Noticias de ultima
  • 12.00 CPI summons former referee on suspicion of match-fixing
  • 12.00 BIS SiGMA Americas co-founder calls for legalisation of land-based casinos in Brazil
  • 12.00 The acquisition of Neogames by Aristocrat has been finalized
  • 12.00 Novomatic's innovative offerings and market insights: a recap of our presence at GAT Expo 2024
  • 12.00 Alfastreet Gaming and Ludi: Partners in Cogit Group Casino Excellence
  • 12.00 Miguel Ángel Ochoa in GAT: "No casino has been closed due to money laundering or drug-related issues"
  • 12.00 CGS Santiago, an Xpo360: The immersive Gaming experience returns to Chile
  • 12.00 CT Gaming is participating in the latest edition of Belgrade Future Gaming Show
  • 12.00 Galaxsys Ninja Crash Lands Most Played Game
  • 12.00 Successful Exhibition for Merkur Gaming at GAT Cartagena
Casino

Caesars has huge plans for classic Las Vegas Strip resort casino

Tuesday 07 de November 2023 / 12:00

2 minutos de lectura

(Las Vegas).- The oldest resort casino on the Las Vegas Strip, The Flamingo, has seen better days. It's a classic casino, but its rooms need to be remodeled, and its restaurant lineup to be refreshed to bring it close to the offerings of the other properties in Caesars' Las Vegas Strip portfolio. 

Caesars has huge plans for classic Las Vegas Strip resort casino

Currently, the resort houses Bugsy & Meyer's Steakhouse, and the non-descript Carlos 'n Charlies as well as a low-end food court and a coffee shop/snack stand. Technically, the venue also claims Jimmy Buffett's Margaritaville as a tenant, but that popular bar and restaurant is more adjacent to than part of the property.

Little attention has been paid to The Flamingo in recent years as Caesars has made major additions to Caesars Palace, revamped parts of Harrah's, modernized Horseshoe after it dropped the Bally's name, and added multiple restaurants and bars to Paris Las Vegas which will also add a tower that was previously part of Horseshoe.

Flamingo was overlooked because, at this time last year, the company was still planning to sell the resort. That process fell through but Caesars Entertainment (CZR) - Get Free Report CEO Tom Reeg was clear that he was okay with that during his company's second-quarter earnings call.

 "As we have discussed, this is a discretionary trade for us," Reeg said, 

At the time of the proposed sale, the CEO explained his logic and the feedback the company received.

"When I first started talking about we're to sell our Vegas Strip asset, the response from full sell-side and buy-side was why would you want to sell the Vegas Strip asset? Look at how great it is. And we said there are times in the market that you don't have to go back very far, that where -- we didn't -- we wouldn't want to have owned this many rooms," he said, "And now the conversations have turned to, oh my god, can you get this done? This is critical. This is a change in you, not in us."

Now, Caesars has recommitted to Flamingo with two massive projects scheduled for the resort that will make it more of a restaurant and bar destination.

Caesars Flamingo adds Gordon Ramsay

Gordon Ramsay has a very successful partnership with Caesars that includes six Las Vegas Strip restaurants will lend his name to a new project at Flamingo. Caesars has not shared any details of the new project which is code-named "Bird Bar," according to a permit filed with Clark County on Nov. 1 for a $3.5 million restaurant at Flamingo," the Las Vegas Review-Journal reported.

The newspaper confirmed the restaurant, speaking to "a person with knowledge of the project who was not authorized to speak publicly."

No details have been shared for the eatery and Ramsay's portfolio runs the gamut from high-end steakhouses, to gastro-pubs, and more casual eateries like his fish and chips shop in Caesars Linq Promenade. He also has a burger restaurant at Planet Hollywood and even a branded pizza concept as well as a coffee shop at the Harrah's in Cherokee, North Carolina. 

Caesars also shared on Nov. 2 that reality TV star Lisa Vanderpump's bar slated to also open at Flamingo now has a name. The project will include "designs reminiscent of a bygone era," according to a press release. 

Vanderpump called the theme "Art Deco style" and shared that the building will extend into a dramatic conservatory that will enhance the façade of the Flamingo on the Las Vegas Strip.

"Like her other locations, Pinky’s by Vanderpump (coined after Vanderpump’s nickname 'Pinky') will feature distinctive dishes, statement cocktails, and the restaurateur’s signature design aesthetic," Caesars shared.

The new bar and restaurant will open in the summer of 2024. No opening date has been set for Ramsay's secret restaurant project.  

Categoría:Casino

Tags: Sin tags

País: United States

Región: North America

Event

GAT EXPO CARTAGENA DE INDIAS 2024

09 de April 2024

Novomatic's innovative offerings and market insights: a recap of our presence at GAT Expo 2024

(Cartagena de Indias, SoloAzar Exclusive).- Manuel Del Sol - CEO at NOVOMATIC Gaming Colombia, gave an overview during the interview with SoloAzar, focusing on the innovative products presented at the event, the good reception from visitors, insights on the Colombian iGaming market, the latest technological trends incorporated into the platform, and the firm's approach to regulatory adaptation in the Latam market.

Friday 26 Apr 2024 / 12:00

Miguel Ángel Ochoa in GAT: "No casino has been closed due to money laundering or drug-related issues"

(Cartagena, SOLOAZAR Exclusive). One of the most interesting moments of the 25th anniversary edition of GAT Expo in Cartagena de Indias was undoubtedly the AIEJA panel dedicated to the Mexican gaming market. In this note, we review the key segments of the intervention of Miguel Ángel Ochoa, the president of AIEJA on that day.

Friday 26 Apr 2024 / 12:00

Connections, agreements and surprises for R. Franco Digital at the 25th edition of GAT EXPO

(Cartagena de Indias, Exclusive SoloAzar) - Guillermo Ruipérez, head of sales at R. Franco Digital, in an exclusive conversation with SoloAzar, emphasised the special focus on organisation and networking during the 25th edition of GAT EXPO. He highlighted the wide range of the integral products and services offered by the firm, as well as the international character of the event that consolidates it as an essential regional meeting point.

Thursday 25 Apr 2024 / 12:00

SUSCRIBIRSE

Para suscribirse a nuestro newsletter, complete sus datos

Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.

PODCAST