{"id":395760,"date":"2020-12-08T14:33:34","date_gmt":"2020-12-08T19:33:34","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=395760"},"modified":"2020-12-08T14:33:34","modified_gmt":"2020-12-08T19:33:34","slug":"caesars-entertainment-invests-325-million-to-transform-harrahs-new-orleans-into-caesars-new-orleans","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/caesars-entertainment-invests-325-million-to-transform-harrahs-new-orleans-into-caesars-new-orleans\/","title":{"rendered":"Caesars Entertainment Invests $325 Million to Transform Harrah&#8217;s New Orleans into Caesars New Orleans"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">New hotel tower, redesigned interior and exterior features, and new culinary and hospitality offerings will be complete by 2024<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW ORLEANS<\/span>, <span class=\"xn-chron\">Dec. 8, 2020<\/span> \/PRNewswire\/ &#8212;\u00a0Caesars Entertainment, Inc., parent company of Harrah&#8217;s <span class=\"xn-location\">New Orleans<\/span>, shared plans today to transform the award-winning property into Caesars New Orleans as part of a <span class=\"xn-money\">$325 million<\/span> renovation and construction project that will significantly enhance the property, set to be completed by 2024. <\/p>\n<p>The plans, presented today before the New Orleans Building Corporation, detail a large-scale renovation of Harrah&#8217;s, the only land-based casino in <span class=\"xn-location\">New Orleans<\/span>. 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&#8217; hallmark only steps from the famed French Quarter.<\/p>\n<p>Preliminary plans include: <\/p>\n<ul type=\"disc\">\n<li>An all-new 340 room hotel tower above the existing casino valet porte coch\u00e8re <\/li>\n<li>New culinary and hospitality offerings within the casino <\/li>\n<li>Additional development of the unoccupied area on the second floor of the casino <\/li>\n<li>Full exterior and interior architectural and design enhancements \u00a0<\/li>\n<\/ul>\n<p>&#8220;We are excited to introduce Caesars New Orleans to the city,&#8221; said <span class=\"xn-person\">Tom Reeg<\/span>, CEO of Caesars Entertainment. &#8220;As the only land-based gaming operator in the city, we take great pride in our 20-year history in <span class=\"xn-location\">New Orleans<\/span>, and this reinvestment is a testament to our continued commitment.&#8221;<\/p>\n<p>&#8220;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,&#8221; said <span class=\"xn-person\">LaToya Cantrell<\/span>, Mayor of <span class=\"xn-location\">New Orleans<\/span>. &#8220;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&#8217;s position as the top cultural and entertainment destination city in the nation.&#8221;<\/p>\n<p>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 <span class=\"xn-location\">New Orleans<\/span> and <span class=\"xn-location\">Louisiana<\/span> while creating 600 construction jobs during development and 500 sustainable and new jobs following the construction phase. <\/p>\n<p>&#8220;As a native of <span class=\"xn-location\">New Orleans<\/span>, I am so proud that we are working with local architects and designers to help enhance an already incredible destination,&#8221; said <span class=\"xn-person\">Samir Mowad<\/span>, General Manager of Harrah&#8217;s <span class=\"xn-location\">New Orleans<\/span>. &#8220;What was shared today is only the beginning of a transformation that will bring new energy, excitement, and fun to <span class=\"xn-location\">New Orleans<\/span>.&#8221; <\/p>\n<p>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 <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3005442-1&amp;h=917807740&amp;u=http%3A%2F%2Fwww.caesars.com%2Fdestinations%23Louisiana&amp;a=www.caesars.com%2Fdestinations%23Louisiana\" rel=\"nofollow noopener noreferrer\">www.caesars.com\/destinations#Louisiana<\/a>. <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder6149\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1361185\/Caesars.