Caesars Palace, celebrates its 50th anniversary this weekend.
August 03, 2016 8:34 AM
by Phil Hevener
Chief Executive Mark Frissora said Tuesday, “The property has a lot to celebrate with its ebitda performance in the second quarter reaching the highest level in its history.”
To commemorate the occasion, he said, Caesars launched a month-long series of events and promotions “to create excitement at the property” beginning with what was a closing of the Las Vegas Strip to host the July 4 fireworks over Caesars Palace.
The summer of Caesars festivities will culminate this weekend in a “star-studded 50th anniversary gala,” that Frissora will be hosting with Howie Mandel. “We will feature legendary entertainers, including a special appearance by Jennifer Lopez.”
Frissora added, “We continue to experience growth in hospitality revenues, primarily lodging and entertainment in Las Vegas.