The news in Las Vegas never ends. This week Caesars waited until Friday night at 11pm to release news that
Caesars just had their first investors call since emerging from bankruptcy and I have a lot spinning in my head. Corporate earnings calls usually focus on revenue. This call was used more to discuss the future plans for Caesars Entertainment.
Gambling was once the main revenue generator for Las Vegas casinos. Along with food and beverage, hotel rooms, and amenities, it’s just part of the revenue mix today.
Vegas News | Casinos, Sports, Dining and a Gila Monster! All the Vegas News and scoop every week at TravelZork.
My feelings on the casino drink monitoring systems at the Cosmopolitan, Caesars Entertainment, and MGM Resorts International casino bars are mixed. I generally don’t mind the systems, especially at the Cosmopolitan, but I’m not entirely happy they have to exist.
For the past year, Caesars has been devoted to renovating their hotel rooms around the country. The reason for the upgrades is $imple. The new room products result in higher room rates. The interesting thing is that renovated Las Vegas hotel rooms are sort of a win-win for customers and the hotel operator.
Park MGM, Boyd Gaming Crushing, Free Show By The Killers + much much more. Count on TravelZork every week for all the Vegas News!
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.
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.
It feels as if Las Vegas has been on a tear with news and rumors lately. I enjoyed finding time just sorting through the headlines. Well, June starts off on the other foot. There’s not much new or interesting to report. Expect this to be a quick look at what’s new in Las Vegas this week.