Caesars Entertainment has sold its Las Vegas off-Strip Rio All-Suite Hotel & Casino property for $516.3 million to the New York-based Imperial Companies real estate company. Caesars will continue to operate Rio for two years and pay an annualized rent of $45 million.
Discover how Global Gaming Expo (G2E)—the largest annual gathering of global, commercial and tribal gaming professionals in North America—uses smartphone app technology to keep its nearly 30,000 attendees on schedule and matched with suppliers.
Southern Michigan’s FireKeepers Casino Hotel in Battle Creek celebrated its latest project with a groundbreaking ceremony in June 2019. Along with the Nottawaseppi Huron Band of the Potawatomi, the property began construction of a second hotel tower and additional amenities. The target completion date is late 2020.
Reno-based Eldorado Resorts and Las Vegas-based Caesars Entertainment are about to make history. On June 24, 2019, the companies announced they had entered into a definitive merger agreement that will result in the creation of the largest U.S. casino operator. Under the transaction, Eldorado will acquire Caesars for approximately $17.3 billion, including the assumption of outstanding debt.
Concerns raised by Massachusetts legislators prompted MGM Resorts International to end conversations it had been having with Wynn Resorts over the possible sale of Wynn’s Encore Boston Harbor.
My Hard Rock journey began in 1970, when we moved from Los Angeles to London. The Great American Disaster, Peter Morton’s first burger joint, was our neighborhood go-to. His next venture switched me onto rock music for life: the high-decibel Hard Rock Cafe and its guitar-decked walls, co-launched with Isaac Tigrett in June 1971. Rock is also my Atlantic City touchstone, since first coming here in 1989 to see the Stones at Boardwalk Hall.
From Massachusetts to Maryland, runaway expansion in the East Coast gaming market continues. Billions have been invested in some 25 new properties over the last decade-plus. On the corporate front, ownership changes, merger talks, competitive maneuvers and more are reshuffling the deck. Amid this volatility, meeting and events remain key house advantages.
Coastal Mississippi checks all of the boxes on any meeting planner’s—and meeting attendee’s—checklist. Its miles of beautiful beachfronts, world-class gaming and award-winning culinary offerings make it a prime destination for groups of all sizes. The Biloxi area’s all-in-one casino resorts provide all of this and then some.
Meetings Today Senior Contributor Jeff Heilman spoke with Lori Glennon, executive director of sales, Valley Forge Casino Resort, Prussia, Pennsylvania, about the hotel’s capabilities for hosting events.
At 6-foot-5, Michael Massari, chief sales officer for Caesars Entertainment Corp., is hard to miss. So are his accomplishments. Since 1998, he has helped elevate Caesars Entertainment into a national leader for meetings and events. Now, behind a wave of brand-redefining investments in new venues, experiences and technology, he and the company are aiming even higher.