Tag: Flamingo Las Vegas
Flamingo Las Vegas Not for Sale Anymore
There were rumors for quite some time that Caesars Entertainment was going to sell their Flamingo Las Vegas property, and that they wanted a billion dollars for the aging piece of real estate. Now, however, the company has reversed course on the matter and decided they would rather keep the casino resort. You may recall that there was a lot of talk about Caesars selling one of their Strip properties for quite a while. And before there was any specific discussion of Flamingo being sold, many in the industry had speculated that perhaps it was the Planet Hollywood casino that…
Flamingo Las Vegas Could be on the Market
Our gambling news this week finds Caesars hemorrhaging cash and looking to sell a casino on the Las Vegas Strip. Possibly, Flamingo Las Vegas. And while most suspected Planet Hollywood would be the property sold, indications are that Caesars will try to find a buyer for the 75 year old property. Howdy friends! And welcome to This Week in Gambling, the feel good hit of the summer! And things are going well right now in Las Vegas. And that’s where I’ll be headed next week for my vacation. More on that in just a moment. But first, as we reported…
Caesars to Sell Flamingo Las Vegas?
Having just celebrated their 75th Anniversary in November of last year, rumors that the Flamingo Las Vegas will be sold by Caesars for over $1 billion are now swirling. We’ve known that Caesars was looking to sell a Strip property for quite a while now. Here at This Week in Gambling, our suspicion was clearly on Planet Hollywood as the most likely casino to go. And it looks as if Caesars agreed with us, right up until they realized it had theater they could use to host concerts. Attention then shifted back to Flamingo Las Vegas as the next most…
Flamingo Las Vegas Celebrates 75 Years
In 1946, Benjamin “Bugsy” Siegel and business partner Meyer Lansky famously opened the Flamingo Las Vegas Hotel intending to bring Hollywood glam to the desert. They created the first resort-style hotel on the Strip and forever changed Las Vegas. Flock to Flamingo Las Vegas as the “Forever Fabulous” resort at the heart of the Strip celebrates its milestone 75th anniversary. Now through the end of the year, guests can enjoy anniversary-themed offers at the resort, from a social media sweepstakes to hotel, spa and wedding packages. The Flamingo will also honor its dedicated Team Members with 75 Days of Appreciation….
