06-24-2019, 04:52 PM
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We have a big casino merger.
https://lasvegassun.com/news/2019/ju...valued-at-17b/
From a local's standpoint, this is going to move Caesars HQ from Vegas to Reno. I don't know what effect that will have. Nor do I have any idea how this will effect Caesars' Vegas properties.
06-24-2019, 05:00 PM
Location: Studio City, CA 91604
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El Dorado will probably move to Las Vegas, not vice versa. I can't see them staying in Reno. If they do, it will make Nevada's largest corporate entity located up north. That will make for some interesting politics given that most of their holdings and most of the state's legislation come from the southern part of the state now.
This has been interesting to watch. El Dorado made an offer to buy Ceasars back in May but it fell through. Apparently, they ponied up enough cash this time.
06-24-2019, 07:08 PM
Location: Aliante
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Wow, it will be 60 casinos across 16 States. The largest ever.
"The company, which will be called Caesars, will be led by Reeg, along with Eldorado Chairman Gary Carano. It will be based in Reno, Nevada, where Eldorado is based, with a 'significant corporate presence' in Las Vegas, where Caesars is based."
06-25-2019, 04:41 AM
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Is Eldorado betting the Farm? using a boatload of debt?
First order of business. Bring RIO status above that of Circus of Circus...... Lol. Billion dollars remodel should do it.
Why buy now? Wait a few years Caesar's could be had for a song. I firmly believe the Drew seeS big turbulence ahead.
Low interests rates cause people to overpay for aSSets.
06-25-2019, 10:23 AM
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Quote:
Originally Posted by
kttam186290
El Dorado will probably move to Las Vegas, not vice versa. I can't see them staying in Reno.
They've announced the corporate HQ will not move.
When such things occur, they always pay lip service to selecting the best of the people regardless if they used to be part of Caesars or El Dorado. We'll see. I'm guessing there are a lot of people in Caesar's corporate overhead who are not sleeping well right now.
06-25-2019, 12:23 PM
Location: Pacific Northwest
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Quote:
Originally Posted by
Jeers McGee
Is Eldorado betting the Farm? using a boatload of debt?
First order of business. Bring RIO status above that of Circus of Circus...... Lol. Billion dollars remodel should do it.
Why buy now? Wait a few years Caesar's could be had for a song. I firmly believe the Drew seeS big turbulence ahead.
Low interests rates cause people to overpay for aSSets.
I thought they had tried buying earlier, but didn't have the funds. Apparently it's always been a goal for them to purchase into Caesar's and why not? The brand recognition itself boosted Eldorado from a simply Reno run operation to one of the Big Boy Vegas/world known casino and entertainment brands.
Especially outside of the US Caesar's is synonymous with Vegas and I feel in my visits most of the bigger named casinos on the strip under the Caesar;s brand are pretty much exclusively targeting the international dollars and upper spending levels more than the simple masses. And Caesar's has been on the market for enough time that anyone with the right money could come in if they wanted to. It just seems that Eldorado was the most interested party (casino brands aren't cheap or easy to navigate, another NV company really has a step up there)
I have a feeling that with Carl Icahn behind this move, we'll see Caesar's do plenty of changes so him and his friends can get the most out of their investment. Glad my husband and I got to enjoy a couple cheap nights before everything gets "shareholder approved".
06-25-2019, 12:41 PM
Location: Las Vegas, NV
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Quote:
Originally Posted by
Thedude404
IMO there will have to be a lot of consolidation within the two brands. Take their sports betting unit. So many different and competing brand affiliations within both organizations. It's totally confusing. Not sure how all of that is going to work out.
As far as the Rio goes, I'm still of the opinion that this will eventually be bulldozed. Zero chance they are going to dump a billion dollars into the Rio. Bulldoze it and sell the property to say a MLB team to build a stadium. Either that just sell it off to another casino and let them dump a billion dollars into a failed entity.
If they do keep their HQ in Reno, it's going to put a lot of middle class workers out on the streets with that consolidation. With MGM shaving their workforce, that is a lot of decently skilled workers that don't have many options left to them and there isn't enough non-gaming opportunities for them to pursue, either.