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1361185\/Caesars.jpg\" title=\"\" alt=\"\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b>For renderings, click <\/b><br \/>\n        <b><br \/>\n          <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3005442-1&amp;h=507242357&amp;u=https%3A%2F%2Fwww.dropbox.com%2Fsh%2Fuzpf5t2dmx8hbz9%2FAABmwyMATjb0NDQ5j-dBLF7Ra%3Fdl%3D0&amp;a=here\" rel=\"nofollow noopener noreferrer\">here<\/a><br \/>\n        <\/b>\n      <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder4636\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1360615\/Harrahs_NO_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1360615\/Harrahs_NO_Logo.jpg\" title=\"\" alt=\"\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b>About Caesars Entertainment, Inc. <br \/><\/b>Caesars Entertainment, Inc. (NASDAQ: CZR) is the largest casino-entertainment company in the U.S. and one of the world&#8217;s most diversified casino-entertainment providers. Since its beginning in <span class=\"xn-location\">Reno, Nevada<\/span>, in 1937, Caesars Entertainment has grown through development of new resorts, expansions and acquisitions. Caesars Entertainment&#8217;s resorts operate primarily under the Caesars\u00ae, Harrah&#8217;s\u00ae, Horseshoe\u00ae and Eldorado\u00ae 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 <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3005442-1&amp;h=1879198455&amp;u=https%3A%2F%2Furldefense.proofpoint.com%2Fv2%2Furl%3Fu%3Dhttp-3A__www.caesars.com_corporate%26d%3DDwMFAg%26c%3DvjMXFKVUKnGUWz-ELtMp2RA7G513eqYqgAK1QmF-zYk%26r%3Db1JJfBRdGk1O28gVWGeXU93-R71p_f-R95dIHXfECeY%26m%3DYoYWInOiOjRTmSgXdUR1oCHsW6mGq0emV8khSE7D4NQ%26s%3D6kmk6-URgrN51rDlH_Yi3cyIfKKAcsJj4GvXDRjfYeU%26e%3D&amp;a=www.caesars.com%2Fcorporate\" rel=\"nofollow noopener noreferrer\">www.caesars.com\/corporate<\/a>. <\/p>\n<p>\n        <b>About Harrah&#8217;s New Orleans Casino and Hotel<\/b><br \/>\n        <br \/>Harrah&#8217;s New Orleans Casino opened in <span class=\"xn-chron\">October 1999<\/span> on Canal Street in the heart of downtown <span class=\"xn-location\">New Orleans<\/span>, just steps away from The French Quarter. It is the area&#8217;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&#8217;s <span class=\"xn-location\">New Orleans<\/span> opened a 450-room luxury hotel, located on Poydras Street adjacent to the casino. Harrah&#8217;s <span class=\"xn-location\">New Orleans<\/span> is part of Caesars Entertainment, Inc. For more information, please visit <u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3005442-1&amp;h=3978467538&amp;u=https%3A%2F%2Fwww.caesars.com%2Fharrahs-new-orleans&amp;a=harrahsneworleans.com\" rel=\"nofollow noopener noreferrer\">harrahsneworleans.com<\/a><\/u><\/p>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder0\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1217653\/Caesars_Entertainment_Inc_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1217653\/Caesars_Entertainment_Inc_Logo.jpg\" title=\"(PRNewsfoto\/Caesars Entertainment Inc.)\" alt=\"(PRNewsfoto\/Caesars Entertainment Inc.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LA16302&amp;sd=2020-12-08\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/caesars-entertainment-invests-325-million-to-transform-harrahs-new-orleans-into-caesars-new-orleans-301188735.html\">http:\/\/www.prnewswire.com\/news-releases\/caesars-entertainment-invests-325-million-to-transform-harrahs-new-orleans-into-caesars-new-orleans-301188735.html<\/a><\/p>\n<p>SOURCE  Caesars Entertainment, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=LA16302&amp;Transmission_Id=202012081430PR_NEWS_USPR_____LA16302&amp;DateId=20201208\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New hotel tower, redesigned interior and exterior features, and new culinary and hospitality offerings will be complete by 2024 PR Newswire NEW ORLEANS, Dec. 8, 2020 \/PRNewswire\/ &#8212;\u00a0Caesars Entertainment, Inc., parent company of Harrah&#8217;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&#8217;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&#8217; hallmark only &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/caesars-entertainment-invests-325-million-to-transform-harrahs-new-orleans-into-caesars-new-orleans\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Caesars Entertainment Invests $325 Million to Transform Harrah&#8217;s New Orleans into Caesars New Orleans&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-395760","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Caesars Entertainment Invests $325 Million to Transform Harrah&#039;s New Orleans into Caesars New Orleans - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/caesars-entertainment-invests-325-million-to-transform-harrahs-new-orleans-into-caesars-new-orleans\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Caesars