Caesar’s sold to company that owns Golden Nugget (1 Viewer)

[Kam]

Article:

Caesars Entertainment, a Las Vegas Strip icon, is sold for $6 billion

Caesars Entertainment is being acquired for almost $6 billion by Fertitta, the company that owns Las Vegas’ Golden Nugget and chains like Rainforest Cafe and Morton’s.

Read in The Associated Press: https://apple.news/A8rJstpclTDqKzGpQI8za1w

 

[toothpic]

Just saw that a while ago too. I wonder how that's going to change things at Cesears properties in the near future and I wonder if he plans to rebrand any of the current casinos. Can't a worst direction than how they have been for the past several years so hopefully it brings life back to some of those locations.

 

[Moxie Mike]

Just saw that a while ago too. I wonder how that's going to change things at Cesears properties in the near future and I wonder if he plans to rebrand any of the current casinos. Can't a worst direction than how they have been for the past several years so hopefully it brings life back to some of those locations.

It wouldn't shock me to see some of the remote Caesars properties (like Harrah's in Cherokee, NC) to be rebranded - but iconic properties like Flamingo, RIO & Caesars Palace will probably all remain the same. Cromwell was already scheduled for a rebrand (I think) so I'm not sure what they'll do with that...

 

[SuckoutKing]

Article:

Caesars Entertainment, a Las Vegas Strip icon, is sold for $6 billion

Caesars Entertainment is being acquired for almost $6 billion by Fertitta, the company that owns Las Vegas’ Golden Nugget and chains like Rainforest Cafe and Morton’s.

Read in The Associated Press: https://apple.news/A8rJstpclTDqKzGpQI8za1w

That's great because Caesars was becoming a run down mess of a casino. Hope they put in a bunch of upgrades and make it the jewel it once was.