I’ve said it before and I’ll say it again, craps is my favorite game in the casino. Besides being fun to play, craps gives the casino one of the smallest house edges’ most casino games. Fun game and small house edge?! That’s a perfect combination!
You can actually decrease the, already small, house edge by playing greater odds. The higher the odds played the less the house edge. Unfortunately, the Vegas Strip doesn’t really offer the diverse craps odds that you find in Downtown Vegas. Thankfully craps still has a tiny house edge no matter what the odds.
Here are the craps odds on the Vegas Strip along with the house edge for the casino for each game.
100x Odds The Cromwell House edge: Pass 0.021%, Don’t Pass 0.014%
3x-4x-5x are the normal odds offered at casinos on the Vegas Strip and just about everywhere else in the country. The house advantage playing maximum odds is still better than most games you’ll play in the casino.
Casino Royale has the best craps odds on the Vegas Strip but usually only has one table open so it’s difficult to get in on a game. The craps game at Casino Royale is one of the cheapest you’ll find on the strip with $5 or $10 minimums, so there’s that.
4/24/16 Update: The Cromwell has 100x odds up to $5,000. Table minimums are usually $5 or $10. (Thanks to @John_Mehaffy for confirming)
Bottom line with craps on the Vegas Strip – play wherever you want. The odds in most casinos are the same. If you’re looking for a good craps game with good odds head to Downtown Vegas. Here are my 3 favorite craps games in Downtown Vegas.
I love dining and drinking events like Dine-N-Dash by José Andrés that will be held at SLS Las Vegas next year. I’m a fan of sampling lots of food and drink from different restaurants and chefs.
This event stands out because VIP admission includes food and drink from all restaurants at SLS plus cooking demonstrations from José Andrés and Curtis Stone AND admission to see AWOLNATION. This should be the first show at
This should be is the first show at The Foundry which is the new concert venue at SLS Las Vegas taking over the space formerly devoted to the nightclub LIfE. It’s always cool to be the first to do something in Vegas.
Details on Dine-N-Dash are below:
World-renowned chef, author, philanthropist, and SLS Hotels Culinary Director José Andrés will host Dine-N-Dash at SLS Las Vegason Friday, Feb. 5, 2016, benefiting Andrés’ nonprofit organization, World Central Kitchen, and locally-based nonprofit organization Three Square Food Bank. Modeled after the chef’s annual Washington, D.C. restaurant crawl, Dine-N-Dash will be a culinary tour of SLS Las Vegas. Guests will enjoy signature dishes and hand-crafted beverages from all seven acclaimed restaurants, along with eclectic culinary offerings throughout the casino, “cocktail theater” by renowned mixologist Rob Floyd and a live cooking demonstration by José Andrés with special guest chef Curtis Stone (Maude, Los Angeles).
“For three years, we have been celebrating Dine-N-Dash in DC’s Penn Quarter, and I’m so excited to be bringing it to Las Vegas,” said chef José Andrés. “What’s better than enjoying food and drinks from all of the incredible restaurants at SLS Las Vegas, all for a good cause! I am so proud of the work that my team is doing at World Central Kitchen to find solutions for hunger and poverty, and I’m thrilled this event will also benefit a local charity, Three Square, as we introduce Dine-N-Dash to Las Vegas!”
The complete SLS Las Vegas restaurant portfolio will spotlight stand-out dishes and drinks at Dine-N-Dash, offering guests a taste of its diverse culinary offerings. Menu items will include:
Bazaar Meat by José Andrés: Oysters Gin & Tonic, Cotton Candy Foie Gras, Kobe & Caviar, Sloppy Joe, Gazpacho Shots, Beef Tartare Sliders, Beef & Parmesan Grissini and New York Sour
Katsuya: Kumamoto Oysters, Lobster & Truffle Chawan-Mushi, Scallop Sashimi and White Grapefruit Cosmopolitan
Cleo: Basturma with Halloumi, Hummus with Tahini and Clementina cocktail
Ku Noodle by José Andrés: Open Sesame, Fried Wonton, Mini Duck Pancake and Sake Punch
UmamiBurger, Beer Garden & Sports Book: Truffle Sliders, Hatch Sliders, Cheesy Tater Tots and craft beer
800 Degrees Neapolitan Pizzeria: Assorted hand-crafted pizzas and Birra Moretti
NorthsideCafé: Al Pastor Tacos, Barbacoa Tacos and margarita
Desserts by SLS Las Vegas Culinary Director Luke Forzano and Executive Pastry Chef Oralia Perez
In addition to tastings, guests will experience a one-of-a-kind cooking demonstration from José Andrés and Curtis Stone in The Foundry, SLS’ new live-entertainment venue, as well as mixologist Rob Floyd’s inventive and high-energy “cocktail theater” at the casino’s signature Center Bar.
