Caesars Entertainment and Spiegelworld Announce Multimillion-Dollar Live Entertainment Deal to Create Three, All-New, Permanent Shows in Las Vegas, Atlantic City and New Orleans
October 14, 2021 at 03:59 pm EDT
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Caesars Entertainment inked a monumental deal with Spiegelworld collectively investing nearly $75 million to create three, all-new live entertainment experiences at Caesars resorts in Las Vegas, Atlantic City and New Orleans. The two companies' expanded relationship will see a new permanent production open in the fourth quarter of 2022 - DiscoShow at The LINQ Hotel + Experience in Las Vegas. DiscoShow will be followed by a brand-new theater and resident show at Caesars Atlantic City, opening in the first quarter of 2023, and a third new theater and show is planned for Caesars New Orleans in 2024. The idea was born in the middle of the pandemic when Anthony Carano, in his first week as President and Chief Operating Officer of Caesars Entertainment, scheduled a lunch at Beijing Noodle No. 9 in Las Vegas with Ross Mollison, Impresario Extraordinaire of Spiegelworld, producer of the long-running, hit show Absinthe at Caesars Palace Las Vegas.
Caesars Entertainment, Inc. specializes in the holding and operation of gaming establishments and hotel complexes. At the end of 2023, the group operated 52 establishments under the Caesars Palace, Harrah's, Horseshoe, Eldorado, Silver Legacy, Circus Circus Reno, Tropicana, Paris Las Vegas, Planet Hollywood Resort & Casino, The Cromwell, Grand Victoria Casino and Isle Casino brands. Net sales break down by activity as follows:
- casino operations (55.4%): approximately 51,300 slot machines and video lottery terminals and approximately 2,700 gaming tables operated at the end of 2023. The group is also developing a sports betting and online gambling operating activity;
- hotel operations (18.1%): 44,700 rooms;
- operation of restaurants, bars and lounges (14.8%);
- other (11.7%): including the operation of nightclubs, entertainment establishments, stores and conference rooms.
Caesars Entertainment and Spiegelworld Announce Multimillion-Dollar Live Entertainment Deal to Create Three, All-New, Permanent Shows in Las Vegas, Atlantic City and New Orleans