Park MGM
There are a couple of Las Vegas casinos that are definitely changing their name in the next year or so. There are a few other Las Vegas casinos that might consider changing their name at any time based on recent news and rumors. The latter casinos aren’t confirmed for a name change but casino chip collectors might want to grab some memorabilia on the next visit just to be safe.
Confirmed Name Changes
Monte Carlo has been undergoing a major renovation for over a year. It’s been almost two years since MGM Resorts announced that the new casino-resort will be called Park MGM. Even though construction will continue through the end of the year, the branding of the new property will begin sooner. There’s new signage inside and outside of the casino bearing the new Park MGM name. Casino chips will changeover shortly as well. Collectors might want to head to Park MGM to grab whatever old Monte Carlo memorabilia you can find.
Unlike Monte Carlo, there’s some time before the name changes at the Hard Rock Hotel and Casino. The property was recently purchased by a group of investors led by the Virgin Group. The new owners will take just over a year to renovate the Hard Rock before it becomes Virgin Hotels Las Vegas in late 2019. This gives fans of the Hard Rock awhile to visit Las Vegas and grab a chip or some other memorabilia.
Details on the renovation have been kept under wraps. What we do know is that there will be a new name for the Hard Rock next year and a new lounge named the Commons Club.
Possible Name Changes
SLS Las Vegas was recently sold to the Meruelo Group. The new owners also own a casino in Reno, NV called Grand Sierra Resort. Between the lack of success of the SLS brand and one owner having two branded casinos, there has been speculation that there could be a name change ahead for SLS Las Vegas. New ownership told the Las Vegas Review-Journal that they would spend the next year evaluating the brand name. It wouldn’t be a surprise to anyone if there’s a name change after renovations to the casino hotel are complete.
The parent company of Mandalay Bay, MGM Resorts, recently reported earnings for the first quarter of 2018. The report showed that Mandalay Bay is underperforming. Overall, the property has taken longer than expected to return to normal after the shooting on October 1, 2017. There have been very random whispers and rumors that MGM Resort might consider rebranding the property regardless of how good or bad revenue reports may be.
This is a long shot for a name change and is just speculation. That said if you’re a chip and memorabilia collector that doesn’t visit Las Vegas often you might want to take something home on your next visit to Mandalay Bay.
This has been quite a year for Wynn Resorts, to say the least. Steve Wynn is no longer a part of the company and gaming regulators are still dealing with the company. The new regime reiterated that they are looking to move forward during their recent earnings call. Part of moving forward is also trying to put Mr. Wynn’s issues in the past.
Wynn Resorts recently changed the name of their new casino in Massachusettes to Encore Boston Harbor from Wynn Boston Harbor. A name change for Wynn Las Vegas seems unlikely but if the price of memorabilia is as low as a $1 chip, you might want to grab one on your next visit.
