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Sweeps Poker ClubWPT Gold Ending Dual Currency, Caesars Delisted from S&P 500

ClubWPT Poker is ending their dual currency model, plus entering a new market. Caesars Entertainment has been removed from the S&P 500. In other Las Vegas news, the Flamingo Las Vegas is getting sued by a visitor who was allegedly injured by an escalator on the property.

Steve Lapinski
Steve Lapinski

Last updated: 2025-09-10

Chad Nagel

8 minutes read

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Caesars Entertainment, owners of Caesars Palace Casino in Las Vegas, has been delisted from the S&P 500 stock index.

Caesars Entertainment, operators of Caesars Palace and many other Las Vegas resorts, is no longer one of the 500 largest US publicly held companies and has been delisted from the S&P 500 index.

Sweeps Poker Site ClubWPT Gold Ends GC Play, Enters New Market

In a somewhat confusing move, sweepstakes poker site ClubWPG Gold is set to remove their Gold Coins (free play) currency from their site by mid-September, setting the 17th as the day these types of games will be offered.

According to ClubWPT Gold, when they remove the Gold Coins, they will be "adding a game-changing feature to ClubWPT Gold."

Although we don't know how they are going to stay within the sweepstakes laws without the Gold Coin play, their lawyers have probably concocted something in its place. It will be interesting to see what they come up with next week.

The fact that sweepstakes casinos and poker sites use this dual currency model has been a focal point of much of the state level anti-sweepstakes gaming legislation, so it doesn't come as a surprise than an operator is looking for ways to get rid of the dual nature.

We will keep you updated once they release their new model.

Also, in other ClubWPT Gold news, although no official statement has been made, some social media posts by folks related to the company have indicated that they will be entering the Canadian market, following Global Poker's recent exit from there.

 

Shrinking Caesars Entertainment Delisted from S&P 500 Index

Caesars Entertainment, operators of eight Las Vegas Strip casino resorts and hotels is one of three companies being removed from the S&P 500, the stock index of the five hundred largest publicly held companies in the United States.

This comes as the company has been losing value for quite some time. For example, if you had invested $100 in Caesars in 2020, you would have roughly $50 today.

In fact, it's been a much better bet to place a blackjack bet in one of their casinos than to buy their stock.

Caesars Entertainment will be replaced in the S&P 500 stock index by Robinhood Markets Inc. at the start of trading on September 22nd. Caesars will be joining the S&P Small Cap 600 at that time.

Flamingo Las Vegas Guest Takes Them to Court

It's extraordinarily difficult to hit a jackpot at a casino. Make that double if you're playing at any Caesars property on the strip, such as the Flamingo Las Vegas.

Now, one of the Flamingo's guests is trying to hit a jackpot in a more likely venue, the courtroom.

The Las Vegas Review-Journal reports that in October 2023, a guest at the Flamingo Las Vegas, Scotty Southwell, was visiting from California. During his visit, his foot got stuck in the stairwell of an escalator, and he suffered a serious injury as a result of the incident.

Now Southwell is suing both the casino and the company responsible for the escalators.

The suit was filed on September 2nd in Clark County District Court. The listed defendants are Flamingo Las Vegas and Schindler Elevator Corp. The suit accuses the two parties of negligence and insufficient training practices.

Southwell is seeking damages totaling more than $15,000, plus special damages and economic damages to be determined at the trial.

Steve Lapinski
Steve LapinskiCasino Editor

Steve Lapinski specializes in just about everything related to slot machines and casino games, both online and in land-based casinos in the USA. With over 25 years experience in the online gaming industry and nearly 40 years as a recreational gambler, the breadth of his knowledge on these topics is matched by few. Steve is passionate about casinos, and he takes great pride in sharing his knowledge of the subject with his readers.

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