Does Caesars credit card come with Caesars Platinum status? Is it for good as long as being a cardholder? Or just for the first year?

Because I found the fine print of this statement and confusing me.

"Spend $0.01 in the first 90 days on qualifying purchases made with your Caesars Rewards® Visa Signature® Credit Card, minus returns, to upgrade to Platinum status. Spend amount excludes balance transfers and cash advances."

TIA