{"id":17128,"date":"2015-11-02T13:50:16","date_gmt":"2015-11-02T21:50:16","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=17128"},"modified":"2015-11-02T13:52:20","modified_gmt":"2015-11-02T21:52:20","slug":"caesars-loses-ohio-parking-fees-on-the-strip","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/caesars-loses-ohio-parking-fees-on-the-strip\/","title":{"rendered":"Caesars loses Ohio; Parking fees on the Strip?"},"content":{"rendered":"

In a lose-lose scenario, Caesars Entertainment<\/strong> is losing its management contracts<\/a> at Horseshoe Cincinnati<\/strong>, Horseshoe \"danielgilbert\"<\/a>Cleveland<\/strong> and Thistledown Racino<\/strong>. Even with the valuable Horseshoe brand, all three had been losing business in recent months. Caesars had long ago sold its minority share of the three properties to Rock Gaming<\/strong> owner Dan Gilbert<\/strong>. Now it will lose the revenue stream that came with running them on Gilbert’s behalf. It’s a tragic end for Caesars, which sold lucrative Harrah’s Maryland Heights<\/strong> to get into Ohio<\/strong> and now has nothing to show for it.<\/p>\n

The real losers may be players, who will no longer have access to Total Rewards<\/strong>. Rock Gaming CEO Matt Cullen<\/strong>‘s statement that\u00a0“We view this as an opportunity to leverage our unique culture and vast network of companies to grow the business and further connect \"Cincy<\/a>the casinos to the downtown areas where they reside” is hardly an answer to the problem. Total Rewards accruals will be rolled into a new, Rock Gaming loyalty program. Today’s news doesn’t constitute a complete divorce between Gilbert and Caesars. His company still partners with Caesars in Horseshoe Baltimore<\/strong>, although who can say how long that will endure, given this surprising turn of event and Caesars CEO Mark Frissora<\/strong>‘s reputation for cutting costs? (In case you missed it, The Rio’s seafood buffet fell victim to Frissora’s frugality.)<\/p>\n

* Parking fees on the Strip are already standard at Vdara<\/strong> and Mandarin Oriental<\/strong>. Now MGM Resorts International<\/strong> is starting to sneak them at other casinos under the premise of special events. Non-hotel guests had to pay $30 to park their cars in the Excalibur garage for\u00a0the Mayweather-Pacquiao<\/strong> fight and during the Route 91<\/strong> country-music festival. You don’t have to have a Ph.D to realize that MGM is testing customer resistance at The Ex and, depending on how remunerative parking fees are, will expand them to other Strip garages as the MGM\/AEG Arena<\/strong> comes on line.<\/p>\n