Caesars entertainment

Why Billion-Dollar Buyer Tilman Fertitta Is Betting Big on Las Vegas

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My most recent Forbes post examines why Tilman Fertitta is interested in expanding his Las Vegas footprint. The pending departure of Caesars CEO Mark Frissora makes this only more intriguing. It’s no secret that Las Vegas has had its challenges this year. So when, earlier this month, billion dollar buyer Fertitta proposed a merger with casino […]

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Caesars’ Changing Empire | Vegas Seven

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Here is my latest in Vegas Seven, about two Caesars transactions that, I think, augur the future: It’s no secret that both online and social gaming are growing; millions of people play “for free” each day, and at least 10 states—including California and Texas—are mulling the legalization of straight-up online gambling. The two transactions show

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For Linq’s Future, Image Is Everything | Vegas Seven

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In this week’s Green Felt Journal, I take a closer look at how one of Linq’s new tenants fits in: That’s where Linq comes in. As with most Caesars decisions, each element of the development has been meticulously analyzed. The observation wheel, for example, was chosen over other attractions because, in survey and focus groups,

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Vegas Seven

If you don’t see a video, it’s…

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If you don’t see a video, it’s here: http://youtu.be/EqZ82UwJuBQ

Author David G. Schwartz summarizes chapter 15, “A Clockwork Volcano: Las Vegas Strikes Back,” of Roll the Bones: The History of Gambling (Casino Edition).

This chapter starts by discussing some of the technological changes that made possible the rise of slot machines, like the introduction of video poker and wide area progressive games like Megabucks. It then talks about The Mirage, which opened in 1989 and kicked off the 1990s boom for Las Vegas. Although it completely changed the Las Vegas Strip, before it opened, many were skeptical that it would succeed.

We then learn about other important companies like MGM Mirage and the Mandalay Resort Group, which, through a series of mergers (including one with Mirage Resorts) became MGM Resorts. Las Vegas Sands, which owns the Venetian and Palazzo, is also profiled.

For more information about the book, visit http://www.rollthebonesbook.com

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Buffet of Buffets price hike

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This is in today’s Vegas Seven. Again, since it’s a short piece, there’s no online link, but here’s the text: Last spring, Harrah’s Entertainment (now Caesars Entertainment) rolled out an offer that, for those who like to stretch their waistband without stretching their dollars, sounded almost too good to be true: the Buffet of Buffets,

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Cosmopolitan will start an era in LVBP

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In my latest Las Vegas Business Press column, I talk about how the Cosmopolitan marks the beginning of an era on the Strip: With the opening of The Cosmopolitan of Las Vegas, some observers believe we’;re seeing the end of an era. Unless the economy improves remarkably, it’;s likely the last new hotel-casino that will

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