Harrah's New Orleans
   HOME

TheInfoList



OR:

Harrah's New Orleans is a
casino A casino is a facility for certain types of gambling. Casinos are often built near or combined with hotels, resorts, restaurants, retail shopping, cruise ships, and other tourist attractions. Some casinos are also known for hosting live entertai ...
in
New Orleans New Orleans ( , ,New Orleans
Merriam-Webster.
; french: La Nouvelle-Orléans , es, Nuev ...
,
Louisiana Louisiana , group=pronunciation (French: ''La Louisiane'') is a state in the Deep South and South Central regions of the United States. It is the 20th-smallest by area and the 25th most populous of the 50 U.S. states. Louisiana is borde ...
, United States, near the foot of Canal Street a block away from the
Mississippi River The Mississippi River is the second-longest river and chief river of the second-largest drainage system in North America, second only to the Hudson Bay drainage system. From its traditional source of Lake Itasca in northern Minnesota, it f ...
. It is a casino with approximately 2,100
slot machine A slot machine (American English), fruit machine (British English) or poker machine (Australian English and New Zealand English) is a gambling machine that creates a game of chance for its customers. Slot machines are also known pejoratively a ...
s, over 90 table games and a
poker Poker is a family of comparing card games in which players wager over which hand is best according to that specific game's rules. It is played worldwide, however in some places the rules may vary. While the earliest known form of the game w ...
room. The casino is owned by
Vici Properties Vici Properties Inc. is a real estate investment trust (REIT) specializing in casino properties, based in New York City. It was formed in 2017 as a spin-off from Caesars Entertainment Corporation as part of its bankruptcy reorganization. It own ...
and operated by
Caesars Entertainment 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. Eldorado Resorts acquired Caesars Entertainment Corpora ...
. There are several places to eat ranging from buffet style to fine dining. Since its opening in 1999 Harrah's has been renting nearby hotel rooms to accommodate its guests; currently, the newly renovated 202-room Wyndham Riverfront Hotel is providing such accommodations. In order to avoid leasing rooms, the casino opened its own 27-story hotel tower with 450 rooms across the street from the casino on September 21, 2006, just days ahead of the
New Orleans Saints The New Orleans Saints are a professional American football team based in New Orleans. The Saints compete in the National Football League (NFL) as a member of the league's National Football Conference (NFC) South division. Since 1975, the te ...
return to the
Louisiana Superdome The Caesars Superdome, commonly known as the Superdome (formerly known as Mercedes-Benz Superdome), is a multi-purpose stadium located in the Central Business District of New Orleans, Louisiana. It is the home stadium of the New Orleans Saints ...
. It is the only land-based private casino with table games in the state by Louisiana law (there are other casinos in the state with their gambling facilities on floating boats and
horse racing Horse racing is an equestrian performance sport, typically involving two or more horses ridden by jockeys (or sometimes driven without riders) over a set distance for competition. It is one of the most ancient of all sports, as its basic p ...
racino A racino is a combined race track and casino. In some cases, the gambling is limited to slot machines, but many locations are beginning to include table games such as blackjack, poker, and roulette. In 2003, Joe Bob Briggs described the econo ...
s with slot machines). It is referred to in state statute as "the official gaming establishment". The casino shut down in the wake of
Hurricane Katrina Hurricane Katrina was a destructive Category 5 Atlantic hurricane that caused over 1,800 fatalities and $125 billion in damage in late August 2005, especially in the city of New Orleans and the surrounding areas. It was at the time the cost ...
in 2005 but reopened in the midst of
Mardi Gras Mardi Gras (, ) refers to events of the Carnival celebration, beginning on or after the Christian feasts of the Epiphany (Three Kings Day) and culminating on the day before Ash Wednesday, which is known as Shrove Tuesday. is French for "Fat ...
on February 17, 2006. The location of the casino was most recently previously the site of the Rivergate Convention Center, demolished in 1995. A short tunnel built as part of the canceled Vieux Carré Riverfront Expressway is used for
valet parking Valet parking is a parking service offered by some restaurants, stores, and other businesses. In contrast to "self-parking", where customers find a parking space on their own, customers' vehicles are parked for them by a person called a ''valet ...
and for an entrance passing underneath
Poydras Street Poydras Street (french: Rue Poydras) is a street that serves as the main artery of the New Orleans Central Business District, in New Orleans, Louisiana. The street is named for Julien de Lallande Poydras. Many of the city of New Orleans' and the st ...
.


