Las Vegas: Bally´s could be imploded, rebuilt

20.06.2005, Lesen Sie hier den Bericht über «Las Vegas: Bally´s could be imploded, rebuilt».

The Strip casino will likely be renamed

(US).- Harrah’s Entertainment is contemplating a major renovation of its Bally’s resort on the Strip that might involve imploding it and building a Horseshoe-brand hotel, the company’s top executive said this week.


With the Caesars purchase, Harrah´s picks up Caesars Palace, Flamingo, Paris and Bally´s.

Harrah’s Chief Executive Gary Loveman, whose company assumed control of Caesars Entertainment Monday afternoon, said that’s just one of several options available. Sections of the property might also be rebuilt over time, he said. Bally’s will likely be renamed because it lacks a compelling brand identity, he added.

"We consider that corner one of the great locations in the city and we think there’s probably something better that could be done there," Loveman said. "We’re in the process of figuring out what that ought to be."

With the Caesars purchase, Harrah’s picks up Caesars Palace, Flamingo, Paris and Bally’s, all of which sit on or near the corner of Las Vegas Boulevard and Flamingo Road, like Harrah’s other two Las Vegas casinos. This creates an opportunity for the company to develop some kind of major attraction in the future to lure visitors to that part of the Strip, Loveman said.

Harrah’s became the world’s largest gaming company Monday with nearly 100,000 employees in 12 states and multiple countries and more than 40 casinos. In Nevada, the company will employ nearly 40,000 people and own 12 casinos after it sells the Reno Hilton later this year. It moves from the number 4 operator on the Strip to number 2 behind MGM Mirage, which owns 11 of the Strip’s major casinos after it bought Mandalay Resort Group last month.

About 40 percent of the company’s revenue will come from Nevada, up from about 20 percent before the deal.

Über Bally's Las Vegas (ab 2022 Horseshoe Las Vegas):

Bally's 2,814 beautifully-appointed rooms are among the largest in Las Vegas. Their suites provide guest with elegance and sophistication.

The original hotel-casino complex opened as the MGM Grand in 1973, with 2,100- rooms but was forced to close after a devastating fire during the fall of 1980. While under re-construction the newest in fire safety equipment was added to protect guests and a second hotel tower with 714-rooms was added. MGM Grand sold the property to the Bally Corporation in 1986, for over $500 million. During 1995, a $25 million monorail system linking Bally's and the MGM Grand together was build.

Bally's offers 175,000 square feet of flexible meeting and exhibit space for groups of 45 to 4,500 in the Las Vegas and Pacific Ballrooms on the second and third floors.

Enjoy hot name entertainment in the Jubilee Theater or gaming action in the 67,000-square-ft casino with 1,900 slot and video machines, 90 gaming tables, 8 craps tables, a Hi-Roller room with 15 tables or relax in the keno lounge, Race & Sports Book or one of several bar lounges. Bally's Race & Sports Book has 26 big screen monitors and 210 personal ones.

Dining: al Dente, Italian cuisine; Bally's Steakhouse, beef and seafood; Big Kitchen Buffet, an award winning buffet; Chang's at Bally's, Chinese and Hong Kong specialties; Seasons, continental cuisine and The Sidewalk Cafe, open 24- hours.

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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