Posted on: January 11, 2022, 11:10h.
Last updated on: January 11, 2022, 01:25h.
Peter Luger — a single of the names most synonymous with the New York steak property expertise — is coming to the Las Vegas Strip and will open up in Caesars Palace at the end of this year.
The blend of casinos and steak properties is attempted and legitimate, and Las Vegas is the epicenter of that marriage. Almost each casino-vacation resort on the Strip and downtown has a casual or substantial-end eatery focusing on carnivorous diners, and there are some legendary names amid people eating places.
Which is the stratosphere in which Peter Luger operates. The cafe, which opened its initial area in New York in 1887, is Michelin-starred, and in some circles, is thought to be the initial steak dwelling in New York.
We’re thrilled to be bringing Peter Luger to Caesars Palace. It was essential for us to be capable to convey to Las Vegas the identical menu, the exact ambiance and—most important—the exact same quality beef that we are recognized for in New York, and Caesars was aligned with that eyesight,” claimed Peter Luger President Amy Rubenstein in a assertion.
Information of Peter Luger coming to Caesars Palace arrives right after a yr in which the cafe lineup at the built-in vacation resort was altered in dramatic style, like the closures of Mesa Grill and Italian cafe Rao’s.
Coup for Caesars
The main resources of allure at Las Vegas built-in resorts, particularly people in the Caesars tier, are gaming and entertainment. But it is advantageous to operators to keep strong restaurant lineups, which include significant-conclude venues, to protect against attendees from departing for a further venue simply just to dine.
There’s also cache. Peter Luger coming to Las Vegas is a coup for Caesars, not only because it’s a venerable title in the steak home room, but also simply because it is the to start with time the cafe operator is growing in 60 yrs. It is the initial time it’s opening a area outdoors of New York. Its present spots are in Brooklyn and Wonderful Neck.
When Peter Luger opens in Caesars, it will be positioned around MR CHOW. The assertion doesn’t suggest what capacity will be at the steak joint. Its Brooklyn and Wonderful Neck spots seat just 60 and 65 diners, respectively.
It’s also not very clear how non-comped customers at the Caesars Peter Luger will pay out. At the two New York places to eat, credit score cards aren’t recognized. But people venues do consider dollars, debit cards, residence accounts, and own checks.
Change of Heart by Reeg?
One particular of the good reasons Caesars Enjoyment (NASDAQ:CZR) is a person of Wall Street’s preferred casino stocks is mainly because CEO Tom Reeg and his administration group have an proven standing for slicing expenses and boosting running margins.
Alongside those people strains, Caesars management isn’t shy about trimming or getting rid of small-margin eating solutions, including buffets, at some locations. On an earnings meeting phone with analysts previous calendar year, Reeg famously manufactured some snarky remarks about in-casino eating, including “God forbid they (shoppers) stop at McDonald’s on the way residence.”
When the Peter Luger opening represents a departure from all those reviews, it is, immediately after all, Peter Luger.