Most casino operators in Las Vegas prefer to have a revenue split close to MGM than Caesars. In fact, Caesars wants to have a revenue split closer to MGM Resorts. The two casino operators have different approaches to their companies. MGM Resorts is expanding with new casinos and a massive profit growth plan. Meanwhile, Caesars Entertainment is looking elsewhere to generate revenue.
Las Vegas never takes a break. There is so much news this week that the quick hits will be overflowing. Downtown Grand Planning A New Hotel Tower. There’s A Crane At Resorts World…….
Vegas News | Lots Of Changes Coming To The Cromwell and more…. The CROMWELL Hotel Las Vegas is one of my favorite casinos to gamble on the Vegas Strip. After a celebratory dinner at Giada, we ventured to the casino floor to play a little Pai Gow. Before sitting down for a 6 hour and 27-minute session my friend and I explored construction all around the casino.
May has been a busy month for the corporate entity Caesars Entertainment. You can see all of the press releases here but I’ll try to share the interesting information in easily digestible bites. Let’s roll!
One of the best weekend’s of the year in Las Vegas will be coming to an end by the time you read this. The first Saturday in May brings gorgeous weather, the Kentucky Derby, a big fight, Cinco de Mayo parties, MLB games, NBA & NHL playoffs and more.
Booking a hotel room in Las Vegas isn’t as simple as it used to be. Actually, just visiting the Vegas Strip isn’t as simple as it used to be either. The addition of resorts fees to advertised hotel room prices in Las Vegas over the years mean that your hotel room price isn’t what you’re being told it will be. But wait, there’s more! There is another fee if you plan on using a car in Las Vegas. Many casino operators on the Vegas Strip are now charging an hourly and daily parking fee for self-parking and valet. These parking fees are applicable to anyone with a car visiting or staying at the property.
I usually go into the weekend with one or two pages of notes with the Las Vegas news. There are three pages of fun today. There’s a lot of information this week, so buckle up! I’ll try to keep everything short, sweet and easy to read.
This week will be a bit different format for Vegas News. The article begins linking to another story because you love parking and jumps right into rumors. There was so much news last week that I’m just giving a bunch of quick hits for you to read directly from the sources.
The Cosmopolitan will begin charging for valet parking on April 18. Self-Parking fees will begin on May 16. Both visitors and hotel guests will be required to pay for parking. Las Vegas locals will have to pay as well. Here are the specifics:
The Las Vegas Convention and Visitors Authority (LVCVA) released their annual Las Vegas Visitor Profile last week. This is a snapshot of the average visitor to Las Vegas + Renovations, Gambling and more.