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The objective of the palace was to ensure an atmosphere in which everybody staying at the hotel would feel like a Caesar; [5] this is why the name "Caesars Palace" lacks an apostrophe, making "Caesars" a plural instead of possessive noun. [6] Caesars Palace was instrumental in beginning a new era of lavish casinos from the late 1960s onward. [7]
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On June 18, 2004, Caesars sold the Las Vegas Hilton hotel-casino to Colony Capital for $280 million. A Caesars spokesperson stated that the sale would help the company focus on its major casinos on the Las Vegas Strip. [21] On July 14, 2004, Harrah's Entertainment agreed to purchase Caesars Entertainment for over $5 billion. The acquisition was ...
Caesars Entertainment, Inc., formerly Eldorado Resorts, Inc., is an American hotel and casino entertainment company founded and based in Reno, Nevada, that operates more than 50 properties. [3] Eldorado Resorts acquired Caesars Entertainment Corporation and changed its own name to Caesars Entertainment on July 20, 2020.