Adults Only Cromwell Resort First on Vegas Strip

Following the opening of the “grown-ups exclusive” Circa Las Vegas hotel and casino on Fremont Street, the adults only Cromwell will reopen next week. When it does, it will be the first such resort exclusively for adults on the Strip. Caesars Entertainment recently announced plans to resume operations at The Cromwell on the morning of October 29th. The boutique hotel and gaming floor will be open seven days a week for guests 21 and over. Additionally, The Cromwell will debut the newly branded William Hill Sports Book on reopening day, with new customer offerings that include self-service sports betting kiosks…

Caesars is Charging for Parking Again

Don’t look now, but one Las Vegas operator has made a change: Caesars is charging for parking again. While Nevada residents and hotel guests will not be charged, other guests will have to pay for self-parking. These fees will be collected at Caesars Palace, Paris Las Vegas, Bally’s Las Vegas, Flamingo Las Vegas, The LINQ Hotel + Experience and Harrah’s Las Vegas. Caesars officials say this change is intended to improve the overall guest experience. Fees will start to be collected on October 30th, and you can read more about why Caesars is charging for parking at their resorts at…

Caesars May Breakup William Hill to Sell in Pieces

Less than a week after Caesars Entertainment purchased the British bookmaker for $3.7 billion, talk has already started that they will breakup William Hill and sell off pieces of the company. Caesars seems clearly set to focus on the American assets of William Hill, saying that they will “seek suitable partners or owners” for the UK portions of the company. They estimate the U.S. sports and online betting market to be worth somewhere near $35 billion. Analysts estimated William Hill’s non-U.S. assets could fetch Caesars between $2 billion and $4.5 billion. The company could put that money toward repaying its…

Caesars Buys William Hill

In a move that is sure to shake up the gambling industry, Caesars buys William Hill for close to $4 billion. The deal was announced today, as shareholders of the British bookmaker will receive a 25% premium with a closing share price of 217.60 pence. The two companies said on Monday that they were in advanced talks over a possible offer at 272 pence for each William Hill share, which the U.K. company said was “minded” to recommend to its shareholders. ““William Hill’s sports betting expertise will complement Caesars’ current offering, enabling the combined group to better serve our customers…

Planet Hollywood to Reopen October 8th

Caesars Entertainment has announced that another of their strip properties will be reopening soon! The Planet Hollywood hotel and casino will welcome guests back beginning October 8th with the gaming floor open 7 days a week. The hotel, however, will be limited to weekend stays of Thursdays through Sundays. Additional amenities available at the property will include Gordon Ramsay Burger, Planet Hollywood Spa by Mandara, the Miracle Mile Shops, the newly branded William Hill Race & Sports Book and more. This announcement follows the successful reopening of Caesars Palace Las Vegas, Flamingo Las Vegas, Harrah’s Las Vegas, Paris Las Vegas,…

William Hill

Caesars Makes $3.7 Billion Play for William Hill

As sports betting in America continues to explode, Caesars Entertainment has made a multibillion-dollar offer to acquire William Hill for nearly $4 billion. The companies said in a joint statement that the Caesars could offer $3.45 per Will Hill share, which is an 81% premium to the stock’s average price over the past three months. The deal would give Caesars control of their US joint venture. Meanwhile, William Hill says it has a 32% share of revenue in the Nevada sports betting market while rapidly expanding in other states. The American Gaming Association expects nearly 35 million people, or 13%…