Tag: caesars
Several Las Vegas Casinos Still Closed
The vaccine has been rolling out and recovery is underway. But despite the good news, many Las Vegas casinos are still dark. Thirteen, to be exact. And while some properties are waiting for restrictions to lessen, others have closed their doors forever. Some of the more popular properties on the “still closed” list include Main Street Station, Eldorado, Texas Station, and The Palms. It has already been announced that Main Street Station will reopen, but the question is when. The best answer is ‘when it’s profitable’, and that means when tourism returns. The Eldorado Casino is gone forever… sort of….
Rio Casino Open Before New Years Eve
The last Caesars property to reopen after the pandemic has finally answered a critical question: Will the Rio Casino open anytime soon? And the answer is a happy “yes”! And you may be able to ring in the New Year there if you book soon! The Rio All-Suite Hotel & Casino now says they will open their doors before the end of the year. You may remember that Caesars sold the Rio to a New York real estate company, but Caesars continues to manage the resort for at least two more years. Caesars CEO Tom Reeg also added that (despite…
Adults Only Cromwell Resort First on Vegas Strip
Following the opening of the “grown-ups exclusive” Circa Las Vegas hotel and casino on Fremont Street, the adults only Cromwell will reopen next week. When it does, it will be the first such resort exclusively for adults on the Strip. Caesars Entertainment recently announced plans to resume operations at The Cromwell on the morning of October 29th. The boutique hotel and gaming floor will be open seven days a week for guests 21 and over. Additionally, The Cromwell will debut the newly branded William Hill Sports Book on reopening day, with new customer offerings that include self-service sports betting kiosks…
Caesars is Charging for Parking Again
Don’t look now, but one Las Vegas operator has made a change: Caesars is charging for parking again. While Nevada residents and hotel guests will not be charged, other guests will have to pay for self-parking. These fees will be collected at Caesars Palace, Paris Las Vegas, Bally’s Las Vegas, Flamingo Las Vegas, The LINQ Hotel + Experience and Harrah’s Las Vegas. Caesars officials say this change is intended to improve the overall guest experience. Fees will start to be collected on October 30th, and you can read more about why Caesars is charging for parking at their resorts at…
Caesars May Breakup William Hill to Sell in Pieces
Less than a week after Caesars Entertainment purchased the British bookmaker for $3.7 billion, talk has already started that they will breakup William Hill and sell off pieces of the company. Caesars seems clearly set to focus on the American assets of William Hill, saying that they will “seek suitable partners or owners” for the UK portions of the company. They estimate the U.S. sports and online betting market to be worth somewhere near $35 billion. Analysts estimated William Hill’s non-U.S. assets could fetch Caesars between $2 billion and $4.5 billion. The company could put that money toward repaying its…
Caesars Buys William Hill
In a move that is sure to shake up the gambling industry, Caesars buys William Hill for close to $4 billion. The deal was announced today, as shareholders of the British bookmaker will receive a 25% premium with a closing share price of 217.60 pence. The two companies said on Monday that they were in advanced talks over a possible offer at 272 pence for each William Hill share, which the U.K. company said was “minded” to recommend to its shareholders. ““William Hill’s sports betting expertise will complement Caesars’ current offering, enabling the combined group to better serve our customers…