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Episode Description
#Wynn Resorts announced a big stock shakeup with a competing casino owner taking the second largest stake in the company. Will Golden Nugget owner Tilman Fertitta exert more influence over Wynn as he gets ready to expand his casino empire with a new Strip casino across from Cosmo?
In other #news we cover the insane #Vegas Formula 1 room rates including why you may want to wait to book a room for that weekend. Ticket prices were equally insane, but at least the city is festive as F1 takes over this weekend for a fan fest. We also cover MGM Resorts and Caesars earnings, update you on the Mirage transition (including comps and tier matching) plus find out where to find the hottest pizza in Vegas.
Produced & Edited by: Shawn Coomer
0:00 The flaming spiciest pizza in Las Vegas
1:40 Tilman Fertitta takes a 6% stake in Wynn Resorts
2:52 What does this stock move mean for the future of Wynn?
4:33 Insane hotel rates & ticket prices for the Vegas Formula 1 race
6:48 Will the hotel rates comes down? Should you hold out before booking?
8:30 Formula 1 Launch Party including cars on the Strip & in casinos
9:44 Mirage transition update – What is happening with the volcano, comps & tier matching?
11:39 XFL announces Vegas team name & plan for 2023 season
13:59 Caesars and MGM earnings – Key takeaways
16:15 Caesars Entertainment is NOT selling a property any longer
Relevant Links:
Spicy Pizza –
Wynn stock –
F1 Launch party –
Mirage FAQ –
Vegas Vipers –
Caesars earnings –
MGM earnings –
Social Media
Facebook Group –
Twitter –
Podcast –
Website –
Host – Shawn Coomer – @MtM_Vegas
Host – Mark Ostermann – @DetroitMark
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30 comments
Learn to travel for "free" utilizing the best credit card welcome offers. Travel to Vegas and anywhere else! Check out this free tool that we highly recommend.
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All of the Rattlesnakes found in Nevada are in the Viper family
Rattlesnakes are vipers 😉
I tried to get tickets for 2023 F1 and the early American Express was $8000 each and my early access yesterday I was offered $2000 each. Needless to say I didn't get one as much as I wanted to and can afford to. It was the principal of the thing. How can most people afford to see an event like the F1 in Vegas? Crazy.
You guys do a nice job. But I do have a suggestion. In general youtube viewers of Las Vegas content like Las Vegas. Perhaps at least one topic per episode should be devoted to something you guys actually like instead pooping all over every topic.
Rattle Snakes are a type of pit viper by the way. Go Vipers!
I was in Vegas this week, with a Bellagio Fountain View room on Wednesday when they were filming it. I could barely see the car so if you’re in room 19-068 for the race, you’ll miss quite a bit of the race. The traffic was ridiculous for a Wednesday night, and my friend got caught in the line to leave Bellagio.
Overall the trip was fine. MGM is doing a better service for Gold cards now than they used to, while Caesars is still Caesars.
Here are my Bally's/Horseshoe rates. There was no arrival option for Thursday 11/16 so I used the Wednesday arrival. Also it says full DEPOSIT is non refundable but as you can see the deposit was only $131.52. I'm not going and was just checking prices so who knows what would have actually been charged if I made the reservation.
WEDNESDAY, 11/15/2023
$116.00
THURSDAY, 11/16/2023
$553.00
FRIDAY, 11/17/2023
$676.00
SATURDAY, 11/18/2023
$676.00
TOTAL
SUBTOTAL
$2,021.00
TAXES
$270.41
RESORT FEES
$0.00 PER ROOM, PER NIGHT
$0.00
TOTAL
$2,291.41
DEPOSIT DUE NOW
$131.52
F1 is awesome, you are just paupers.
So there are alot of people upset with F1 due to number of races and the pricing. For example going to 105th Indianapolis 500, purchased 2 tickets for 1/2 the price in The MAIN GRANDSTAND. Good job as usual
Where else can people put their money with Biden dumpimg on the stock market. gaming can't be anywhere as risky as watching prez Mushbrain ruining the market..
Ebitda = pronounced e bit da 👍
We already have the Arizona Rattlers…. Vegas is going crazy 😳
I am a big Wynn fan I hope there’s no drastic changes
I’m curious what the hotels are going to be doing Re: F1 viewing experiences, cause there are way more rooms available than there will be seats for the race. Food for thought…
Yes, I'm sick of hearing about F1. Couldn't pay me to go. Reminds me of Superbowl parties planned 2022… high prices, lotsa hyped predictions… most were undersold duds. Final results, they may scare people off.
Seriously, minor point – who is prepaying non-refundable for Rio?… not even on the route, and by November 2023, might not even be Caesars. Not getting much buzz, but the Dreamscape transition should complete in 2023.
Imagine the price for a bottle of water during Formula 1 weekend.
$800/night PLUS "resort fee"!
being at F1 races is overrated… watching the broadcast is so much better and great for new people watching the sport. They do a great job of educating what is going on in their pre game show. Now, if you can see it from the hotel room, that would be cool and have it on the tv too.
Las Vegas land of the price gouging. It's safe to say there's no reason for even looking at deals anymore. I think a lot of people are staying closer to home near their own casinos. I'm curious to see when everything is going to bottom out in Vegas from all these high prices
That pizza definitely looks spicy, the Criss Angel jokes by Mark always made me laugh and the tickets and hotel room rates for the F1 race are very expensive, keep in mind that this sport is very different from Nascar and it's like the wealthy cousin.
I was at Coconut Creek Casino last weekend in south Florida and I was told by my casino host that they will be matching MGM and Caesars status at the new resort in Las Vegas
Can’t wait for the hard rock
You guys are the only Vegas news source I follow and trust. The delivery is great too! Thank you guys!
I noticed today that demolition has started on the travel lodge on the strip.
Ebitda
ee-bit-dah
Earnings Before Income Tax, Depreciation, and Amortization.
Casinos are gauged by their Ebitda more than other industries.
wow IDK I would have to do the math on tickets available vs rooms etc. for the F1 race. I have seen a bunch of races and the wildest one was INDY CARS thru and around downtown look that up. GO TO Long Beach Grand Prix for ALL the races on the 3 days. You will love it.
Anyone who doesn't like Long beach…….no fun…..
Yep, forget about Formula 1 & NFL Draft Day
You know
The rooms are insane
Takes the fun out of it and I'm a local. I've been watching the rates there are a few places I want to see but forget it. The Cosmo, The M, and three others. Forget it.
I dont think they'll come down.
They're double dipping so at some rates it's like your paying for two or three rooms.
Eventually as this economy gets worse they can forget it. More rooms will be empty.