NEW ORLEANS, Dec. 8, 2020 /PRNewswire/ -- Caesars
Entertainment, Inc., parent company of Harrah's New Orleans, shared plans today to transform
the award-winning property into Caesars New Orleans as part of a
$325 million renovation and
construction project that will significantly enhance the property,
set to be completed by 2024.
The plans, presented today before the New Orleans Building
Corporation, detail a large-scale renovation of Harrah's, the only
land-based casino in New Orleans.
Embracing the iconic Caesars brand, the project will create a new
flagship resort, Caesars New Orleans, featuring the elegance and
indulgence that has become Caesars' hallmark only steps from the
famed French Quarter.
Preliminary plans include:
- An all-new 340 room hotel tower above the existing casino valet
- New culinary and hospitality offerings within the casino
- Additional development of the unoccupied area on the second
floor of the casino
- Full exterior and interior architectural and design
"We are excited to introduce Caesars New Orleans to the city,"
said Tom Reeg, CEO of Caesars
Entertainment. "As the only land-based gaming operator in the city,
we take great pride in our 20-year history in New Orleans, and this reinvestment is a
testament to our continued commitment."
"We will continue to move this city forward and fuel our
economic recovery, moving important projects that put people to
work and entertain residents and visitors alike," said LaToya Cantrell, Mayor of New Orleans. "We are excited that this
expansion will mean hundreds of construction jobs during the
project and hundreds more in sustainable and new jobs
post-construction. The addition of Caesars New Orleans will
strengthen our city's position as the top cultural and
entertainment destination city in the nation."
In June of 2019, Caesars Entertainment was awarded an extension
to its operating contract, allowing operation until 2054. As part
of the extension agreement, Caesars Entertainment will provide
millions in tax revenue to New
Orleans and Louisiana while
creating 600 construction jobs during development and 500
sustainable and new jobs following the construction phase.
"As a native of New Orleans, I
am so proud that we are working with local architects and designers
to help enhance an already incredible destination," said
Samir Mowad, General Manager of
Harrah's New Orleans. "What was
shared today is only the beginning of a transformation that will
bring new energy, excitement, and fun to New Orleans."
Additional details on new hospitality, entertainment, and
culinary offerings will be shared in the coming months, subject to
City and Louisiana Gaming Control Board approval. For more
information, please visit
For renderings, click here
About Caesars Entertainment, Inc.
Entertainment, Inc. (NASDAQ: CZR) is the largest
casino-entertainment company in the U.S. and one of the world's
most diversified casino-entertainment providers. Since its
beginning in Reno, Nevada, in
1937, Caesars Entertainment has grown through development of new
resorts, expansions and acquisitions. Caesars Entertainment's
resorts operate primarily under the Caesars®, Harrah's®, Horseshoe®
and Eldorado® brand names. Caesars Entertainment offers diversified
amenities and one-of-a-kind destinations, with a focus on building
loyalty and value with its guests through a unique combination of
impeccable service, operational excellence and technology
leadership. Caesars Entertainment is committed to its employees,
suppliers, communities and the environment through its PEOPLE
PLANET PLAY framework. For more information, please visit
About Harrah's New Orleans Casino and Hotel
Harrah's New Orleans Casino opened in October 1999 on Canal Street in the heart of
downtown New Orleans, just steps
away from The French Quarter. It is the area's only land-based
casino with more than 115,000 sq. ft. of gaming, including more
than 1,400 slot machines, 130 table games and a 20-table poker
room. In 2006, Harrah's New
Orleans opened a 450-room luxury hotel, located on Poydras
Street adjacent to the casino. Harrah's New Orleans is part of Caesars Entertainment,
Inc. For more information, please visit harrahsneworleans.com
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SOURCE Caesars Entertainment, Inc.