Jackpot: Lucky Player Wins $377K at The Cromwell in Las Vegas
Posted on: December 6, 2022, 03:04h.
Last updated on: December 7, 2022, 04:07h.
An Oregon man won $377,136 over the weekend while playing Three Card Poker at The Cromwell, a boutique hotel casino on the Las Vegas Strip.
Michael Hayes of Lebanon, Ore., won the jackpot after hitting a royal flush at the Caesars Entertainment property on Saturday. His cards were the 10, Jack, Queen, King, and Ace of Spades. He also won a mega progressive jackpot.
Hayes, who’s a member of the Caesars Rewards loyalty program, said he expects to use the winnings to take his wife on her dream vacation, according to the company.
The Cromwell has 66 table games and 440 slot machines, and was recently selected as a top-10 casino by readers of USA Today.
Other Caesars Entertainment properties also saw recent jackpots. Last month, Brent Weiss of Las Vegas won $465,945 while playing a Mississippi Stud poker game at the Flamingo Las Vegas Casino. It was a mega progressive jackpot. He won with a royal flush.
Also in November, a player at the Linq won $114,251 in a progressive jackpot while playing Pai Gow.
In October, another player won $187,542 while playing Let It Ride poker at the Flamingo. It was through a mega progressive jackpot, KTNV, a local TV station, said. The player won with a royal flush and wasn’t identified. Also in October, an unnamed local won $288,024 at the Flamingo. It was also through a mega progressive jackpot. The winning hand was also a royal flush. The local was playing Crazy-4 poker.
Possible Digital Gaming Spin-Off
In November, Casino.org reported that Caesars Entertainment was open to the idea of spinning off its digital gaming unit if that corporate action would unlock shareholder value.
On the company’s third-quarter earnings conference call, Stifel analyst Steven Wieczynski asked Caesars CEO Tom Reeg if the company would mull separating the digital arm. That includes Caesars Sportsbook in the future.
Reeg replied that the company’s “competitive advantage here is tying it to the existing brick-and-mortar business and our Caesars Rewards database. And it would be my preference that that remains 100% owned by the parent company.”
Caesars’ digital operations, including internet casinos, lost $38 million in the quarter ending in September, as revenue surged 120%. That’s compared with a year-earlier loss of $164 million. Expectations are in place for the operators’ interactive business to turn profitable in coming months.
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