The Las Vegas Strip’s newest casino resort rolled out new parking policies for the new year.
Fontainebleau Las Vegas updated its self-parking policies for 2025, which includes an extension of the resort’s exclusive valet program and a reduction in the free self-parking surcharge.
The property says all guests who dine at the resort’s “world-class restaurant and bar collection, spend in retail spaces or enjoy a treatment at Lapis Spa & Wellness and IGK Salon,” can now validate their valet.
One hour of free self-parking is available to all visitors in 2025, down from the four hours previously offered since the property opened in December 2023. Self-parking is $20 for up to 24 hours while Nevada residents will continue to get up to three hours of free parking with valid identification.
Fontainebleau Rewards members who are silver level and above receive free self-parking. Hotel guests can also park themselves free of charge.
Below is a summary of game news.
RRR’s low price
Although Red Rock Resorts stock hit a 52-week low for its share price last week, a prominent analyst believes that the parent company of Station Casinos Inc. will recover.
“Since reporting third-quarter earnings on Nov. 8, RRR shares have fallen about 22 percent,” Deutsche Bank analyst Carlo Santarelli said in a Monday report to investors.
“While it’s never entirely clear, we believe the weakness in equities is related to a combination of the slightly cautious commentary on the third quarter, particularly around the outlook for 2025 given real estate disruptions, the relatively flat outlook from the fourth quarter of 2024 so far on the local population in Las Vegas gross gaming revenue and earnings concerns for the fourth quarter, given December’s sportsbook results, in light of the $7.6 million cash flow headwind for RRR stemming from the tough October sports results. In short, we believe operating results have been stronger than expected and we believe our updated forecasts … are achievable, if not exceeded.”
Red Rock’s stock price fell to $42.46 a share on Friday, the lowest in a year.
Penn partnership
Penn Entertainment Inc. has announced a multi-channel partnership with Monumental Sports & Entertainment securing online market access to ESPNBet in Washington DC
The company that operates Henderson’s M Resort will give Penn access to teams with ties to Monumental, which include the NBA’s Washington Wizards, the NHL’s Washington Capitals and the WNBA’s Washington Mystics.
ESPNBet is not licensed in Nevada.
