Caesars didn’t have much information beyond finances during its earnings call. Here’s a quick overview of what the company discussed about Las Vegas. Oh, and a last-minute addition about a new promotion MGM Rewards Daily Tier Status Accelerator, which somewhat mimics the current Caesars Rewards Loyalty Program Daily Tier Promotion.
Your theoretical loss to the casino (your casino theo or average daily theoretical – ADT) is the way the casino calculates what you are worth to them. It’s not a theoretical win because every game that the casino offers has a house advantage and the payoff for a bet is always less than the odds of winning that bet.
While the upcoming changes, effective 02/01/18, to the Caesars Total Rewards program, is a massive slash in benefits, some of the changes certainly make sense from their perspective. I try to play devil’s advocate and understand the business purpose for these decisions. Some I get, while others baffle me when I try to view them through the bean counter’s eyes.
I received a pre-approved offer for the Mlife Rewards MasterCard and pulled the trigger after ZorkFest. This is not an overly generous offer, but with no yearly fee and no foreign transaction fees this is an opportunity to build a relationship with Mlife and earn some perks before even stepping into a property.