Caesars CEO Tony Rodio said the company intends to keep a close watch on the rise in resort fees across the industry.
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The festivities were for Allegiant Air employees to celebrate the carrier’s deal with the Raiders to name the under-construction stadium in Las Vegas after the airline.
While Caesars Entertainment awaits the $17.3 billion buyout from Eldorado Resorts in 2020, Las Vegas attractions helped the company’s second-quarter revenue.
The companies said Monday that the deal will result in up to $300 million in annual cost savings and help speed up a digital transformation.
A Powerball player just over the Nevada border is $100,000 richer after Saturday’s drawing.
Southern Nevada residents can expect to their electricity bills to drop about $0.80 a month, starting this fall.
U.S. stocks plunged to their worst loss of the year Monday and investors around the world scrambled to sell.
Allegiant Air, which was named the Las Vegas stadium’s naming rights partner Monday, saw over 14 million passengers in 2018, generating $1.7 billion in total revenue last year.
The parent company of Las Vegas-based Allegiant Air was acknowledged as the name sponsor for the $1.9 billion, 65,000-seat indoor stadium at a topping-out event Monday.
The Raiders held an invitation-only topping out ceremony Monday for the $1.8 billion, 65,000-seat Las Vegas stadium.