Tag: Harrah’s Reno
Harrah’s Reno Will Not Reopen
Casinos across America are starting to welcome guests back, but Harrah’s Reno will not be among them. Caesars Entertainment has announced that the company does not have plans to reopen the property. The building will now be changed into a non-gaming property and named the Reno City Center. It will consist of about 540 market-rate rental apartments. Caesars previously announced in January an agreement to sell the property, which has operated for more than 82 years. Harrah’s Las Vegas will not be effected by this. You can read more about the permanent closure of Harrah’s Reno at Yogo Net.
Harrah’s Reno Will Close This Year
Caesars has announced that they will sell their Harrah’s Reno Hotel and Casino to an affiliate of CAI Investments for $50 million. Caesars will continue to operate the property until the second half of 2020, a time during which it will continue to be part of the Caesars Rewards network. The property will apparently be developed into a non-gaming 20-story boutique hotel and mixed-use development. “We recognize the long legacy of Harrah’s in Reno, where the brand began 82 years ago and our role in the community. We are pleased the Buyer (CAI Investments affiliate) is committed to the community…