I keep reading about "Good Caesars properties" and "Bad Caesars properties."
I wonder if there is a list available to the public which shows the revenue and profit statistics on all their properties so that we can determine which of those "bad" properties might be closed or sold?
I just got into the TR and RC program a little over a year ago and really like he fact that I can stay in a hotel room free in just about every state and also accumulate TR and RC credits. Also the free airfare, FP, and F&B offers makes the TR program the best of any other casino chain!
I would really hate to see them sell any of their properties that I play at.
The good/bad refers to properties they moved to the protected group v/s those that were left in the main group(the one that filed for BK)...There is a list somewhere but some of the protected ones were New Orleans, most of Ceasars LVS but not all, I think The QUAD, Flamingo, Planet Hollywood, Paris and I think Harrahs AC and Laughlin There are probably more but those are the one's I can remember. Just found the list
Properties INCLUDED in the Bankruptcy Case
Bally’s Atlantic City
Caesars Atlantic City
Caesars Palace Las Vegas
Harveys Lake Tahoe
Harrah’s Lake Tahoe
Harrah’s Reno
Harrah’s North Kansas City
Harrah’s Joliet
Harrah’s Metropolis
Harrah’s Council Bluffs
Horseshoe Council Bluffs
Horseshoe Hammond
Horseshoe Southern Indiana
Horseshoe Tunica
Tunica Roadhouse
Harrah’s Gulf Coast
Horseshoe Bossier City
Louisiana Downs
Properties EXCLUDED from the Bankruptcy Case
LINQ Promenade and High Roller
Octavius Tower at Caesars Palace
Paris Las Vegas
Bally’s Las Vegas
The Cromwell
The LINQ Hotel & Casino
Planet Hollywood
Flamingo Las Vegas
Rio All-Suites Hotel & Casino
Harrah’s Las Vegas
Harrah’s Laughlin
Harrah’s Atlantic City
Harrah’s New Orleans
Horseshoe Baltimore
Harrah’s Philadelphia
Harrah’s Ak-Chin
Harrah’s Resort Southern California
Harrah’s Cherokee
Horseshoe Cincinnati
Horseshoe Cleveland
ThistleDown Racino
Conrad Punta del Este Resort & Casino
Playboy Club London
The Sportsman
Rendezvous Brighton
Rendezvous Southend-on-Sea
Manchester235
The Casino at the Empire
Alea Glasgow
Alea Nottingham
Emerald Safari
The London Clubs Cairo-Ramses
Caesars Cairo
Caesars Windsor
Whether the properties are considered good or bad won't mean much now Gene. Sorry to say, but I believe that all of them will be tightening up more now than ever on comp's, slot machines, table games, service, etc.. Time will tell how this bankruptcy goes.... Are there any MLife properties close to you? Their comp system is good also and they are still pretty solid financially.
@goldengreeke don't worry I guarantee they'll come out of it if not it would be the first time something like this happen then they didn't the banking industry did it the auto industry did it the farming industry did it so it'll all work out that too big to fail is really true
I'm sorry to hear that Gene. But I'm sure that there are other options available to you besides CET properties. Personally, I haven't liked CET properties for the past few years because of their weak financials which told me that they aren't going to be very generous when it came to gambling. Maybe "Fly Borgata" (AC) reaches out West to your area? You can always call them to find out @ 609-317-7878 or go to "flyborgata.com" to see if they do? The Borgata is a Boyd Gaming and MLife property (50/50 joint effort) which both have their other separate properties in Vegas and elsewhere in the U.S..
Amusing just the Octavius Tower at Caesars LV is exempt.
Welcome to "Wynn Palace. You'll be in the Roman Tower tonight. Walk past the Octavius Tower elevators, we don't own that tower. Enjoy your stay!"
Currently we are receiving about 20 to 25% of theoretical losses back in FP from Cleveland Horseshoe plus free rooms/jr. suites at Ritz Carlton. I'd say that's not bad at all. Headed to Cleveland Friday to get new Diamond card for MrsPenguin. Atlantic City Caesars in 3 weeks. Not worried about BK at all. Cleveland Horseshoe has highest payouts of all casinos/racinos in Ohio. Tightly regulated. No need to screw with payouts as casinos are cash cow.
Hey, you never know how this will all turn out Kenny? The CEO of Caesars (CET) is a product of the Wall St. bankers. He was an economics professor at one of the top Ivy League universities before being recruited by Goldman Sachs and then finally onto Caesars. He is a well educated and well trained (by Goldman Sachs) corporate implosion artist. These kind of people like to bankrupt everyone and everything for their own personal gain.