Articles tagged “caesars”

Billionaire Investor Carl Icahn Pushes Caesars to Sell Itself

Billionaire Investor Carl Icahn Pushes Caesars to Sell Itself

Christopher Palmeri and Scott Deveau, Bloomberg

This is a big deal, considering Icahn's nearly 10 percent stake in the company, and his history of mergers and acquisitions in the casino industry. Is this the beginning of the end for Caesars as an independent company?

2 days ago

Caesars Debuts Non-Gaming Hotel Brand and 6 Other Hospitality Trends This Week

Caesars Debuts Non-Gaming Hotel Brand and 6 Other Hospitality Trends This Week

Isaac Carey, Skift

This week in hospitality, Caesars responds to changing consumer demand, a report finds that direct booking keeps customers in loyalty programs, and a "glamping" startup raises $115 million.

3 weeks ago

Caesars Doubles Down on Its Non-Gaming Strategy With New Brand

Caesars Doubles Down on Its Non-Gaming Strategy With New Brand

Deanna Ting, Skift

You can bet the incredible brand recognition of the Caesars name will still prove to be a double-edged sword as Caesars tries to delve deeper into the non-gaming space.

3 weeks ago

Caesars Employees Avoid Strike With Approval of New Labor Contract

Caesars Employees Avoid Strike With Approval of New Labor Contract

Regina Garcia Cano, Associated Press

The last thing Vegas — or any tourism destination for that matter — needs is a labor strike.

8 months ago

Caesars Bets on Growing Its Business With Non-Gaming Hotels

Caesars Bets on Growing Its Business With Non-Gaming Hotels

Deanna Ting, Skift

We’re putting our money on the Cromwell and LINQ brands to do well with the hotel owner/developer set, which is increasingly looking for upscale lifestyle and select-service brands. As for the Caesars Palace and Flamingo brands — they're so inextricably tied to Vegas and to gaming, it'll be hard to convince guests otherwise.

9 months ago

Labor Unions Threaten a Las Vegas Strike That Might Cost Casinos Millions

Labor Unions Threaten a Las Vegas Strike That Might Cost Casinos Millions

Regina Garcia Cano, Associated Press

Take the union numbers quoted in this article with a grain of salt, as their remarks may be inflated as a negotiating tactic. But there's no doubt a labor strike could hurt Las Vegas resort groups.

9 months ago

Vegas Workers Threaten Over Wages, Safety and Robots, But Owners Don’t See Strike

Vegas Workers Threaten Over Wages, Safety and Robots, But Owners Don’t See Strike

Christopher Palmeri , Bloomberg

The issues at the center of labor unrest in Las Vegas translate across the entire U.S. economy: a decent wage, workplace safety and losing your job to a robot. The culinary workers and bartenders' contract is up June 1. Let's see what owners can guarantee.

9 months ago

The Most Highly Compensated Hotel CEOs of 2017

The Most Highly Compensated Hotel CEOs of 2017

Deanna Ting, Skift

We can only hope that a large portion of Steve Wynn's $34 million compensation from last year will go to his multiple alleged victims.

9 months ago

Caesars Looks Deeper Into Hospitality To Diversify Beyond Gaming

Caesars Looks Deeper Into Hospitality To Diversify Beyond Gaming

Christopher Palmeri, Bloomberg

Despite its bankruptcy, Caesars is primed to take advantage of plenty of opportunities for growth and expansion — and the company knows it will need to rely on more than just gaming to do it.

2 years ago

Wyndham Partners With Caesars on Loyalty Programs

Wyndham Partners With Caesars on Loyalty Programs

Deanna Ting, Skift

Yet again, Wyndham Rewards isn't missing out on any chance to capitalize on the opportunities opening up in the pending integration of SPG with Marriott Rewards.

2 years ago

The 10 Most Highly Compensated Hotel CEOs of 2016

The 10 Most Highly Compensated Hotel CEOs of 2016

Deanna Ting, Skift

Yet again, Steve Wynn keeps winning, as are his gaming counterparts. Marriott CEO Arne Sorenson, who managed to win an all-out battle for Starwood last year, was the top-ranked non-gaming CEO.

2 years ago

The 10 Most Highly Compensated Hotel CEOs of 2015

The 10 Most Highly Compensated Hotel CEOs of 2015

Deanna Ting, Skift

Despite troubles in Macau, the usual suspects — namely gaming CEOs — took home the most money in 2015, with Wyndham’s CEO grabbing the No. 2 spot.

3 years ago