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Caesars Entertainment, Spiegelworld Inc. $ 75 Million Theater Transactions | Work

Atlantic City, NJ (AP) — Caesars Entertainment and the company that produces the show “Absinthe” in Las Vegas are collaborating on theater and dining projects that cost nearly $ 75 million in three states.

Caesars told The Associated Press Thursday that it had signed a deal with Spiegelworld to create a new live theater project at casinos in Las Vegas, Atlantic City and New Orleans.

“Atlantic City, New Orleans, and Las Vegas are the country’s modern entertainment and sports centers. Adding the creative eyes of Spiegelworld to develop a vision for the amazing reinvention of real estate in New Orleans and Atlantic City. Anthony Karano, President and Chief Executive Officer of Caesars Entertainment, said:

The first project is a new permanent production at The LINQ Hotel + Experience in Las Vegas. It will be produced under the name “Disco Show” at the new Spiegelworld Glitterloft, which will open by the fourth quarter of 2022.

Caesars Atlantic City will also host a new theater and resident show in the first quarter of 2023. The project will incorporate the facade of the former Warner Theater in 1929, which is now part of the appearance of the casino facing the boardwalk.

This is part of a $ 400 million refurbishment that Caesars has promised to do at three Atlantic City casinos.

And the new theater and show will open in 2024 at Caesars Palace New Orleans as part of the $ 325 million refurbishment of the casino.

In addition to “Absinthe”, Spiegel World also produces “OPIUM” at Las Vegas Cosmopolitan, “Atomic Saloon Show” at Grand Canal Shoppes in Venetian Las Vegas, and “Super Frico” live entertainment party at Las Cosmopolitan. Vegas.

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Follow Wayne Parry on Twitter @WayneParryAC

——— This story has been revised to show that the total price of the project is $ 75 million instead of $ 100 million, and that the New Orleans project will start in 2024 and will not be completed in 2023. origin.

Copyright 2021 AP communication. all rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.



Caesars Entertainment, Spiegelworld Inc. $ 75 Million Theater Transactions | Work

Source link Caesars Entertainment, Spiegelworld Inc. $ 75 Million Theater Transactions | Work

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