Got a letter in the mail today dated May 1st that says effective
April 26th cash back is no longer offered for your points. They say you
have 30 days from the date of the letter to redeem points earned prior to
April 26th for cash or they will automatically be converted to comp
dollars.
The rest of the letter goes on to essentially say that they will
now offer only comps for points but promises "better pay tables, more
comps, and cash rewards". In June we are supposed to start receiving
"BONUS CASH COUPONS, gift cards, gas cards, hotel offers, dining offers,
VIP special invites, bonus points and tournament invitations".