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.
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.
What happens in Vegas, stays in Vegas — except now sports betting, as other states look to swoop in and take their share of the multibillion market. But guess what? Vegas will survive.
Monte Carlo might be known for its traditional luxury offering, but a deeper look shows a hospitality group that's keenly aware of its positioning, the changing market and how it must adapt to ensure a spot of the ultra-wealthy's jet set itineraries.
Suppliers, namely airlines, hotels, a cruise line and a car rental company, clearly dominate the top 15. Priceline and Amadeus are the only middlemen represented.
Atlantic City has had its struggles, and now the advent of online gambling in New Jersey could benefit the casinos financially, but also could make an actual visit to the fading city almost an after-thought.
CityCenter was one of the most grand developments since the building of the Strip itself over five decades ago. Although it has started to inch its way into profitability, it will always be connected to the U.S.'s 2008 real estate crash.
Atlantic City's own crumbling fortunes can't be divorced from its glitzy gambling business and boardwalk businesses, and Revel is just the highest profile symptom of the deeper issues that lie below the surface.