News

Brendan Bussmann quoted in the Las Vegas Review Journal

Circa opening shows ‘promise’ for downtown, watchers say

by Mike Shoro and Bailey Schulz

Las Vegas visitors will have access to a new adult playground this week: Circa.

The 777-room, 1.25 million-square-foot resort casino opens at 12:01 a.m. Wednesday.  The property, developed by Derek Stevens, has already changed downtown’s skyline, offering a 35-story structure – downtown’s tallest – that includes the six-pool swimming venue and a three-story sportsbook.  The property’s hotel tower is set to open later this year.

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Brendan Bussmann quoted in the Las Vegas Review Journal

Expectations run high for Circa’s opening

by Bailey Schulz

Like many things in Las Vegas, casino openings are known for being over the top.

But the extravagant parties – often accompanied by VIP guest lists, fireworks, and performers – are more than just an excuse to pop a few bottles of champagne.  They’re a casino’s first chance to make an impression and kick-start operations, and could affect customer relations down the road.

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Brendan Bussmann quoted in CDC Gaming Reports Inc

Caesars to reopen the Strip’s Cromwell, but with a twist: Guests must be age 21 and older

by Howard Stutz

Maybe there was something about allowing The Cromwell to serve as the setting for the CBS television series Love Island that inspired Caesars Entertainment.

The boutique-sized Strip resort, one of Caesars’ last remaining casinos on the Strip still shuttered since March 18 due to the coronavirus pandemic, will reopen next week, but with a twist:  All guests must be age 21 and older.

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Brendan Bussmann quoted in the Las Vegas Review Journal

Cromwell will be final Las Vegas Strip resort to reopen

by Bailey Schulz

The Cromwell, the last Strip resort with its lights still off, is set to reopen to adults only on Oct. 29.

The boutique property’s hotel and gaming floor will be open seven days a week for those 21 and over, according to a Thursday statement from parent company Caesars Entertainment Inc.

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Brendan Bussmann quoted on PlayUSA.com

Analyst: Caesars scoring a big win in sports betting land grab

By Brant James

The high-profile acquisition of William Hill US by minority owner Caesars Entertainment further reveals just how much gaming companies are willing to spend to access the burgeoning American sports betting market, – and just how misguided the involved valuations may currently be, an industry analyst told PlayUSA.

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Brendan Bussmann quoted in CDC Gaming Reports

Consensus: Gaming shows cooperative tone over Maryland sports betting referendum

by Howard Stutz

Maryland’s sports betting ballot referendum has a more united effort and cooperative tone in the gaming industry than the state’s previous gaming expansion referendums.

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Brendan Bussmann quoted in the Las Vegas Review Journal

Parking fees coming for some Caesars visitors

by Mike Shoro

Parking fees are coming to six Caesars Entertainment Inc. properties.

The gaming company announced Wednesday that self=parking fees will begin Oct. 30.  Nevada residents with valid identification, hotel guests and Caesars Reward loyalty members at platinum rating and above are excluded from the policy.

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Brendan Bussmann quoted in the Las Vegas Review Journal

Caesars sells its Bally’s brand

by Bailey Schulz

Caesars Entertainment Inc. has sold off the Bally’s brand to Twin River Worldwide Holdings Inc., a move industry watchers say could be a sign Caesars is open to selling the Bally’s casino on the Las Vegas strip.

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Brendan Bussmann quoted on Yahoo Finance

Titans of Sports Gaming forming Grand Alliances

Sports fans across the country are showing more willingness to take a financial interest in the outcome of games, and in 18 states that allow sports betting, they may not even have to leave their couch to do it.

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Brendan Bussmann quoted in the Las Vegas Review Journal

Treasury, IRS silent on raising the threshold for jackpot paperwork

by Richard N. Velotta

It seems a pretty simple and straightforward request, but it may take an act of Congress to get it accomplished.

As the amounts of slot machine jackpots grow and the casino industry expands across the United States, the low threshold for issuing an IRS Form W-2G is becoming a bigger problem for the industry.

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