The LINQ Hotel + Experience News - Page 11

With the popularity of sports betting on a steady rise, Las Vegas will host numerous viewing parties next week when March Madness kicks into high gear and millions of college basketball fans flock to the city.

The World Series of Poker has released its 2016 schedule, announced several new tournament formats and plans to increase in the money finishes by 50% in most tournaments this summer.

Casino City spends a Saturday afternoon inside the Westgate Las Vegas Resort & Casino SuperBook and explains why the $13 million in recent improvements -- including a mammoth video wall, new bar and private VIP cabanas -- make it a "must visit" for race and sport bettors.

The city of Las Vegas showed its remorse for the horrifying terrorist attacks in Paris on Friday.

The company said overall revenue increased during the third quarter.

The accounting firm will be represented on several panels during the two-day conference at The Linq in Las Vegas.

Downtown gaming revenue has increased in eight consecutive months, including September's 9% jump.

CEO Mark Frissora says casino operators have "underpenetrated" a tech-savvy, young customer base accustomed to mobile and social gaming.

Aristocrat's Britney Spears slot game can be found at several Caesars Entertainment properties. The pop superstar also announced that she has extended her residency show at Planet Hollywood through 2017.

Including the properties managed under the Caesars Entertainment Operating Company, which is in bankruptcy, the conglomerate would still report a net revenue increase of 8%.

The changes scrubbed away any remnants of the Strip resort's life as the Imperial Palace and the Quad.

Caesars Interactive, owner of the World Series of Poker, has surpassed Zynga in terms of social gaming revenue.

Guests were ushered out the door at noon Monday as representatives of the Nevada Gaming Control Board oversaw the closure.

The High Roller — Caesars Entertainment Corp.’s observation wheel at the center of the Strip — marked its one-year anniversary Tuesday evening with company officials calling the attraction a success despite the attraction falling below the original ridership projections.

An impressive variety of brand restaurants have debuted recently on the Strip, including Smashburger and New York City-based Shake Shack.

It’s abundantly clear Caesars Growth Partners is key to the planned bankruptcy restructuring of overly leveraged affiliate Caesars Entertainment Operating Co.

On Monday, Caesars said it received a default notice last week from UMB Bank related to its senior-secured notes covering CEOC. Caesars said it “does not believe that a default or an event of default has occurred.”

Fitch Ratings Service said in a report, however, the spinoff won’t prevent Caesars from having to go through bankruptcy reorganization to restructure its $22.8 billion debt.

The first sign of noise and traffic problems occurred April 4 and 5, when The Linq parking lot was converted into an outdoor venue for the Academy of Country Music (ACM) awards.

The company, which operates nearly 40 casinos in 14 U.S. states and the Canadian province of Ontario, is attempting to restructure its gaming industry-high $22.8 billion debt.