morongo casino blackjackThat’s not good news for corporations and tourists. That transaction is expected to be finalized by the end of this year.Caesars’ uptick in expenses will no doubt catch the eye of Eldorado, which has long pledged to pare spending at the acquired company by at least 0 million.The often-fraught relationship between Alvin Chau, the playboy CEO of Macau’s biggest junket operator, Suncity, and Malaysian-American model Mandy Lieu is over, The Straits Times reports. fanduel casino nyIt is not uncommon to see men dallying with others, and in regards to [short-term] lovers, there isn’t only just one. But there’s a payoff for operators and their investors. Despite the pesky fees, Strip occupancy rates are shaping up nicely in the current quarter, say some analysts.“We believe that strong group bookings for Las Vegas Strip operators in 4Q are offsetting any transient pressures the surveys were picking up several weeks ago,” said Nomura gaming analyst Harry Curtis in a note out earlier today.Curtis points out that for the fourth quarter, Caesars room rates are already up 10.3 percent on a sequential basis. borgata casino table games

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bicycle casino table gamesShareholders of both companies meet next week in Nevada to vote on the deal.Higher ExpensesCaesars said its operating expenses rose to 1 million in the recently completed quarter “due to recognition of 0 million in impairment charges related to land and buildings at Rio, and million additional expenses in 2019 associated with an extra half month of operations associated with the acquisition of Centaur Holdings, LLC.”The company announced a sale/leaseback deal for the off-Strip Rio in September to Imperial Companies, a real estate investment firm, for 6.3 million. But there’s a payoff for operators and their investors. sumer demand, with particular strength in the hotel business, which continues to outpace prior years across properties,” said CEO Tony Rodio in a statement.Due in part to surging resort fees, room rates in the largest US gaming hub reached record highs in the first nine months of 2019. It has acquired a controlling stake in the billion “Hoiana” integrated resort in Vietnam, scheduled to open later this year, as well as in Russia’s first integrated resort, Tigre The company’s July through September occupancy rate in Las Vegas was 95.6 percent, up from 92.6 percent in the year-earlier period.Thank Goodness For VegasWhile its third-quarter numbers in Las Vegas were strong, the same can’t be said of some of the other markets Caesars operates in. Despite the pesky fees, Strip occupancy rates are shaping up nicely in the current quarter, say some analysts.“We believe that strong group bookings for Las Vegas Strip operators in 4Q are offsetting any transient pressures the surveys were picking up several weeks ago,” said Nomura gaming analyst Harry Curtis in a note out earlier today.Curtis points out that for the fourth quarter, Caesars room rates are already up 10.3 percent on a sequential basis. kansas star casino deli