A VIP Dine-N-Dash experience also grants guests access to a happy hour with José Andrés and Curtis Stone in Bazaar Casino, admission to a concert by AWOLNATION in The Foundry—before those tickets go on sale to the general public, on January 8—and an exclusive after-party featuring desserts and drinks from Bazaar Meat.
“We are thrilled to showcase SLS’ culinary array in one all-encompassing event headlined by globally celebrated chefs José Andrés and Curtis Stone,” said Matt Erickson, senior vice president of restaurant operations at SLS Las Vegas. “Dine-N-Dash will be unlike any other event in Las Vegas, and we can’t wait to give guests a taste of what makes SLS so unique.”
General admission tickets start at $99, and VIP tickets start at $199. A portion of proceeds benefits Three Square, Southern Nevada’s only food bank and a member of the Feeding America network, as well as World Central Kitchen, the nonprofit organization chaired by José Andrés that finds creative solutions to hunger and poverty worldwide. To purchase tickets, visit slsvegas.com/dinendash.
SLS Las Vegas (check out the World Tower rooms here) is the first to offer a promotion for the holidays that I’ve seen. Many of the casinos have Black Friday and Cyber Week sales. I’ll try to post all of the sales here but chances are some will end up on Facebookwhile I try to enjoy Thanksgiving.
Here are details from press release:
This holiday season, SLS Las Vegas offers visitors the chance to save big beyond Cyber Monday with its irresistible Cyber Week Sale. Available exclusively online and through SMS subscription, guests will enjoy 50 percent off room rates and a $50 resort credit.
Guests subscribed to SLS’ official SMS will have first-access to this exclusive deal and more. Offered a week early on Nov. 24, subscribers are able to secure lovely savings and book the Cyber Week Sale. Guests can opt in via SMS to receive the booking code by texting SLS to 85292.
Non-subscribers are able to redeem the same offer of 50 percent off available room rates and a $50 resort credit online from Nov. 27 – Dec. 4.
Golden Steer is a legit and delicious throwback steakhouse that I encourage anyone to try if they’ve experienced the best on the Vegas Strip and want a change of pace.
Golden Steer has a sweet Frank Sinatra dinner for the month of December. Check it out:
Price $100 (plus tax and tip)
Experience “Frank’s Menu” will dine in his actual booth (table 22) which seats up to four guests. His menu will include:
Clams Casino: from Narragansett Bay, this dish is prepared with clams on the half shell, baked with white wine, bacon, diced red and yellow peppers and bread crumbs.
New York Strip Steak, 16 oz.: served with sautéed diced tomatoes, garlic and white wine and medium rare, just like he ordered it.
Bananas Foster: the house specialty, The Golden Steer is one of the few restaurants in Las Vegas able to stylishly serve this dessert tableside as a flambé.
Jack Daniels: the drink will be prepared just as he drank it – with three fingers of Jack and two ice cubes.
Italian red wine.
One classic Zippo lighter, engraved with The Golden Steer logo and the date of Sinatra’s 100th birthday.
One ticket for admission to The Mob Museum, the National Museum of Organized Crime and Law Enforcement, where guests can learn more about Sinatra’s history with the mafia including FBI photos regarding the kidnapping of Sinatra’s only son, Frank, Jr. (see below for more information) and his ties to Chicago Outfit boss Sam Giancana and the Cal-Neva lodge.
You can see more details at VegasNews.com. The photo above is theirs too.
SLS Las Vegas has been sending out a huge update of promotions, concerts, restaurant and bar specials, locals only deals, nightlife, etc. happenings every week for the past couple of months. I share some of the information on the sites I work with when appropriate but much of the information is really only news once.
