The New Jersey Casino Control Commission gave final approval for the deal to close of Eldorado Resorts Inc.’s $17.3 billion acquisition of Caesars Entertainment Corp. This is the last regulatory approval needed before the deal can close.
South Point is among few casino operators that still offer “cheap food, good odds,” says Anthony Curtis, a publisher of books on Las Vegas. The resort’s video poker slots return 99%, compared with about 96% or 97% on the Strip, according to Curtis. “Gaughan knows that you get them in the door with food and liquor and entertainment and you make a few bucks when they gamble,” says Ted Newkirk, founder of Access Vegas.
South Point is unique among Las Vegas resorts for its 4,600-seat equestrian arena.
“The secret is you have to find people that want to play [on the casino floor],” says Michael Gaughan, owner of South Point