The one saving grace for the Rio is the WSOP. I'd be shocked if that isn't what keeps the place running. If they relocated the WSOP to a strip property, I'm sure there would be some backlash from the players because of logistical nightmares.
06-25-2019, 04:30 PM
Location: Las Vegas, NV
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Quote:
Originally Posted by
musicfamly5
Especially outside of the US Caesar's is synonymous with Vegas and I feel in my visits most of the bigger named casinos on the strip under the Caesar;s brand are pretty much exclusively targeting the international dollars and upper spending levels more than the simple masses.
When I visit friends in Europe, I normally buy decks of casino-used playing cards to give out as gifts. They don't cost a lot, they are easy to carry in luggage, they are light, and people enjoy them. The people who ask for a specific hotel invariably ask for Caesars.
06-25-2019, 04:54 PM
Location: Here and there, you decide.
12,908 posts, read
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Reputation: 5050
Quote:
Originally Posted by
orca17
When I visit friends in Europe, I normally buy decks of casino-used playing cards to give out as gifts. They don't cost a lot, they are easy to carry in luggage, they are light, and people enjoy them. The people who ask for a specific hotel invariably ask for Caesars.
They aren’t going to change the name of Caesar’s palace
06-25-2019, 09:25 PM
Location: Las Vegas, NV
386 posts, read
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Quote:
Originally Posted by
Thedude404
The WSOP is being relocated to the building currently under construction behind the Linq.
Then yeah, the Rio is pretty much a dead man walking. I certainly wouldn't invest anything into that property.
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Class of Workers - Employee of private company (%)
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Class of Workers - Private not-for-profit wage and salary workers (%)
Class of Workers - Local government workers (%)
Class of Workers - State government workers (%)
Class of Workers - Federal government workers (%)
Class of Workers - Self-employed workers in own not incorporated business and Unpaid family workers (%)
House heating fuel used in houses and condos - Utility gas (%)
House heating fuel used in houses and condos - Bottled, tank, or LP gas (%)
House heating fuel used in houses and condos - Electricity (%)
House heating fuel used in houses and condos - Fuel oil, kerosene, etc. (%)
House heating fuel used in houses and condos - Coal or coke (%)
House heating fuel used in houses and condos - Wood (%)
House heating fuel used in houses and condos - Solar energy (%)
House heating fuel used in houses and condos - Other fuel (%)
House heating fuel used in houses and condos - No fuel used (%)
House heating fuel used in apartments - Utility gas (%)
House heating fuel used in apartments - Bottled, tank, or LP gas (%)
House heating fuel used in apartments - Electricity (%)
House heating fuel used in apartments - Fuel oil, kerosene, etc. (%)
House heating fuel used in apartments - Coal or coke (%)
House heating fuel used in apartments - Wood (%)
House heating fuel used in apartments - Solar energy (%)
House heating fuel used in apartments - Other fuel (%)
House heating fuel used in apartments - No fuel used (%)
Armed forces status - In Armed Forces (%)
Armed forces status - Civilian (%)
Armed forces status - Civilian - Veteran (%)
Armed forces status - Civilian - Nonveteran (%)
Fatal accidents locations in years 2005-2021
Fatal accidents locations in 2005
Fatal accidents locations in 2006
Fatal accidents locations in 2007
Fatal accidents locations in 2008
Fatal accidents locations in 2009
Fatal accidents locations in 2010
Fatal accidents locations in 2011
Fatal accidents locations in 2012
Fatal accidents locations in 2013
Fatal accidents locations in 2014
Fatal accidents locations in 2015
Fatal accidents locations in 2016
Fatal accidents locations in 2017
Fatal accidents locations in 2018
Fatal accidents locations in 2019
Fatal accidents locations in 2020
Fatal accidents locations in 2021
Alcohol use - People drinking some alcohol every month (%)
Alcohol use - People not drinking at all (%)
Alcohol use - Average days/month drinking alcohol
Alcohol use - Average drinks/week
Alcohol use - Average days/year people drink much
