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With talk of a January bankruptcy filing, being almost out of cash, and raising the resort fees of six of its properties, Caesars Entertainment wins the award for being in the news this week for all the wrong reasons.
As we cash out for the weekend, here are more headlines on Caesars as well as a look at what else is making news in Las Vegas:
○Caesars layoffs to be ‘spread out evenly’ among properties, won’t exceed 680 workers (Vegas Inc.)
○One Reason Caesars Entertainment (CZR) Stock Continues to Spike Today (The Street)
○Caesars Entertainment's Bankruptcy Deal: Is This a Scam? (The Motley Fool)
○Nevada’s 1st online poker company, Ultimate Gaming, shutting down (Vegas Inc.)
○Las Vegas tourism officials see more visitors, money (Las Vegas Sun)
○Uber’s legal case against Las Vegas’ uber-powerful taxicab industry (Las Vegas Sun)
(PHOTO: Juliana S.)
Cashing Out / Vegas News / Sirio / Aria / NHL / Caesars Entertainment / Searsucker Las Vegas / Openings / → All Tags
Aria isn't done shaking things up on the verge of its fifth anniversary.
The resort has announced that Sirio Ristorante (pictured above) will close December 6. The promenade-level restaurant will be replaced with another, as-yet-unannounced dining destination. The Italian restaurant is open Monday through Saturday from 5 p.m. to 10:30 p.m. if you'd like to experience it all over again, or for the first time, before its final service. To check out the other changes happening around the resort, click here and scroll through our Aria archives.
The post -- which you can read in detail here -- places the debut of phase one in 2015.
While May 21 is the official debut date, The Cromwell could soft open in just days.
We're hearing from multiple sources that a transformed Bill's will be revealed as a swank boutique this Monday, April 21 at 4 p.m., specifically. Again, this is not official, but our tipsters say it's legit. From their physical appearances, we don't expect Drai's rooftop pool or Giada's restaurant to open until May, though.
Here's a sneak peek of a room that was posted on Instagram earlier today:
Now, a look at what else is becoming the talk of the town around Vegas:
This sign can be found downtown at the old site of the Ambassador Motel. The complex was torn down in 2007. The motel welcomed guests from 1952 to 1996. The land is now being used as a parking lot, for the most part. The llama reference refers to the land that the Downtown Project owns and the shape it sorta resembles. (It's a hipster thing, as photographer Greg Clarke concurs.)
As we put another week to bed, here are a few articles to keep you busy until we return
One of those rumored acts on the way to The Axis at Planet Hollywood is already official. This morning, the Backstreet Boys announced a tour of the US and Canada this summer. Their schedule reveals a two-night stop at The Axis May 30-31. Avril Lavigne will be their opening act.
From the desk of Mr. N. Pappagiorgio, gambling updates from The Strip to afar:
☛VegasChatter reader Mark. B. recently tipped us off to upcoming changes to table games at Harrah's. A floor manager there informed him that progressive table game bonuses are going bye-bye. He furthers reports being told all table games will be made like the "Million Dollar 3-Card Poker" already prevalent at Caesars properties.
What this means for gamblers is that
sucker side bets will no longer land a relatively smaller progressive jackpot and instead will fund a larger landfall that has an even unlikelier (yep, it's like that) chance of winning. Mark also points out this change will double the smallest table bets to $10 per hand leaving Casino Royale with the only $5 tables on the Strip.
Britney's still months away from taking the stage in her Vegas residency at Planet Hollywood, but that's not stopping media outlets from seeking
Amy stories. Before we leave you for the week, we thought we'd share a few of the more interesting ones. Left on the editing floor, the articles where Brit Brit says she'll sing live. Happy reading. We'll see you back here on Monday!
●The Value of Overpaying Britney Spears in Las Vegas (Forbes, 10.04)
●Céline Dion Offers Britney Spears Words of Wisdom for Las Vegas Residency: "Try to Find an Emotional Balance" (E! Online, 10.2)
●Britney Spears and the New Allure of a Las Vegas Residency (Analysis) (Hollywood Reporter, 10.3)
●Viva Residencies: 19 Music Superstars Who Rocked Las Vegas (Hollywood Reporter, 10.3)
Cashing Out / Downtown / Downtown Vegas / Downtown Grand / Fremont Street / Construction / Openings / Slotzilla / Shipping Container Park / Inspire / → All Tags
It's been ten days since our last Downtown Vegas construction roundup and we agree. It's been way too long. We trod from the Plaza to the Western and back again earlier this week. Here's your latest updates on where all those endless construction projects stand now:
Yes, Downtown Grand has quite a glow around it. As well as a old-timey casino sign (shown above) and striped canopies (below).
There isn't anything new to report about The High Roller observation wheel, but VegasChatter fan @sammasseur (with a wide-shot assist from the Linq's live webcam) is giving us another reason to gape at how tall it's getting thanks to updated snapshots.
Ice loves Coco, Vegas loves Coco and Coco loves everyone back.
Reality starlet Coco has agreed to let us keep peepin' her Peep in Peepshow at Planet Hollywood for another four months. That extends her residency through July 28. Coco took over for a preggers Holly (due soon) back in December. And, we quickly named her our fave Vegas celeb of 2012. Of course, instant scandal didn't hurt.
Right now, you can catch Coco Sundays through Tuesdays and Thursdays and Fridays at 9:30 p.m. and Saturdays at 8 p.m. and 10:30 p.m. at PHo.
Cashing Out / Slots / Vegas News / Gambling / → All Tags
It's no surprise that Megabucks is one of the most played slots. Nor, is it shocking to hear that Wheel of Fortune ranks right up there, too. But, we didn't expect to hear that the King of Pop is the King of Slots, too.
Vegas Inc. reports that those three slots were the top games for the fourth quarter of 2012. (WoF ranking first and the other two tying for second.) The news should make Mandalay Bay extremely happy as it prepares to launch Las Vegas' newest Cirque du Soleil production which just so happens to celebrate Michael Jackson.