Caesar’s to Spend $325M Transforming Harrah’s New Orleans

NEW ORLEANS – Caesars Entertainment Inc. announced a $325 million renovation and construction project that will transform Harrah’s New Orleans into Caesars New Orleans by 2024.

The plans, presented Dec. 8 to the city, detail a large-scale renovation that will “create a new flagship resort featuring the elegance and indulgence that has become Caesars’ hallmark.” 

Preliminary plans include a new 340-room hotel tower, new culinary and hospitality offerings, additional development of the unoccupied area on the second floor of the casino and “full exterior and interior architectural and design enhancements.”

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“We are excited to introduce Caesars New Orleans to the city,” said Tom Reeg, CEO of Caesars Entertainment, in a press release. “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.”

Caesars Entertainment has a New Orleans operating contract that lasts until 2054. A 2019 extension agreement dictates that Caesars 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.

The project is just the latest example of a major investment in downtown New Orleans despite the pandemic-related tourism slowdown. A $530 million conversion of the nearby World Trade Center building into a Four Seasons property will be complete in 2021. A project to improve the Canal Street Ferry Terminal is underway. And upgrades to the Audubon Aquarium of the Americas are in the works.

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“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 Mayor LaToya Cantrell in the same release. “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.”

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