Caesars Leisure this week lastly confirmed the long-running rumors that Bally’s on the Las Vegas Strip can be renamed and renovated into the Horseshoe.
A rendering of the longer term Horseshoe Las Vegas on line casino ground. Caesars is rebranding the Bally’s Strip resort to Horseshoe and bringing the World Sequence of Poker together with it. (Picture: Caesars Leisure)
Harrah’s Leisure, now Caesars Leisure, acquired the Horseshoe gaming model in 2004. It was a part of its $5.2 billion acquisition of Caesars and Binion’s Horseshoe in downtown Las Vegas. Whereas the newly fashioned on line casino large opted to promote Binion’s, the brand new Caesars maintained management of the Horseshoe trademark and it’s World Sequence of Poker (WSOP).
In an trade that’s continually reshuffling, Caesars in 2020 — following one more company overhaul by means of merging with Eldorado Resorts in a part of a $17.3 billion transaction — opted to promote its Bally’s model to an organization then often called Twin River Worldwide Holdings. Twin River has since rebranded to Bally’s Company.
Caesars’ divesting of its Bally’s regional casinos outdoors of Nevada got here with the supply that Caesars can be allowed to make use of the Bally’s title in Las Vegas. However Caesars now says that it’s going to rebrand Bally’s Las Vegas into Horseshoe Las Vegas.
The transformation is predicted to be accomplished by the tip of 2022. The present on line casino resort options 2,800 guestrooms and suites. The on line casino ground measures almost 70,000 sq. ft and is supplied with 1,250 slot machines, 65 desk video games, and a poker site.
One other Makeover for Strip Icon
Bally’s Las Vegas is about to bear its third title change for the reason that on line casino resort opened on the Strip in December of 1973.
The property debuted almost 50 years in the past as MGM Grand. When it opened with greater than 2,100 resort rooms, the resort was billed as one of many world’s largest accommodations.
Roughly six years after a hearth killed 85 folks within the resort, MGM Grand turned Bally’s in 1986 after the Bally’s gaming manufacturing group purchased the property from MGM.
In its launch right this moment, Caesars didn’t specify a price ticket to remodel the Strip on line casino to the Horseshoe. Calling Horseshoe Las Vegas “the 50-yard line” of the Strip, Caesars says the multimillion-dollar renovation will deliver again to life the Horseshoe model in Las Vegas in a way that celebrates its historical past and future.
2022 begins a brand new period for the Caesars Leisure empire in Las Vegas, one being heralded by the return of Horseshoe,” mentioned Sean McBurney, regional president of Caesars Leisure.
Caesars at the moment operates seven Horseshoe casinos situated in Indiana, Iowa, Louisiana, Maryland, and Mississippi.
WSOP Return
The World Sequence of Poker was based in 1970 by Benny Binion, who hosted the annual championship at his downtown Las Vegas namesake on line casino till the collection was acquired by Harrah’s. The WSOP was relocated to the Rio in 2005 and has been hosted on the off-Strip on line casino ever since.
Rio’s WSOP run ended final 12 months. Starting with the 2022 event, the WSOP can be held on the forthcoming Horseshoe Las Vegas.
“Horseshoe is the place all of it started,” mentioned WSOP Government Director Ty Stewart, who added that the Horseshoe model has all the time been about card gamers.