History

The casino is the brainchild of
Christopher Hemmeter Christopher Hemmeter (October 8, 1939 – November 27, 2003) was an American real estate developer who pioneered the concept of destination resorts in Hawaii and was involved in gambling development of casinos, primarily in New Orleans and Col ...
, a hotel developer in the Hawaiian Islands who returned to the mainland in 1991 when he began to develop casino gaming projects including the nearby
River City Casino River City Casino is a casino in Lemay, Missouri, in Greater St. Louis. It is owned by Gaming and Leisure Properties and operated by Penn Entertainment. It opened on March 4, 2010. History Located in Lemay, Missouri, River City Casino is on the ...
. His biggest project was a proposed $1 billion casino in
New Orleans New Orleans ( , ,New Orleans
Merriam-Webster.
; french: La Nouvelle-Orléans , es, Nuev ...
. Billed at the time as "the world's largest casino". The original design resembled Monte Carlo's 1861 casino, intending to evoke the New Orleans 1885 Cotton Exposition and Chicago's 1893 World Columbia Exposition. The developers estimated the casino would attract one million additional visitors to the city and would generate annual revenues of as much as $780 million, estimates that were based in part on the proven success of dockside gaming in the Mississippi Gulf Coast area. In 1993 a partnership of Hemmeter and
Caesars World Caesars World Inc. was a hotel and casino operator. It began as Lum's Inc., owner of the Lum's chain of restaurants. It shifted into the gaming business with the purchase of Caesars Palace on the Las Vegas Strip in 1969, selling off the restauran ...
obtained the lease on the Rivergate property, which by law was the only place the land-based casino could be built in Louisiana, beating out a rival bid by
Harrah's Entertainment Harrah's Entertainment (later named Caesars Entertainment Corporation, previously The Promus Companies) was an American casino and hotel company founded in Reno, Nevada, and based in Paradise, Nevada, that operated over 50 properties and seven go ...
. In August 1993, however, the State Casino Board awarded the state's sole casino license to Harrah's and not the Hemmeter-Caesar's partnership. The impasse of one company owning the only license and another owning the only lease was resolved when the two entities formed a joint venture under pressure from then-Governor
Edwin Edwards Edwin Washington Edwards (August 7, 1927 – July 12, 2021) was an American politician and member of the Democratic Party who served as the U.S. representative for from 1965 to 1972 and as the 50th governor of Louisiana for four terms (1972– ...
. The new entity, known as "Harrah's Jazz", established a temporary casino in the Municipal Auditorium in order to establish a cash flow while the main facility was under construction at the Rivergate. The temporary facility opened in May 1995 and a week later was closed due to a flood. The poor location of the site resulted in the actual gaming take falling 60% below projections at only $13.1 million per month. Equally concerning was that 60% of gamers at the temporary facility were locals and not out-of-town tourists, undercutting the economic benefit backers hoped gambling would provide to the tourist industry. Harrah's Jazz halted construction on the permanent facility at 3 AM the day before Thanksgiving, 1995 and laid off 1,600 construction workers and 2,500 casino employees, and filed for bankruptcy. Later, the project was taken over by Harrah's, who completed (albeit scaled-back with only the first floor in use to this day) and opened in late October 1999 Harrah's New Orleans Casino on the site of Hemmeter's project. In July 2020, Eldorado Resorts acquired Caesars Entertainment (the former Harrah's Entertainment), taking over operations of the property. In connection with that acquisition,
Vici Properties Vici Properties Inc. is a real estate investment trust (REIT) specializing in casino properties, based in New York City. It was formed in 2017 as a spin-off from Caesars Entertainment Corporation as part of its bankruptcy reorganization. It own ...
bought the real estate of Harrah's New Orleans for $790 million and leased it back to Eldorado (newly renamed as Caesars Entertainment). In 2020, it was announced that the casino will be renamed Caesars. As of 2022, this change has yet to occur.


See also

*
List of casinos in Louisiana This is a list of casinos in the U.S. state of Louisiana. List of casinos Slot Payback Percentages Slot payback percentages are acquired yearly from American Casino Guide Book. Louisiana state gaming laws require that casino machines mu ...


References


External links

*
The Rivergate (1968–1995)
{{Caesars Entertainment Casinos in Louisiana Hotels in New Orleans Casinos completed in 1999 Hotel buildings completed in 1999 Caesars Entertainment Tourist attractions in New Orleans 1999 establishments in Louisiana