Park Place signs Indian casino deal

19.09.2003, Lesen Sie hier den Bericht über «Park Place signs Indian casino deal».

Park Place Entertainment Corp. of Las Vegas has signed an agreement with the Pauma-Yuima Band of Mission Indians to develop and manage a Caesars-branded casino on tribal land near the Pauma Valley in Southern California.

The Pauma tribe already operates a casino with slots and table games including craps and roulette. It also features entertainment, a cafe and a buffet. Plans call for the "Caesars Pauma" casino to replace the existing operation, Park Place spokesman Robert Stewart said.

Ultimately, however, the decision is up to the tribe, which will begin contract negotiations with the company, he said.

The management contract is subject to approval by the National Indian Gaming Commission as well as state regulatory approvals.

Plans call for development of the new casino at the existing casino site on more than 30 acres of tribal land off Interstate 15 just south of Temecula. The $250 million-plus resort would include about 500 hotel rooms, more than 100,000 square feet of casino space, restaurants, live entertainment and a spa.

"The sovereign tribal lands on which Caesars Pauma would be built are easily accessible for millions of people living in greater Los Angeles and greater San Diego," Park Place Chief Executive Wally Barr said in a statement. "The scenic setting of the Pauma tribal lands is perfect for a new Caesars resort."

"The Pauma Tribe is excited about the opportunity to work with Park Place to create a casino resort that the Tribe and the community can be proud of," Tribal Chairman Chris Deevers said.

Deevers could not be reached for further comment.

Über Caesars Palace:

Das Caesars Palace ist ein Hotel und Casino in Las Vegas USA. Es ist im Stil eines antiken römischen Palastes errichtet.

Das luxuriöse Hotel am Las Vegas Boulevard besitzt 3'348 Gästezimmer und Suiten. Säulen, Statuen und Wasser-Fontänen prägen das Erscheinungsbild. Das im Hotel integrierte Spielcasino belegt eine Fläche von etwa 12'000 Quadratmeter. Die Forum Shops, ein grosses Einkaufszentrum mit exklusiven Geschäften, und ein Schwimmbad-Bereich mit vielen Säulen und Marmor gehören zu dem Komplex.

Caesars Palace is a modern wonderland of luxury and excitement and is widely recognized among the world's greatest hotels. Located at the heart of the world famous Las Vegas Strip.In addition, Caesars Palace is home to the Garden of the Gods, a 4.5-acre pool complex and a world-class 22,000 sq. foot fitness center and spa.

The Forum Shops at Caesars and The Appian Way are two extraordinary collections of exquisite stores, restaurants and family entertainment set in an ancient Roman marketplace. While the hotel itself features 8 restaurants onsite, The Forum Shops offer another 14 restaurants, as well.

Das Casino gehört zu Caesars Entertainment. Caesars Entertainment Inc. wurde 1937 als Harrah's gegründet und wurde 2010 in Caesars Entertainment umbenannt. Besitzer sind die Investment-Firmen Apollo Global Management, TPG Capital und The Blackstone Group.

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