Entertainment Invests $325 Million to Transform Harrah&#039;s New Orleans into Caesars New Orleans - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"New hotel tower, redesigned interior and exterior features, and new culinary and hospitality offerings will be complete by 2024 PR Newswire NEW ORLEANS, Dec. 8, 2020 \/PRNewswire\/ &#8212;\u00a0Caesars Entertainment, Inc., parent company of Harrah&#8217;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&#8217;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&#8217; hallmark only &hellip; Continue reading &quot;Caesars Entertainment Invests $325 Million to Transform Harrah&#8217;s New Orleans into Caesars New Orleans&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/caesars-entertainment-invests-325-million-to-transform-harrahs-new-orleans-into-caesars-new-orleans\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-08T19:33:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1361185\/Caesars.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/caesars-entertainment-invests-325-million-to-transform-harrahs-new-orleans-into-caesars-new-orleans\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/caesars-entertainment-invests-325-million-to-transform-harrahs-new-orleans-into-caesars-new-orleans\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Caesars Entertainment Invests $325 Million to Transform Harrah&#8217;s New Orleans into Caesars New Orleans\",\"datePublished\":\"2020-12-08T19:33:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/caesars-entertainment-invests-325-million-to-transform-harrahs-new-orleans-into-caesars-new-orleans\\\/\"},\"wordCount\":680,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/caesars-entertainment-invests-325-million-to-transform-harrahs-new-orleans-into-caesars-new-orleans\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1361185\\\/Caesars.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/caesars-entertainment-invests-325-million-to-transform-harrahs-new-orleans-into-caesars-new-orleans\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/caesars-entertainment-invests-325-million-to-transform-harrahs-new-orleans-into-caesars-new-orleans\\\/\",\"name\":\"Caesars Entertainment Invests $325 Million to Transform Harrah's New Orleans into Caesars New Orleans - 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The plans, presented today before the New Orleans Building Corporation, detail a large-scale renovation of Harrah&#8217;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&#8217; hallmark only &hellip; Continue reading \"Caesars Entertainment Invests $325 Million to Transform Harrah&#8217;s New Orleans into Caesars New Orleans\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/caesars-entertainment-invests-325-million-to-transform-harrahs-new-orleans-into-caesars-new-orleans\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-08T19:33:34+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/1361185\/Caesars.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/caesars-entertainment-invests-325-million-to-transform-harrahs-new-orleans-into-caesars-new-orleans\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/caesars-entertainment-invests-325-million-to-transform-harrahs-new-orleans-into-caesars-new-orleans\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Caesars Entertainment Invests $325 Million to Transform Harrah&#8217;s New Orleans into Caesars New Orleans","datePublished":"2020-12-08T19:33:34+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/caesars-entertainment-invests-325-million-to-transform-harrahs-new-orleans-into-caesars-new-orleans\/"},"wordCount":680,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/caesars-entertainment-invests-325-million-to-transform-harrahs-new-orleans-into-caesars-new-orleans\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/1361185\/Caesars.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/caesars-entertainment-invests-325-million-to-transform-harrahs-new-orleans-into-caesars-new-orleans\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/caesars-entertainment-invests-325-million-to-transform-harrahs-new-orleans-into-caesars-new-orleans\/","name":"Caesars Entertainment Invests $325 Million to Transform Harrah's New Orleans into Caesars New Orleans - 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