How profitable is Park MGM? I always wonder why doesn’t Caesars make one of their Vegas properties non smoking.
Since reopening as the Las Vegas Strip's only fully non-smoking hotel-casino in September 2020 (after the pandemic shutdown and another few months for renovations), Park MGM has, by all anecdotal evidence, been strongly profitable. With a strict policy that prohibits smoking in indoor areas, including the casino floor, rooms, restaurants, bars, convention spaces, and common areas, while providing outdoor smoking zones, MGM Resorts has positioned the property as unique in a highly competitive market.
MGM doesn't break out individual property financials in public reports, but Park MGM's performance can be inferred from direct statements from property leadership, For example, Park MGM's long-time President Ann Hoff (retiring early next year) has stated the smoke-free policy appeals to "a significant market" seeking a cleaner environment, leading to "incredibly positive feedback" and "no observed business downturn." The reviews we looked at from visitors mostly noted that the casino and sports book are consistently busy, with high occupancy and guest satisfaction. Indeed, every time we walk through the joint, it's packed with gamblers, guests, diners, drinkers, and Dolby Live concert-goers.
As for why Caesars doesn't designate its own non-smoking hotel-casino, the arguments, as always, boil down to business risk.
In a 2024 proxy statement, the Caesars board of directors noted, "Completely banning smoking... may risk alienating our smoking customers." They view current policies as balancing appeals to both smokers and non-smokers.
And it's not just the board. Shareholders rejected a 2024 proposal (from health groups like Americans for Nonsmokers' Rights) to study smoke-free cost savings. Of course, the board wasn't displeased with the vote, insisting that even studying the situation "wouldn't be an effective use of company resources."
Instead, Caesars emphasizes its superior ventilation systems, designated areas to protect non-smokers without a full overhaul, and other steps it takes to protect the health of non-smoking guests and employees.
Caesars' stance reflects a broader industry caution, despite evidence from Park MGM and other smoke-free casinos showing no revenue harm and potential upsides, like lower insurance/maintenance costs and broader appeal. If Park MGM's model continues to thrive, it could pressure competitors like Caesars to reconsider, but for now, they prioritize preserving the status quo over any short-term disruptions that a change in policy might engender.
|
Donzack
Dec-28-2025
|
|
Tim Soldan
Dec-28-2025
|
|
O2bnVegas
Dec-28-2025
|
|
Randall Ward
Dec-28-2025
|
|
Alan Canellis
Dec-28-2025
|
|
Sandra Ritter
Dec-28-2025
|
|
Scotski
Dec-28-2025
|
|
John Dulley
Dec-28-2025
|
|
Kevin Lewis
Dec-28-2025
|
|
Bob
Dec-28-2025
|
|
David Sabo
Dec-28-2025
|
|
VegasROX
Dec-28-2025
|
|
hawks242424
Jan-08-2026
|