The new direction SLS has taken has brought a lot of activity to SLS that’s a little beyond what the typical news outlets might cover. I’m not sure that this is working to grow revenue but it’s good to see them at least trying.
I expect the property will continue to evolve into a casino that’s very different from the one that opened last year. With these updates in mind I wanted to share the current happenings at SLS. There’s a lot of information below so I limited my editing. Check out the haps.
Amplify your sbe® lifestyle by joining THE CODE at SLS Las Vegas®. Members can benefit from year-round access to unique and customized sbe experiences, exclusive resort benefits and more. To join THE CODE, sign up at the CODE Desk and receive up to $5,000 in free slot play.
$500,000 Our House is Your House Giveaway
October – December
SLS is going to pay your bills, remodel your home and give away a $250,000 House!
SLS Is Giving Away A House in December
On Dec. 6, 13 and 20 at 4 p.m. and 7 p.m. and on Dec. 27 at 4 p.m., 5 p.m., 6 p.m. 7 p.m. drawings will take place on the casino floor where guests will have the chance to win big and walk away with $250,000. Ten winners will be selected during each drawing and will receive up to $250 in free play and a key for the Grand Finale House Drawing. During the final drawing on Sunday, December 27 at 8 p.m., 20 winners will be selected among all previous key holders to test their key and see if it opens the Grand Prize door. The key holder who opens the door will receive the Grand Prize of $250,000.
To participate, players must earn 25 slot or video points or have an average bet of $5 for 30-minutes on a table game in order to gain one drawing entry. Double entries can be earned Monday through Thursday throughout the month. Additionally, guests who sign up for THE CODE will receive 50 free entries for that week. Drawings will take place in front of the CODE desk on the casino floor and guests must be present to win. Restrictions apply.
2X Drawing Entries for “SLS Is Giving Away A House”
Players can earn double entries for the “SLS Is Giving Away A House” drawing every Monday through Thursday in December. Restrictions apply.
Free Gift Day
On Dec. 4, 5, 12, 18, 19, 26 and 30, mail recipients as well as guests who earn 250 slot points or 500 video poker points can receive a free gift courtesy of SLS Las Vegas. Gifts include Vodka giveaways, a two-piece copper mug set, mobilight, an ice bucket, Champagne giveaways and a mystery gift. Items must be picked up between 10 a.m. and 8 p.m. at the podium adjacent to 800 Degrees Pizza. Restrictions apply.
The Sayers Club
Open Thursday – Saturday from 10 p.m. – close
As one of Hollywood’s best-loved music venues, The Sayers Club exudes a sense of rogue sophistication and musicianship that perfectly complements its second location within SLS Las Vegas®. The refined yet raw space is part nightclub, part live music venue showcasing amazing performances by emerging and acclaimed artists, representing the true Sayers’ experience – one that is built on sound and space. From its iconic stage to its relaxed lounge and outdoor patio, the intimate venue welcomes musical talents and enthusiasts alike. All guests must be 21 years or older. Cover charge may apply. For more information, visit thesayersclublv.com.
Thursdays: White Label Thursdays
Every Thursday, The Sayers Club presents White Label Thursdays, a unique, DJ-driven concept that pays homage to the true heritage of DJ culture. Guests will witness live, one-of-a-kind setsfeaturing the layered talents of DJs in their purest form. DJ Spair, co-founder of the powerhouse DJ group Oakland Faders, will curate a weekly roster of guest turntablists who will spin side-by side, feeding off of one-another to simultaneously create the soundtrack for the night.
Fridays: Buckin Fridays
Every Friday, The Sayers Club will transform into a southern sensation as world renowned musician Ben Carey, former member of the award-winning rock band Lifehouse, presents a specially curated playlist featuring a unique blend of top country hits and classic rock. Carey will make a special appearance each week, occasionally performing alongside the venue’s impressive new country rock band as guests enjoy the hottest country music to date.
