Caesars Earmarks $400mn for Atlantic Metropolis On line casino Renovations
US on line casino powerhouse Caesars Leisure, Inc. this week unveiled a $400 million grasp plan funding within the Atlantic Metropolis gaming market the place it runs three properties – Caesars, Harrah’s, and Tropicana Atlantic Metropolis.
The corporate additional famous that it’s going to implement its grasp plan over the subsequent three years in a bid to construct on its 40-year legacy within the native on line casino market and revitalize the long-lasting Atlantic Metropolis Boardwalk that hosts the entire metropolis’s 9 operational resort and on line casino resorts, together with Caesars’ above-mentioned three.
The operator’s plan consists of transformed resort towers, new inside design parts, enhanced on line casino flooring, new eating ideas with world-renowned restaurateurs, and extra.
Information about Caesars’ $400 million renovation scheme emerge shortly after Atlantic Metropolis’s Ocean On line casino Resort introduced a $15 million renovation project together with upgrades to the on line casino flooring and enlargement of a number of non-gaming facilities, amongst different issues.
$170 Million Room Transform at Caesars and Harrah’s
Caesars mentioned that the primary section of its $400 million venture would contain a $170 million renovation of guestroom and suite experiences at its Caesars and Harrah’s properties. The corporate will debut the revamped rooms and suites this summer time.
Room enhancements designed by Inside Picture Group might be applied at roughly 600 guestrooms at Caesars’ Centurion and Ocean Towers and Harrah’s Atrium Tower. The corporate mentioned that the deliberate rework is impressed by Atlantic Metropolis’s seashore and Boardwalk in addition to the ocean.
At Caesars, the revamped rooms will unveil trendy Roman aesthetic with wealthy hues of blue and cream accent colours, grey and white tones, and up to date furnishings, together with trendy bogs with enormous showers, mirrors, and signature facilities.
At Harrah’s, Caesars has drawn inspiration from the property’s upscale, but accessible hospitality model with enjoyable, vigorous, and vibrant parts that play off its “subtle Marina District locale.”
The corporate mentioned that it could unveil extra particulars on the deliberate new hospitality, leisure, and culinary experiences within the coming months, topic to approval from the New Jersey Division of Gaming Enforcement.
State, Metropolis Leaders Applaud Caesars’ Renovation Plan
Of their renovation plan, Caesars President and COO Anthony Carano mentioned that it could assist them introduce the corporate’s new identification to Atlantic Metropolis and revitalize their model of hospitality, whereas persevering with to place its three properties as main resorts within the native market.
Mr. Carano went on to say that they continue to be bullish on the town’s on line casino market and that this $400 million venture will additional place them for a long-term progress and success within the native playing area.
Information concerning the scheme has been welcomed by state and metropolis leaders, with New Jersey Gov. Phil Murphy saying that this massive funding within the metropolis helps their give attention to “rising the financial system, persevering with to assist Atlantic Metropolis, and creating jobs in our state.”
Atlantic Metropolis Mayor Marty Small mentioned that Caesars’ plan will “undoubtedly reinvigorate Atlantic Metropolis.” The official additional elaborated that “this 12 months marks a brand new period for the Metropolis, and we admire Caesars’ dedication to the market as the biggest employer in Atlantic County.”
Supply: Caesars Entertainment to Invest $400 Million Into Its Atlantic City Resorts By 2023, PR Newswire, April 21, 2021