Caesars Unveils Olympus, a New Invite-Only Loyalty Tier

Caesars Entertainment has unveiled Olympus, an invitation-only loyalty tier that requires 300,000 tier credits. The threshold equals roughly $1.5 million in theoretical spending, based on Caesars' conversion rates. Olympus sits above Seven Stars, the program's longtime top tier. It debuts in January 2027. Founding members will be notified in February, and a new loyalty card will be issued starting Feb. 1. The launch comes as Caesars nears completion of its $17.6 billion sale to Fertitta Entertainment. It adds another wrinkle to the company's ownership transition.

Olympus Tier Credit Rates: Slots, Poker, and Hotel Stays

Reaching 300,000 tier credits does not guarantee an invitation to Olympus, Caesars says. Earning the credit requirement is only the first step, the company says.

Credit rates vary sharply depending on how members earn them. Reel slots earn one tier credit per $5 wagered, which puts the Olympus threshold at $1.5 million in coin-in. Video poker earns credits at half that rate.

Reaching Olympus through video poker alone would take $3 million in play.

Hotel stays and dining earn one credit per dollar spent. That means $300,000 in room and restaurant charges alone reaches the threshold without any wagering. Olympus doubles the credit requirement of Seven Stars, which sits at 150,000.

What Members Get: Faster Rewards, Suites, and Retreats

Members who reach Olympus will earn reward credits 40% faster than other tiers. Caesars confirmed the faster earning rate in its program details. The tier includes suite upgrades, subject to availability, and invitations to member-only events. Caesars also confirmed a seven-night annual retreat for Olympus members, plus an inaugural founders party at Caesars Palace in March 2027.

Tier credits will continue to accrue through Caesars' digital platforms, including Caesars Sportsbook, Caesars Palace Online Casino, Horseshoe Online Casino, and WSOP Online. "As an invitation-only tier, earning the tier credit requirement does not guarantee membership," Caesars said. Comparable invite-only tiers exist at rival operators, though Caesars is unusual in publicly disclosing its threshold.

Launch Timeline Coincides With Fertitta Sale Closing

The Olympus rollout comes as Caesars works toward closing its sale to Fertitta Entertainment. Fertitta signed a definitive merger agreement with Caesars on May 27, 2026. The deal values Caesars at roughly $17.6 billion, including assumed debt. Activist investor Carl Icahn later submitted a competing offer of $34 per share during a "go-shop" period. Caesars' board ultimately stood by the Fertitta agreement after weeks of extended negotiations.

The Nevada Gaming Commission has already voted to amend the company's registration ahead of a shareholder vote. Once complete, Caesars will become a private company and its shares will leave the Nasdaq. The Olympus tier's launch timeline runs alongside that transition into 2027.