The Sayers Club December lineup includes:
December 3 – White Label Thursdays
December 4 – Buckin Fridays
December 5 – Buckin Saturday: Special Rodeo Edition
December 10 – White Label Thursdays
December 11 – Buckin Fridays
December 12 – Justin Adams
December 18 – Buckin Fridays
December 19 – Barry Black
December 25 – Buckin Fridays
December 31 – New Year’s Eve Extravaganza featuring Plain White T’s
Open Friday – Sunday from 10:30 p.m. – close
The 43,000 square-foot Foxtail complex at SLS Las Vegas is a versatile indoor/outdoor space that plays host to a variety of programming. This multi-functional venue allows SLS Las Vegas® to offer a diverse array of amenities, from a luxurious pool to live performances, premium private event space, culinary festivals and one of the newest day clubs on The Strip, Foxtail Pool. All guests must be 21 years or older. Cover charge may apply. For more information, visit foxtaillasvegas.com.
Foxtail Nightclub December lineup includes:
December 4 – Rebecca & Fiona
December 5 – Danny Avila
December 6 – DJ IKON
December 11 – Rebecca & Fiona
December 12 – DJ IKON
December 13 – “DMX-mas” featuring DMX
December 14 – 30 – Closed
Open Sunday – Thursday from 2 p.m. – midnight and Friday – Saturday from 10 a.m. – 2 a.m.
Located directly across from the registration desk, SLS Las Vegas’ signature lobby bar doubles as the ideal spot for guests to transition from on-the-go to in-the-glow in an intimate space with a unique selection of cocktails, wine and beer. All guests must be 21 years or older. For more information, visit slslasvegas.com/venue/monkey-bar.
Open 24 hours a day, seven days a week
Whether toasting to a weekend’s adventure or sharing a nightcap, Center Bar offers a selection of original libations in a welcoming environment. Located in the center of the action on the casino floor, Center Bar features handcrafted specialty cocktails and shots. A stunning LED fixture hangs overhead, enhancing the bar’s prime location for both hotel guests and visitors alike. All guests must be 21 years or older. For more information, visit slslasvegas.com/venue/center-bar.
Bazaar Meat by José Andrés
Sunday – Thursday from 5:30 p.m. – 10 p.m. and Friday – Saturday from 5:30 p.m. – 11 p.m.; seasonal closure Dec. 10 – 25
A groundbreaking culinary experience, Bazaar Meat by José Andrés is the James Beard award-winning chef’s wild and wonderful celebration of the carnivorous. Enjoy nuanced, playful cuisine and cocktails for which The Bazaar by José Andrés has become known on both coasts, in a strikingly seductive setting. Reservations are suggested. For more information, visit slsvegas.com/bazaarmeat.
Sunday – Monday and Thursday from 5 p.m. – 10:30 p.m. and Friday – Saturday from 5 p.m. – 11 p.m.; seasonal closure Dec. 16 – 24
Featuring the dynamic pairing of Master Sushi Chef Katsuya Uechi and design impresario Philippe Starck, Katsuya is truly a feast for the senses. With specialty cocktails, unique rolls and spectacular sushi and sashimi platters, Chef Uechi skillfully translates Japanese flavors for the American palate. Reservations are suggested. For more information, visit slsvegas.com/katsuya.
Tuesday – Thursday from 6 p.m. – 10:30 p.m. and Friday – Saturday from 6 p.m. – 11 p.m.; seasonal closure Dec. 8 – 15
Made famous in Los Angeles following its debut at The Redbury Hotel in 2010, Cleo showcases Chef Danny Elmaleh’s acclaimed contemporary Mediterranean cuisine. Cleo at SLS Las Vegas imparts a familiar narrative to fans of the Hollywood outpost, with multiple kitchens, a central oven, a shared-plates dining experience, and a signature mixology program. Reservations are suggested. For more information, visit slsvegas.com/Cleo.
Ku Noodle by José Andrés
Wednesday – Sunday from 12 p.m. – 9 p.m.; seasonal closure Dec. 8 – 15 and Dec. 25
An homage by Chef José Andrés and his team to the rich and varied flavors of Asian cuisine, this casual eatery showcases the artistry of handmade noodles and siu mai dumplings. Catch a glimpse of the magic through a window looking in from the casino, and take in the full spectacle of the open kitchen from the intimate dining room. Ku Noodle by José Andrés also features soups, salads and other Asian specialties. For more information, visit slsvegas.com/kunoodle.
