Caesars to transform Harrah’s New Orleans with $325m investment
Caesars Entertainment has announced it will invest $325m into Harrah’s New Orleans and rebrand the casino under its name.
The renovation and construction project is scheduled to be completed by 2024.
“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.”
Initial plans include a new 340 room hotel tower, new culinary and hospitality establishments within the casino and full exterior and interior architectural changes. The property will feature the Roman-inspired architecture on display at Caesars Palace in Las Vegas.
“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.”
Last year Caesars was awarded an operating contract for Harrah’s New Orleans that runs through 2054. The company promised to deliver the city of New Orleans millions of dollars in tax revenue and hundreds of construction jobs.
“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.
The investment for Harrah’s New Orleans comes a week after Caesars announced it was selling Belle of Baton Rouge to CQ Holding Company.
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