Audiometry - Average condition of hearing (%)
Audiometry - People that can hear a whisper from across a quiet room (%)
Audiometry - People that can hear normal voice from across a quiet room (%)
Audiometry - Ears ringing, roaring, buzzing (%)
Audiometry - Had a job exposure to loud noise (%)
Audiometry - Had off-work exposure to loud noise (%)
Blood Pressure & Cholesterol - Has high blood pressure (%)
Blood Pressure & Cholesterol - Checking blood pressure at home (%)
Blood Pressure & Cholesterol - Frequently checking blood cholesterol (%)
Blood Pressure & Cholesterol - Has high cholesterol level (%)
Consumer Behavior - Money monthly spent on food at supermarket/grocery store
Consumer Behavior - Money monthly spent on food at other stores
Consumer Behavior - Money monthly spent on eating out
Consumer Behavior - Money monthly spent on carryout/delivered foods
Consumer Behavior - Income spent on food at supermarket/grocery store (%)
Consumer Behavior - Income spent on food at other stores (%)
Consumer Behavior - Income spent on eating out (%)
Consumer Behavior - Income spent on carryout/delivered foods (%)
Current Health Status - General health condition (%)
Current Health Status - Blood donors (%)
Current Health Status - Has blood ever tested for HIV virus (%)
Current Health Status - Left-handed people (%)
Dermatology - People using sunscreen (%)
Diabetes - Diabetics (%)
Diabetes - Had a blood test for high blood sugar (%)
Diabetes - People taking insulin (%)
Diet Behavior & Nutrition - Diet health (%)
Diet Behavior & Nutrition - Milk product consumption (# of products/month)
Diet Behavior & Nutrition - Meals not home prepared (#/week)
Diet Behavior & Nutrition - Meals from fast food or pizza place (#/week)
Diet Behavior & Nutrition - Ready-to-eat foods (#/month)
Diet Behavior & Nutrition - Frozen meals/pizza (#/month)
Drug Use - People that ever used marijuana or hashish (%)
Drug Use - Ever used hard drugs (%)
Drug Use - Ever used any form of cocaine (%)
Drug Use - Ever used heroin (%)
Drug Use - Ever used methamphetamine (%)
Health Insurance - People covered by health insurance (%)
Kidney Conditions-Urology - Avg. # of times urinating at night
Medical Conditions - People with asthma (%)
Medical Conditions - People with anemia (%)
Medical Conditions - People with psoriasis (%)
Medical Conditions - People with overweight (%)
Medical Conditions - Elderly people having difficulties in thinking or remembering (%)
Medical Conditions - People who ever received blood transfusion (%)
Medical Conditions - People having trouble seeing even with glass/contacts (%)
Medical Conditions - People with arthritis (%)
Medical Conditions - People with gout (%)
Medical Conditions - People with congestive heart failure (%)
Medical Conditions - People with coronary heart disease (%)
Medical Conditions - People with angina pectoris (%)
Medical Conditions - People who ever had heart attack (%)
Medical Conditions - People who ever had stroke (%)
Medical Conditions - People with emphysema (%)
Medical Conditions - People with thyroid problem (%)
Medical Conditions - People with chronic bronchitis (%)
Medical Conditions - People with any liver condition (%)
Medical Conditions - People who ever had cancer or malignancy (%)
Mental Health - People who have little interest in doing things (%)
Mental Health - People feeling down, depressed, or hopeless (%)
Mental Health - People who have trouble sleeping or sleeping too much (%)
Mental Health - People feeling tired or having little energy (%)
Mental Health - People with poor appetite or overeating (%)
Mental Health - People feeling bad about themself (%)
Mental Health - People who have trouble concentrating on things (%)
Mental Health - People moving or speaking slowly or too fast (%)
Mental Health - People having thoughts they would be better off dead (%)
Oral Health - Average years since last visit a dentist
Oral Health - People embarrassed because of mouth (%)
Oral Health - People with gum disease (%)
Oral Health - General health of teeth and gums (%)
Oral Health - Average days a week using dental floss/device
Oral Health - Average days a week using mouthwash for dental problem
Oral Health - Average number of teeth
Pesticide Use - Households using pesticides to control insects (%)
Pesticide Use - Households using pesticides to kill weeds (%)
