I saw this posted over on Flyertalk. If you apply for the FoundersCard, a membership service for entrepreneurs and people in business (I'm a professional gambler? That work?? LOL), they will upgrade you to Caesars Diamond Status. It does have an annual fee of $395, but may be worth it if you frequent the Diamond Lounge and use the other perks with it. (And match it other properties and get those benefits too). I also read there is an initiation fee. The website is very vague until you get approved it appears.

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