Umami Burger, Beer Garden & Sports Book
Monday – Thursday from 11 a.m. – 11 p.m., Friday from 11 a.m. – midnight, Saturday from 10 a.m. – midnight, Sunday from 10 a.m. – 11 p.m.
Named “Burger of the Year” by GQ magazine, Umami Burger combines unmatched flavor with exceptional hospitality. A true phenomenon, Umami Burger has a devoted cult following among food lovers and burger devotees around the world. And now, the experience just got better in Las Vegas: paired with craft beer on an outdoor Beer Garden overlooking The Strip and with betting in the William Hill Sports Book. For more information, visit slsvegas.com/umamiburger.
800 Degrees Neapolitan Pizzeria
Monday – Thursday from 11 a.m. – 11 p.m. and Friday – Sunday from 11 a.m. – 1 a.m.; seasonal closure Dec. 8 – 23
Honoring the heritage of Old World Italian tradition, 800 Degrees uses California-grown tomatoes, fresh mozzarella, and handcrafted crust made with flour from the ancient Molino San Felice in Naples, Italy, complemented by only the best charcuterie and local vegetables. While the menu offers a few favorite combinations, guests can personalize pizzas with a choice of ingredients. Baked for just 60 seconds in an 800-degree oven, pizzas will be ready before guests even leave the counter. For more information, visit slsvegas.com/800degrees.
Open 24 hours a day, seven days a week
Northside Café serves up home-style cooking and hospitality 24/7 in a casual, vibrant setting. Inspired by the classic Las Vegas coffee shop, Northside Café offers generous portions of delicious comfort food made to order including breakfast, lunch and dinner favorites available around the clock. Centrally located between the hotel reception and casino floor, Northside Café is a gathering place for SLS guests, players, and locals alike. For more information, visit slsvegas.com/northsidecafe.
Sunday – Thursday from 6 a.m. – 9 p.m. and Friday – Saturday from 6 a.m. – midnight
A collaboration with LAMILL Coffee, The Perq brings the acclaimed LA-based specialty roaster’s gourmet coffee and tea to SLS Las Vegas. Located between the lobby and casino, the coffee bar offers a selection of fresh salads, panini, Danishes, and other house-made pastries, plus freshly-made gelato and gelato sandwiches. From morning to night, it’s the perfect stop for a well-crafted beverage and a light snack, “grab-and-go” meal, or sweet treat. For more information, visit slsvegas.com/theperq.
Open daily from 8 a.m. – 8 p.m.
Ciel Spa is an exercise in indulgence. The space was artfully designed with an unerring eye for luxury, comfort and state-of-the-art technology. The spa is a full-service facility offering an array of rejuvenating treatments and services, and encourages guests to continue the experience at home with a retail center featuring premier beauty products. For more information, visit slslasvegas.com/ciel-spa.
SPECIALS AND PROMOTIONS
CODE Locals 50% Off
Dec. 1 – 14
For two weeks, SLS welcomes local CODE members to enjoy 50% off at all restaurants, casino bars and Ciel Spa. CODE card and valid Nevada I.D. required.Restrictions apply.
New Year’s Eve Dining
Celebrate New Year’s Eve in good taste at SLS’ acclaimed signature restaurants—Bazaar Meat by José Andrés, Katsuya, and Cleo. Guests can enjoy their favorites from the regular menus plus extraordinary chef specials. Reservations are highly suggested and available at slsvegas.com/nye.
Ongoing Resort-Wide Specials and Promotions
THE CODE 50
Dec. 27 at Katsuya
All CODE members enjoy a 50% discount at an SLS restaurant once per month. CODE card required. Restrictions apply.
THE CODE $5 Happy Hour for Locals
Sunday – Wednesday from 5 p.m. – 8 p.m. and Thursday from 11 a.m. to 11 p.m.
Local members of THE CODE can enjoy $5 select specialty cocktails and well drinks as well as wine and beer at all SLS restaurants and bars. Local members of THE CODE can also enjoy all-day happy hour every Thursday from 11 a.m. – 11 p.m. as well as premium liquor upgrades for only $1–$2 more. CODE card and valid Nevada I.D. required.Restrictions apply. Ages 21+ to consume alcohol.
