Not everything will be better about this year’s upcoming Las Vegas F1 race. While construction issues have been greatly reduced, and the process of preparing for the crowds has gone much more smoothly, the financial return for MGM Resorts and Caesars Entertainment is expected to be much less than the inaugural event. During quarterly earnings calls, executives from MGM and Caesars each expressed concerns about the financial returns for this years race to investors and analysts. With expectations of returns for the 2024 Las Vegas F1 race so negative, both companies are now projecting multi-million dollar declines. Despite this, both…

Caesars Entertainment has announced that they have entered into an agreement to sell the popular LINQ Promenade. The buyers appear to be a joint venture company that will be formed between TPG Real Estate and the Investment Management Platform of Acadia Realty Trust for $275 million. The LINQ Promenade is a high traffic, 1,200-foot-long corridor right off the Las Vegas Strip that runs along the resort’s southern edge. It offers access to a new version of the O’Sheas Casino, as well as many popular attractions and restaurants, including our favorite In-N-Out Burger (sad we know) and great views of the…

Slot lovers rejoice! The first ever $2 Million Dragon Link games are now officially up and running at Venetian Las Vegas! They made their premiere the day before Halloween and are now live, waiting for players to test their luck! Players can choose from Dragon Link Genghis Khan and Dragon Link Peace and Long Life. Both appear on the MarsX Upright cabinet by Aristocrat Gaming. The new multi-million dollar Dragon Link games can be found in the recently renovated Venetian High-Limit Slots Salon, as well as The Palazzo High-Limit Gaming Lounge. These $2 Million Dragon Link games are in addition…

Our friends at Circa Las Vegas in downtown have just wrapped up a huge expansion of their hotel with the addition of more than a hundred rooms, bringing the total to 618. The construction took over nine months to complete and includes four brand new suites! Each of the new rooms features high ceilings, multiple charging outlets, a mini-fridge, and an Alexa smart device. What’s more is the work also introduced premium single-king rooms that connect with adjoining rooms, making Circa a perfect choice for families or friends wanting to stay close together. The work marks the third phase of…

The Tropicana implosion finally happened. Now, attention has turned to the building of the new Bally’s Las Vegas and the baseball stadium it will share a lot with. Bally’s just revealed their ‘master plans’ for the property which show three hotel towers being built at the same time as the new stadium. And while the name of the new resort has not been officially announced, what else could it be but Bally’s? Let’s remember that way it was back in October of 2020 Caesars Entertainment sold the Bally’s name to Bally Corp for $20 million. This was before anyone knew…

Americans love to gamble, but for years a line has been drawn around betting on US elections. That was until the New York-based startup Kalshi sued the Commodities and Futures Trading Commission over the issue. And in early September, a Judge agreed with the company and overturned the Commission’s prohibition on the activity. Kalshi then began offering election bets before the CFTC  appealed the courts decision. Now the whole matter of betting on US elections is up in the air again, as the federal appeals court heard the case but has yet to make a decision on the issue. However,…