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Caesars Entertainment’s $1 Billion Overhaul Increases Its Investments in Las Vegas

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Caesars Entertainment is investing a lot to modernize and enhance its properties in Las Vegas, Nevada.

With a roughly $1 billion commitment to modernize and improve its eight hotels through massive restorations, dining expansions, and casino enhancements, Caesars Entertainment, the biggest casino-entertainment firm in the United States, is placing a substantial wager on the future of the Las Vegas Strip.

Caesars Entertainment’s Las Vegas Regional President Sean McBurney stated, “Something that we’ve learned over the course of six decades at Caesars Palace is that properties have to continue to reinvent themselves.?The media reported that the corporation is still “very bullish on Las Vegas? pointing to high demand and the expanding impact of sports tourism. After all, Ceasers?sportsbook offers full mobile sports betting experience in 25 U.S. states and operates retail sportsbooks in five more, plus in two brick-and-mortar premises.

What Properties Will Be Revamped in 2025?

Caesars Palace, the company’s flagship property, has benefited greatly from the investment. The 58-year-old casino resort has seen significant renovations in recent years, including a 2022 makeover of its porte-cochère, casino dome, hotel lobby, and main entrance. New high-limit gaming rooms and the Flavian Sky Suites have been added in the last six months, and the 440-room Colosseum Tower—formerly the Forum Tower—opened in 2023.

Caesars has hired a number of well-known chefs in an attempt to expand its dining offerings. Stanton Social Prime and eateries by Bobby Flay, Dominique Ansel, and the renowned Peter Luger Steak House in New York are among the new selections.

In 2025, the iconic Flamingo casino-hotel is going through a major makeover across the Strip. Havana 1957, Gordon Ramsay Burger, and Pinky’s by Vanderpump are examples of new dining concepts. The Flamingo’s GO Pool area will be upgraded with a swim-up bar and temperature-controlled water as part of a $20 million project.

Caesars has made investments in more than just its marquee hotels. The Versailles Tower (originally Bally’s Jubilee Tower) underwent a $100 million makeover in Paris, Las Vegas. Meanwhile, Spiegelworld’s DiscoShow and Diner Ross are now featured on The Linq, and Planet Hollywood has launched Caramella in collaboration with Tao Group Hospitality.

Caesars believes that sports tourism is a major factor in Las Vegas?continued profitability, even in the face of economic uncertainty.

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