MGM Resorts international managers said under a recent call for the company to renovate hotel rooms in two of its strip properties in the coming years.
Rooms at Aria and Cosmopolitan Hotel casino will be updated, according to MGM. Bill Hornbuckle, president and CEO of MGM, told analysts and investors that renovations in the room will start in 2026 and at Cosmopolitan 2027.
A spokesman for the company said there were no additional details to share right now.
Las Vegas-based Gaming and Hospitality Corporation is currently monitoring room renovations at MGM Grand Hotel casino. Rooms on rebuilding projects of $ 300 million at MGM Grand are expected to be complete at the end of 2025.
Aria opened in 2009. The hotel has over 4,000 rooms.
MGM took over operations in Cosmopolitan 2022 for $ 1.6 billion. The 3,000 room hotel was opened in 2010.
Caesars Republic comes to Lake Tahoe this summer
Caesars Entertainment spends $ 160 million to turn Harvey’s Lake Tahoe into Caesars Republic Lake Tahoe Hotel & Casino, the company recently announced.
The renovation includes “state -of -the -art upgrades, luxurious accommodation and elevated restaurants and game options while deepening the guests in a new, modern resort designed to embrace the appearance and feeling of Lake Tahoe,” according to a news message.
The 1.6 million square meter resort will undergo a complete renovation. The 88,000 square meter casino floor will be renovated with new carpets, lighting, tables and chairs as well as new slot machines, a new high limit room and a world series of poker rooms.
“The property transformation has begun and will continue in 2026 with the brand new hotel tower, hotel lobby, star restaurants and the beginning of a fully reinforced casino that comes online this summer for our guests to enjoy directly,” said Anthony Carano, president and chief manager for Reno-based Caesars Entertainment. “Our second phase will start in the fall, with the entire project completed next summer.”
NBA in predicting markets
The National Basketball Association has joined the Major League Baseball and the American Gaming Association to express concern about predicting markets offered by Kalshiex and Robinhood regulated by the Commodity Futures Trading Commission.
A scheduled round table discussion about companies that offer prediction markets for sporting events was suddenly interrupted last week.
The NBA joined other critics of predicting markets in a letter to the Commission of Alex Roth, Vice President and Assistant General for Liga Trying and Politics.
“The privacy risks that sports pre -premises markets are more significant and more difficult to handle than those presented by legal, regulated sports games,” Roth said in a May 1 letter to the Commission.
“While exchanges and brokers operate under CFTC’s general auspices, broad -based financial monitoring does not include the type of sports -specific controls and protection that is the characteristics of state sports playing regulations.”
Courts in Nevada and New Jersey have decided against their respective game regulation bodies after the cessation and rejection orders to Kalshi who demanded that they stop operations.
Analysts say that sports preferences now represent 78 percent of Kalshi’s prediction market operations.
World Series app
Organizers of the World Series of Poker have rolled out the WSOP+ app that automates the process of registering and paying entrance fees for this year’s event, which starts May 27 and continues until July.
The app is available in iOS and Android versions on wsopplus.com.
“The benefits of bringing WSOP+ online in time for the next World Series of Poker in Las Vegas are endless,” said Jack Effel, Senior Vice President of Poker Operations and World Series of Poker at Caesar Entertainment. “Players should feel an immediate positive impact on their experience when they arrive this summer. In addition to WSOP +’s advanced features, there is no doubt that this innovation will reduce waiting times, which means that the participants can come to the blanket and enjoy the events they love.”
Caesars runs the event on his horseshoe and Paris Las Vegas properties on the strip.