Football Specials at Umami Burger, Beer Garden & Sports Book
Thursday – Monday during all pro and college games:
Bud Light glasses for $2 and pitchers for $8
Bottomless Rolling Rock draught beer for $35
Free $5 parlay bet from William Hill Sports Book with food/beverage purchase
Additionally on Thursday Nights with 97.1 The Point:
50-cent chicken wings
Gifts for the first 97 guests
Raffle entries for end-of-season prizes
Restrictions apply. Ages 21+ to consume alcohol.
Sunday – Thursday, through Dec. 27
SLS Las Vegas serves up specially-priced locals menus at its three signature restaurants:
Bazaar Meat by José Andrés – $65 tasting menu with signature dishes; $25 wine pairing
“A case of the Mondays” has never been so fun—Katsuya’s Sake Mondays offerhalf off all bottles of sake every Monday and a complimentary sake tasting on the last Monday of every month, featuring Kikisui on Dec. 28. Whether first exploring sake or a connoisseur, it’s the perfect way to enhance your knowledge and discover new favorites. Kanpai! Restrictions apply. Ages 21+ to consume alcohol.
“Secret Local Specials” at Northside Café
Locals signed up for THE CODE can ask for Northside Café’s “Secret Local Specials” menu, with savings on over 20 delicious menu items. Restrictions apply.
SLS “Salutes Local Service”
SLS Las Vegas offers 25% off for all military, police, firefighters and paramedics/EMTs at participating restaurants. Discount is available to all guests who present a valid I.D. or badge and available to parties of six or fewer. Restrictions apply.
Social Hour at Katsuya
Thursday – Monday from 5 p.m. to 7:30 p.m.
Sip, savor, and socialize at Katsuya’s bar, with specially priced signature dishes ($4-$10), specialty cocktails ($7), hot sake, well drinks, house wine, and draft Kirin ($6 each). Restrictions apply. Ages 21+ to consume alcohol.
Three-Course Lunch at Ku Noodle by José Andrés
Wednesday – Sunday from 12 p.m. to 5 p.m.
Ku Noodle by José Andrés, named “Best Casino Noodle Bar” by Las Vegas Weekly, offers guests a new three-course lunch for $19.88 per person, including a choice of starter, main dish, and Taiwanese shaved ice from a selection of guest favorites. Restrictions apply.
Marriottannounced that they will be buying Starwood Hotels this morning. This comes on the heels of Starwood announcing that SLS Las Vegas will be a part of their Tribute Collection last week (see article on Travel Zork). Part of the SLS connection is that Starwood would be changing the Lux tower at SLS into W Las Vegas.
A Starwood sale wasn’t a secret but Hyatt was becoming the favorite to buy them (see article on Travel Zork). This deal was made because most of Marriott’s rooms before the purchase were in the United States. About 2/3rds of Starwood hotel rooms are outside of the United States. Marriott now has 1.1 million hotel rooms around the world.
Back to Vegas.
Starwood’s biggest connection with Vegas is through its current affiliation with Caesars Entertainment. The SLS program will begin in December and W Las Vegas will open mid-late 2016. Marriott’s current Vegas Strip affiliation is with the Cosmopolitan. Since the Cosmo was sold last year it’s been rumored that they will eventually join Hilton in some way.
Might the Cosmopolitan become a Starwood hotel? I know at least one person that will lose his mind if that happens.
Details on the merger of the programs haven’t been released yet. The press release is more financially driven. It’s possible, but unlikely, that Starwood and Marriott will remain separate brands that would keep their individual loyalty programs.
The deal isn’t expected to be completed until sometime in 2016. Unless relationships change these are the hotels on the Vegas Strip that will become Marriott hotels:
SLS Las Vegas
W Las Vegas
Marriott would be the hotel partner for almost half of the hotels on the Vegas Strip (12 of 26 or so).That’s kind of a big deal. Look forward to more information to follow next year.
PS: Starwood Hotels and Starwood Capital are not the same company. This old rumor is probably just be a coincidence.
SLS Las Vegas isn’t the cool, hip casino originally planned and this basically seals the nail in that coffin.
Stockbridge Capital will operate the casino-hotel for the time being. Earlier this year I speculated that SLS Las Vegas was on the road to becoming Cosmopolitan Jr. but I don’t think that will be the case moving forward. The executive staff at SLS Las Vegas is doing everything they can to change the image of the property. By the time Stockbridge sells SLS there won’t be any cross marketing opportunities for Cosmo and SLS to make any sense.
