All money is gambling credit (~90% expected value), nights mostly have expiration dates.
Hyatt Discoverist status matches Borgata/Mlife Pearl status (online match)
Pearl status matches Golden Nugget chairman status
Golden Nugget chairman status matches Total Rewards (Caesars) Diamond status (free night + other benefits)
Diamond status matches Hard Rock (Rock Royalty) status (2 free nights, $150)
Hard Rock matches Ocean (black card) status (2 free nights, $115)
Diamond status also matches back at Borgata to Mlife gold ($100, 1 free night) (You need to tell them it's a new account, just created earlier today and the Pearl is just from the Hyatt match to get the credit and free night)
Mlife gold matches to Hyatt Explorist (mid-tier Hyatt status)