Physical Activity - People doing vigorous-intensity work activities (%)
Physical Activity - People doing moderate-intensity work activities (%)
Physical Activity - People walking or bicycling (%)
Physical Activity - People doing vigorous-intensity recreational activities (%)
Physical Activity - People doing moderate-intensity recreational activities (%)
Physical Activity - Average hours a day doing sedentary activities
Physical Activity - Average hours a day watching TV or videos
Physical Activity - Average hours a day using computer
Physical Functioning - People having limitations keeping them from working (%)
Physical Functioning - People limited in amount of work they can do (%)
Physical Functioning - People that need special equipment to walk (%)
Physical Functioning - People experiencing confusion/memory problems (%)
Physical Functioning - People requiring special healthcare equipment (%)
Prescription Medications - Average number of prescription medicines taking
Preventive Aspirin Use - Adults 40+ taking low-dose aspirin (%)
Reproductive Health - Vaginal deliveries (%)
Reproductive Health - Cesarean deliveries (%)
Reproductive Health - Deliveries resulted in a live birth (%)
Reproductive Health - Pregnancies resulted in a delivery (%)
Reproductive Health - Women breastfeeding newborns (%)
Reproductive Health - Women that had a hysterectomy (%)
Reproductive Health - Women that had both ovaries removed (%)
Reproductive Health - Women that have ever taken birth control pills (%)
Reproductive Health - Women taking birth control pills (%)
Reproductive Health - Women that have ever used Depo-Provera or injectables (%)
Reproductive Health - Women that have ever used female hormones (%)
Sexual Behavior - People 18+ that ever had sex (vaginal, anal, or oral) (%)
Sexual Behavior - Males 18+ that ever had vaginal sex with a woman (%)
Sexual Behavior - Males 18+ that ever performed oral sex on a woman (%)
Sexual Behavior - Males 18+ that ever had anal sex with a woman (%)
Sexual Behavior - Males 18+ that ever had any sex with a man (%)
Sexual Behavior - Females 18+ that ever had vaginal sex with a man (%)
Sexual Behavior - Females 18+ that ever performed oral sex on a man (%)
Sexual Behavior - Females 18+ that ever had anal sex with a man (%)
Sexual Behavior - Females 18+ that ever had any kind of sex with a woman (%)
Sexual Behavior - Average age people first had sex
Sexual Behavior - Average number of female sex partners in lifetime (males 18+)
Sexual Behavior - Average number of female vaginal sex partners in lifetime (males 18+)
Sexual Behavior - Average age people first performed oral sex on a woman (18+)
Sexual Behavior - Average number of woman performed oral sex on in lifetime (18+)
Sexual Behavior - Average number of male sex partners in lifetime (males 18+)
Sexual Behavior - Average number of male anal sex partners in lifetime (males 18+)
Sexual Behavior - Average age people first performed oral sex on a man (18+)
Sexual Behavior - Average number of male oral sex partners in lifetime (18+)
Sexual Behavior - People using protection when performing oral sex (%)
Sexual Behavior - Average number of times people have vaginal or anal sex a year
Sexual Behavior - People having sex without condom (%)
Sexual Behavior - Average number of male sex partners in lifetime (females 18+)
Sexual Behavior - Average number of male vaginal sex partners in lifetime (females 18+)
Sexual Behavior - Average number of female sex partners in lifetime (females 18+)
Sexual Behavior - Circumcised males 18+ (%)
Sleep Disorders - Average hours sleeping at night
Sleep Disorders - People that has trouble sleeping (%)
Smoking-Cigarette Use - People smoking cigarettes (%)
Taste & Smell - People 40+ having problems with smell (%)
Taste & Smell - People 40+ having problems with taste (%)
Taste & Smell - People 40+ that ever had wisdom teeth removed (%)
Taste & Smell - People 40+ that ever had tonsils teeth removed (%)
Taste & Smell - People 40+ that ever had a loss of consciousness because of a head injury (%)
Taste & Smell - People 40+ that ever had a broken nose or other serious injury to face or skull (%)
Taste & Smell - People 40+ that ever had two or more sinus infections (%)
Weight - Average height (inches)
Weight - Average weight (pounds)
Weight - Average BMI
Weight - People that are obese (%)
Weight - People that ever were obese (%)
Weight - People trying to lose weight (%)