Caesars Entertainment Continues to Reinvest in Las Vegas Properties

Las Vegas is currently the home of nearly 300 hotels and casino resorts. As a premium gaming, entertainment and hospitality destination that is popular across the globe, Sin City welcomes tens of millions of visitors every year.

While many recognizable gambling and hospitality giants have already established their footprint in the gambling capital of the world, this doesn’t mean that the sector isn’t competitive, and additional investments are always necessary.

The Hospitality and Gaming Giant Is Bullish on Las Vegas

Caesars Entertainment is an operator on the Las Vegas Strip that has identified the importance of reinvestment in its quality portfolio of hotel and casino resorts. With the pandemic now in the rearview mirror, the company which operates eight properties on the Strip continues to invest heavily, improving its portfolio.

In fact, in the days after the pandemic, Caesars is getting closer to surpassing $1 billion in investments in Las Vegas, a figure that is a testament to its dedication to continuing to deliver unforgettable experiences to its growing customer base. Despite the significant investments, challenges and uncertainties Caesars is facing, a gaming executive recently highlighted the operator’s unquestionable success and painted a bright future.

That’s the case for Sean McBurney, Caesars’ Las Vegas regional president, who was recently interviewed by the Las Vegas Review-Journal. The executive spoke about the importance of investments for the company. Notably, McBurney said: “Demand is still great. When we look ahead, we feel very bullish on Las Vegas.”

At the same time, McBurney praised the positive impact of sports on Las Vegas. Pointing to the incredibly success sports brought to Las Vegas, Caesars’ regional president added: “All of us strive to provide a reason for customers to want to come and visit us, and we’re all doing that in our own methods. What sports has done is given all of us just such a great reason for our customers from across the country and around the world to come to Las Vegas.”

Reinvestment Is Important

A major part of the investments completed by Caesars over the last few years was into its flagship Las Vegas property, Caesars Palace. Although the hotel and casino resort has a rich history spanning nearly six decades, the company has constantly improved throughout the years.

McBurney spoke about the importance of reinvestments, explaining that the Caesars learned that “properties have to continue to reinvent themselves.” While he pointed out that the company invested in Caesars Palace, he said that common spaces are expected to receive an overhaul soon.

Speaking about renovations done to the premium gaming and hospitality venue, McBurney said Caesars sought to keep the venue’s “authentic history” while delivering convenience and further amenities. While he pointed to the hotel and casino’s luxury status, the executive said that it has “something for everyone.”

Caesars Palace isn’t the only property the company reinvests in to ensure its competitive advantage. According McBurney, the historic Flamingo is currently going through a major overhaul that delivers several new dining options while preserving its heritage.