp Palms: Adult-Only Summer Camp
6:57 - Swingers After Dark
8:06 - Local Casino Shakeup: Bighorn & Longhorn
9:34 - White Castle Out at Casino Royale
11:12 - Big Wins: Cosmo Jackpots & a $1.1M Royal Flush
13:39 - Nevada Gaming Abstract: Strip Profits Crash 81%
14:33 - Why the Strip Bleeds: Debt, Leases & Thin Margins
16:25 - Laughlin, Tahoe & What It Means for the Caesars Deal
19:29 - Final Thoughts

#LasVegas #Vegas #MGMResorts #Caesars #BarryDiller #VegasNews #VanderpumpHotel #MilesToMemories #mtmvegas

Key Links

Marrying 14 - https://www.reviewjournal.com/crime/police-woman-wed-multiple-men-in-vegas-fraud-scheme-3837241/
Vanderpump - Drone show - https://x.com/TheVegasGuru_/status/2065822250226303373?s=20
Opening video with drone shots - https://www.instagram.com/p/DZeZGrnDWSb/?hl=en
Fancier employee food - https://x.com/MattyBet/status/2065193652062962157?s=20
Vanderpump Opening pics - https://x.com/MeltzVegas/status/2065289751717101967?s=20
A's - View from outfield - https://x.com/mickakers/status/2065475007590154656?s=20
https://x.com/mickakers/status/2066272951318753533?s=20
On the ground - https://x.com/mickakers/status/2065465337487966699?s=20
300 levels lounge - https://x.com/mickakers/status/2065468299992043965?s=20
Mural - https://x.com/LasVegasLocally/status/2065711553773728246?s=20
Palms Camp - https://www.palms.com/press-room/palms-debuts-camp-palms-no-kids-allowed
Swingers After dark - https://www.swingers.club/las-vegas/after-dark
The Horns sold - https://cdcgaming.com/henderson-casino-owner-to-take-control-of-bighorn-and-longhorn-casinos-by-july-1/
White Castle replacement - https://x.com/seventensuited/status/2064549917071380907?s=20
$1M slot win - https://x.com/m6drop/status/2061306443844972899?s=20
$1.1M table win - https://x.com/seacucumberfcp/status/2065664215030067254?s=20
NV Gaming abstract - https://www.gaming.nv.gov/siteassets/content/about/abstract/abstract-fy-2025.pdf
https://igamingbusiness.com/finance/full-year-results/las-vegas-casino-profits-fy25/
https://www.reviewjournal.com/business/casinos-gaming/nevada-strip-revenue-slipped-in-25-thanks-to-24-being-best-year-3837263/