Caesars Looks Outside Of Casinos For Revenue

Caesars Looks Outside Of Casinos For Revenue

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 | More Drink Monitoring, Wynn Expansion Shrinks And More

TravelZork Las Vegas News 14 May 2017 Vegas News | More Drink Monitoring, Wynn Expansion Shrinks And More

Drink monitoring systems may not affect you if you’re visiting a video poker bar in a casino specifically to play video poker. It’s a different story if you’re passively playing video poker expecting complimentary drinks. The systems aren’t ubiquitous…yet.

First Quarter Was Great For Las Vegas Casino Operators

Casino Earnings Reports Casino Financial

First quarter earnings were great for the largest Las Vegas casino operators. New Year’s Eve bled into the first quarter. The extra day of revenue was helpful for casino operators. The year always starts with a bang. The Consumer Electronics Show (CES) is the largest convention and expo of the year with well over 100,000 attendees.

Get Free Vegas Parking At Caesars And MGM Hotels

Vegas Parking Fees

There’s no topic in Las Vegas from the past year that’s drawn more ire than paid parking on the Vegas Strip. According to the most recent visitor profile, from the Las Vegas Convention and Visitor’s Authority, 57% of the people visiting Las Vegas arrive by car.

Las Vegas – Gaming | Three Quarterly Casino Earnings Reports To Watch

Gaming | Casino Earnings

It’s quarterly earnings season where corporations share information on their previous quarter. Hopefully, some of the luxury and large casino operators will also spend some time looking forward informing up what they have in store for Las Vegas. Here are the reporting dates for Las Vegas casino operators that I’m looking forward to.