This morning I was working on a guide to which sports book operator was in each casino for Covers.com (expect to see it in a few days).
One Vegas Strip casino was noticeably absent from the list – Casino Royale. The home of $1 Michelob bottles was devoid of a space to wager and watch sports.
Coincidentally plans for a sports book at Casino Royale were revealed this afternoon. William Hill will be operating the new Casino Royale sports book that will be tied into a sports bar in the center the casino.
William Hill currently operates only one sports book on the Vegas Strip at SLS Las Vegas. Details are limited but here’s the press release for your information. I’ll have more information as it’s revealed.
This Casino Royale sports book could become a great destination for low rollers on the Vegas Strip.
LAS VEGAS, NEVADA (SEPTEMBER 28, 2015) – William Hill, the world’s leading sports betting company, is
partnering with Casino Royale to open the newest sports book in the heart of the Las Vegas Strip.
Coming this winter, subject to regulatory approval, the full-service William Hill Sports Book at Casino Royale will be part of an all-new sports bar in the heart of the casino, surrounded by popular outlets, such as Denny’s, Outback Steakhouse, Walgreens and White Castle.
William Hill features the state’s largest wagering menu, including the best parlay card payouts in Nevada and LIVE continuous InPlay wagering on football, basketball, baseball, and soccer.
“We are thrilled to partner with Casino Royale to bring the William Hill Sports Book experience to the middle of the Las Vegas Strip. Casino Royale has put together a group of great brands andwe’reexcited to be part of the line-up”, said William Hill U.S. Chief Executive Officer, Joe Asher.
William Hill US operates 104 race and sports books in Nevada and the state’s leading mobile sports betting app. Founded in 1934, William Hill is the UK’s largest bookmaker with 2,400 betting shops and operates one of the world’s leading online betting and gaming businesses.
SLS Las Vegas is off to a rocky start with employees being let go and restaurants being closed or rebranded. Their business model is similar to the Cosmopolitan where the casino generates 20-30% of the revenue and the rest comes from clubs, restaurants, bars, hotel rooms, etc.
If the financial woes continue at SLS Las Vegas throughout the year their owner, Stockbridge (90% owners of SLS), may look to cut their losses. If Blackstone can turn around the Cosmo’s financial woes to become profitable they may look to target SLS Las Vegas. The property is new and business model is similar to the Cosmo that it might be a perfect addition.
The two hotels are already linked through Blackstone. Blackstone owns Hilton and SLS Las Vegas is already a part of the Hilton Curio collection of hotels. Cosmopolitan is without an outside hotel partner for the time being but a Vegas Curio combo could help the collection.
Hotel room rates are rising rapidly and capacity is shrinking with the Riviera closing. Adding a second property to their Las Vegas portfolio makes sense to create more value for when Blackstone decides to sell. SLS Las Vegas might be the quickest property to turn around and sell again for a larger profit.
I see this potentially as a 1+1=3 scenario if A) Blackstone can create positive revenue at the Cosmo B) Stockbridge decides to sell SLS Las Vegas C) Blackstone can repeat a turnaround at Cosmo at SLS.
Thoughts: This totally makes sense. They’ve de-themed most of the hotel to the point of where it’s so bland the name doesn’t make sense. A new name announcement after construction is complete around the property and shortly before they open the new arena would work nicely. Maybe they’ll renovate the rooms in time for the new arena too.
Rumor: Riviera has been sold and new owners will close and demolish in favor of something unrelated to gaming.
Thoughts: This rumor about the Riviera sounds legit despite rumors about renovations. Despite these mainstream media outlets reporting about $20-$100 million dollar in renovations to the property in recent years the parent company is still having financial problems post bankruptcy. With Resorts World Las Vegas being delayed and SLS Las Vegas having its own problems revitalization of the north end of the Vegas Strip doesn’t look so hot right now.
Both of these are still rumors right now. Both bits of news make too much sense not to happen. We’ll see if they’re true shortly.
Update: 6/16 – Rumors are both finally confirmed. Monte Carlo will become MGM Park and Riviera will be imploded 6/14 and 8/14.