Fontainebleau to Complete Vegas Casino, Caesars Entertainment $5m Grand Prix Package, & More

This week’s casino news starts off with an update on an ongoing project on the Las Vegas Strip. Are we finally going to see the Fontainebleau get finished?

Fontainebleau Secures Financing To Complete Casino

City Center on the Las Vegas Strip has long had unfinished business. The long and often delayed Fontainebleau Las Vegas casino had many doubts surrounding whether or not it would ever get finished. Now, it appears that it might wrap up sooner rather than later. The development company that was behind the casino has finally gotten all of the financing needed, so that they can continue construction and finish up the property.

The property was first thought of in 2005 and is still unfinished to this day, 17 years later. Multiple companies have held ownership of the property in hopes of reviving it during that stretch, but nobody has been able to turn it into anything.

Las Vegas will finally have a Fontainebleau Hotel & Casino on the Strip.

Now, Fontainebleau Development told sources that they were able to get the full $2.2 billion from a financing group in order to finance the remainder of the property – something that nobody else has been able to do for over a decade. Still, nobody is quite sure what to expect out of this property moving forward, as specifics have been very vague regarding its future. If it does get finished up, it could and should be one of the nicest spots on The Strip to stay.

Caesars Entertainment Reveals $5 Million Grand Prix Package

Fans of Formula 1 are going to be flocking to The Strip in 2023 and those with some cash to spare will love the Caesars Entertainment package. They recently announced the “Emperor Package”, which is going to cost approximately $5 million per person if they want a ticket. To put this into perspective, the highest paid driver of the series is going to be making around $2 million less than what this package costs.

The package offers five nights at the Nobu Sky Villa in the Nobu Hotel Caesars Palace. It’s a massive 10,300 square-foot, three-bedroom area. The terrace can fit approximately 75 people there with a fantastic view of the racetrack for F1. You will also get 12 tickets to the Paddock Club and will be allowed into a private Caesars Entertainment space located in the club itself.

The cherry (or cherries) on top will be two tickets to Adele’s residency at The Colosseum and 24-hour Rolls-Royce driver service and a butler. Notto mention that patrons will get a VIP host, six free spots at any spa you would like to visit and a free dinner for 12 with a personal chef. It’s certainly a hefty price tag but you do get quite a bit for your dollars. And the idea is to split it with at least a handful of friends, so that should help with the cost.

Chad Eveslage Named World Poker Tour Player Of The Year

With 2022 now in the books, we now know who the The World Poker Tour Player of the Year was. The race came down to the wire with both Chad Eveslage and Steve Buckner battling it out for the title. However, it was Eveslage who emerged as the victor as he was able to overcome Buckner at the last second with a third-place finish during the Rock N Roll Poker Open back in November.

Eveslage earned over $3.298 million in earnings throughout the year to bolster his case for the award. This is an esteemed honor in the poker community and Eveslage has said that he’s going to wear it as a badge of honor. Or in his words, a “credential.”

Eveslage was awarded a World Poker Tour package worth $15,000 and a seat at the WPT World Championship with accommodation at the Wynn involving cash and a VIP host. Buckner got a near identical package to Eveslage, but his value was at $10,000.