California/Main Street Station/Fremont deal

2 night stay for $175. Comes with $75 F&B credit. 

When on hotel's website click the three-line menu button on upper corner, then stays, then hotel offers. 

This offer is good 7 days/week. Sensational deal.

 Seems like the downturn in visitation and gambling has caused many casinos to start offering "deals" to Vegas visitors who have grown tired of being gouged. 

Interesting numbers from the Miles to Memories you tube.

Thru April visitation is flat.

In 2025 the Strip casinos profit margin was less than 1%, so despite the Gouge these casinos are barely squeaking by.

Downtown margins were just under 10%

Apparently debt service is a major factor in the lack of profits.  Look for Caesars & MGM to divest of some properties.  Making lease payments on land that they previously owned isn't helping either. 

Could be some steps in the right direction. Hopefully it continues. 

Yeah. The debt levels of the casino operators seem completely unsustainable. Even smaller companies like the Downtown Grand are drowning in debt. The Grand, as we know, is now in receivership because of it. 

If the casinos can have more manageable debt levels, and maybe return to owning the land they are on, their financials would start looking a lot better. I think once that happens we can get a return to a more affordable Vegas. 

They have to understand one simple concept that the Mob operators intuitively grasped: marginal utility.

The difference in marginal cost between an unoccupied and occupied room is almost trivial. Gotta pay the maid, so maybe $10 per night. Utilities? $5 or so. Maintenance? A few bucks at most. So if you offer that room at $20 a night, you're breaking even at least; and now you have a person on your property who will gamble, eat, drink, see a show: all high-margin profit centers. In other words, they should keep their hotels full even if they have to give the rooms away to do it.

The Rio figured this out last year: $16 per night during the dead weeks in November, December, and January. I think the Gougers are afraid to offer cheap rooms, because they need cash flow NOWWWWW, But doing that would produce cash flow a lot quicker than their present business model. And when you're carrying unsustainable debt, Job One is to pay it down as quickly as possible. But they get trapped by having to use their cash flow for debt service--so I would tell them, bring in the masses with their bulging wallets. Garner short-term revenue however possible, and above all, USE that asset--the big fat casino/hotel you own. Fill it up, no matter what.

They have to understand one simple concept that the Mob operators intuitively grasped: marginal utility.

The difference in marginal cost between an unoccupied and occupied room is almost trivial. Gotta pay the maid, so maybe $10 per night. Utilities? $5 or so. Maintenance? A few bucks at most. So if you offer that room at $20 a night, you're breaking even at least; and now you have a person on your property who will gamble, eat, drink, see a show: all high-margin profit centers. In other words, they should keep their hotels full even if they have to give the rooms away to do it.

The Rio figured this out last year: $16 per night during the dead weeks in November, December, and January. I think the Gougers are afraid to offer cheap rooms, because they need cash flow NOWWWWW, But doing that would produce cash flow a lot quicker than their present business model. And when you're carrying unsustainable debt, Job One is to pay it down as quickly as possible. But they get trapped by having to use their cash flow for debt service--so I would tell them, bring in the masses with their bulging wallets. Garner short-term revenue however possible, and above all, USE that asset--the big fat casino/hotel you own. Fill it up, no matter what.

Regarding Fremont....we stayed there in March 2025 for the first time. The rooms seemed nice enough to me, but my friend who uses a CPAP said his filter was black after just a couple nights. Not sure what that was about, but we won't be staying there in the future. 

It is down to $100 for two nights now.  It still includes the $75 food and drink. You also get early check-in (12 noon) and late check-out (3 pm). The Fine Print:  This deal does not include resort fees and taxes.