Gaming and Leisure Properties
Gaming and Leisure Properties, Inc. is a real estate investment trust (REIT) specializing in casino properties, based in Wyomissing, Pennsylvania. It was formed in November 2013 as a corporate spin-off from Penn National Gaming. The company owns ...
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 ...
Gaming and Leisure Properties
Gaming and Leisure Properties, Inc. is a real estate investment trust (REIT) specializing in casino properties, based in Wyomissing, Pennsylvania. It was formed in November 2013 as a corporate spin-off from Penn National Gaming. The company owns ...
(GLP), while Eldorado Resorts (now Caesars Entertainment) would buy Tropicana's operating business and lease its properties from GLP. The deal provoked anti-competition concerns because it would leave GLP as the owner of all six casinos in the St. Louis area (though without operational control of any of them). The Missouri Gaming Commission rejected the sale because of these concerns, and the deal was modified such that Eldorado would acquire the Lumière Place real estate for $246 million, financed by a loan from GLP. The sale was completed in October 2018.
Two years later, the Commission reversed its decision and authorized GLP to own Lumière Place. GLP took ownership of the property in October 2020 in satisfaction of the loan, and leased it back to Caesars for $23 million per year.
In May 2022, Caesars rebranded Lumière Place as Horseshoe St. Louis.
Facility
The Horseshoe casino floor features approximately 1,450 slots, 55 tables and a 10-table poker room.
The Horseshoe hotel has 294 all-suite guest rooms and the 19-story Four Seasons Hotel St. Louis has 200 rooms, including 14 suites.
The property also features a 453-seat theater for live entertainment. Since its debut in 2008, the theater has played host to The Go-Go's, Joan Rivers,
Brandy
Brandy is a liquor produced by distilling wine. Brandy generally contains 35–60% alcohol by volume (70–120 US proof) and is typically consumed as an after-dinner digestif. Some brandies are aged in wooden casks. Others are coloured with ...
Buddy Valastro
Bartolo "Buddy" Valastro Jr. (born March 3, 1977) is an American baker and reality television personality of Italian heritage. He is the owner of Carlo's Bakery, as well as the face of Buddy V's Ristorante. Valastro is best known as the star of ...
unveiled a cake featuring Lumière Place and other St. Louis landmarks.
The resort was designed by Marnell Corrao Associates, the Las Vegas-based architectural firm that also built the
Bellagio Bellagio may refer to:
* Bellagio, Lombardy, an Italian town
* Bellagio (resort), a luxury resort and casino in Las Vegas
* Bellagio (Hong Kong), a private housing building
* Bellagio declaration, an intellectual copyright resolution
* 79271 Bellag ...
for 508 million. To satisfy state law that only allows for gambling on floating platforms within a 1000 foot distance of the Missouri and Mississippi river, the casino floor is actually an eight-foot-thick concrete raft afloat in a basin holding more than 1.5 million gallons of purified water. The architectural design used advanced construction techniques employing continuous concrete pour to achieve a water tight basin on which a "barge" is floated. Visitors to the facility have no indication that the casino floor is technically floating.