The rebranding is part of a larger effort to reposition the W brand in the Las Vegas market.
The W Las Vegas: A New Chapter for the W Brand
The W Las Vegas, formerly known as The Delano Hotel, is set to undergo a significant transformation as part of the rebranding effort. The hotel, which has been a staple in the Las Vegas Strip for over a decade, will be rebranded as the W Las Vegas, marking a new chapter for the W brand in the city.
Key Features of the Rebranding
Luxurious Las Vegas High-Rise Offers Unparalleled Comfort and Luxury to Its Guests.
The Luxurious MGM Grand Hotel Tower
The MGM Grand Hotel Tower, located in the heart of Las Vegas, is a 41-story marvel that boasts an impressive 1,117 rooms, all of which are considered suites. This luxurious hotel tower is a testament to the city’s reputation for excess and extravagance, offering an unparalleled level of comfort and luxury to its guests.
A Brief History of the MGM Grand Hotel Tower
The MGM Grand Hotel Tower has a rich history that dates back to the 1990s. The hotel was originally built as a single entity, but over the years, it has undergone several renovations and expansions. In 2001, the hotel was renovated and expanded to include the addition of a new tower, which added an additional 41 floors to the existing structure.
Renovations and Future Plans
Although no formal plans have been announced, rumors have been circulating that MGM and Marriott are considering renovations to the hotel. The rumors suggest that the hotel may undergo a major overhaul, including the addition of new amenities and upgrades to the existing rooms.
The hearing will focus on the impact of sports betting on the nation’s youth.
The Senate Judiciary Committee Hearing: Exploring the Impact of Sports Betting on Youth
The Senate Judiciary Committee is set to host a public hearing to discuss the effects of sports betting on the nation’s youth. The committee, chaired by U.S. Sen. Dick Durbin, D-Illinois, aims to shed light on the growing trend of sports betting and its potential consequences on young people.
The Current State of Sports Betting
The growth of the industry has led to increased competition, which may prompt gaming operators to seek strategic partnerships or acquisitions to strengthen their market position.
The Rise of Sports Betting in the US
The sports betting industry has experienced rapid growth in the United States over the past few years, with the number of sportsbooks increasing from just a handful in 2018 to over 1,000 today.
“That being said, valuation expectations and bid/ask spreads will be key determinant,” Jonas wrote in the note to investors.
