Flamingo upgrading foyer, middle bar for eightieth anniversary | Inside Gaming | Enterprise

A landmark Strip on line casino is getting a handful of upgrades forward of a milestone anniversary.

The Flamingo will unveil a brand new foyer, middle bar and choose public areas because it approaches its eightieth anniversary in 2026, in accordance with a information launch from operator Caesars Entertainment.

The upgraded foyer will characteristic a 20-seat bar with tabletop gaming and a brand new VIP check-in space. Bugsy’s Bar, which sits within the middle of Flamingo’s on line casino flooring, will “undergo a full reimagination with a bold new design and an inventive cocktail menu,” the discharge mentioned.

Caesars mentioned the redesign “contributes to the ongoing transformation” of the three,500-room lodge.

Other current enhancements embrace Pinky’s by Vanderpump, Gordon Ramsay Burger, Havana 1957 and a $20 million makeover of the Go Pool.

Salt & Straw ice cream store and Category 10, an leisure expertise impressed by country-music star Luke Combs, will likely be opening at Flamingo subsequent yr.

“We’re introducing fresh designs that complement the recent additions to the property, creating spaces that feel modern yet unmistakably Flamingo,” mentioned Dan Walsh, senior vice chairman and basic supervisor. “The resort has always been an icon on the Strip, and these renovations ensure it remains a vibrant, must-visit destination for years to come.”

Strip outlook

Atlanta-based Truist Securities sees a bounce-back for many firms with investments on the Las Vegas Strip however says firms nonetheless must work to draw lower-budget and worldwide vacationers.

“(The fourth quarter) is looking healthier on the Strip than in prior quarters, on the back of a better calendar, healthier convention business and a strong sports calendar (including a better Formula One),” Truist analyst Barry Jonas wrote in a report. “MGM reiterated Q4 feeling better on a quarter-over-quarter basis given strong group and convention business, with only mid-December looking a bit light. Caesars Entertainment, however, doesn’t expect fourth quarter cash flow year-over-year growth with lingering leisure softness impacting hotel occupancy and rate.”

Jonas primarily based his feedback on administration statements at a Truist occasion in Boston final week.

“Moving into 2026, operators are positive on the strong first-half group dynamic, but Caesars appeared to be measured on the prospect for sizable full-year cash-flow growth. For that to happen, Vegas would need to see some current leisure headwinds alleviate, including Canada and Southern California improvements, as well as the lower-end customer,” he wrote.

Jonas additionally wrote that so-called prediction markets have been a sizzling subject on the occasion.

“We continue to monitor the prediction space closely given headlines generated by private operators and our interactive players launching sports contracts in the coming months,” he wrote. “DraftKings expects to go live with its sports prediction product in December, or possibly January, only with predictive sports in states that do not have legal online sports books. Management maintains the view that predictive will be less attractive to the casual sports bettor given exposure to sharp trading and a lack of promotional allowance, though overall should motivate states to legalize online sports betting faster than they otherwise may have and/or perhaps discourage tax increases.”

Deferring to courts

The new nominee to go the Commodity Futures Trading Commission mentioned he’d defer to the courtroom system on whether or not prediction markets involving sports activities outcomes is a type of playing.

Michael Selig informed U.S. senators in a affirmation listening to final week that he desires to listen to what courts conclude earlier than stating any opinions about whether or not sports activities prediction markets are a type of playing.

Several states, together with Nevada, are concerned in lawsuits with firms providing prediction markets. Earlier this month, U.S. District Judge Andrew Gordon informed litigants in Las Vegas in a case involving New York-based KalshiEx LLC towards Nevada on line casino regulators that he was leaning towards dissolving a preliminary injunction that enables Kalshi to supply a marketplace for sports activities predictions within the state.

Nevada regulators contemplate the markets to be a type of unlawful playing being supplied with out licensing.

Other states even have battled markets resembling Robinhood and Crypto.com in comparable courtroom circumstances.