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Bally's Lake Tahoe

Coordinates:38°57′41″N119°56′19″W / 38.961469°N 119.938742°W /38.961469; -119.938742
From Wikipedia, the free encyclopedia
Hotel and casino located in Stateline, Nevada

Bally's Lake Tahoe
The property in 2008, known then as MontBleu
Map
Interactive map of Bally's Lake Tahoe
LocationStateline,Nevada, U.S.
Address55U.S. Route 50
Opening date1978; 48 years ago (1978)
No. of rooms438
Total gaming space48,456 sq ft (4,501.7 m2)
Permanent showsBally's Showroom
Convention Center
Signature attractionsOpal Nightclub
Blu Nightclub
Onsen Spa
Puzzle Room
Tahoe Axe & Darts
Notable restaurantsCafé Del Soul
HQ Center Bar
Ciera Steak + Chophouse
Parlays Coffee & Quick Bites
OwnerEdgewood Companies
Operating license holderBally's Corporation
ArchitectDaniel, Mann, Johnson & Mendenhall (1978), Worth Group (renovations)
Previous namesPark Tahoe (1978–1979)
Caesars Tahoe Palace (1979)
Caesars Tahoe (1979–2006)
MontBleu (2006-2021)
Renovated in1979, 2006, 2015
Coordinates38°57′41″N119°56′19″W / 38.961469°N 119.938742°W /38.961469; -119.938742
Websitecasinos.ballys.com/lake-tahoe

Bally's Lake Tahoe (formerlyPark Tahoe,Caesars Tahoe, andMontBleu Resort Casino) is acasino hotel inStateline, Nevada. It is owned by Edgewood Companies and operated byBally's Corporation. The property includes a 48,456 sq ft (4,501.7 m2) casino and a 438-room hotel on a 21-acre (8.5 ha) site.[1] It is the home to the Ciera Steak + Chophouse. The entire property underwent a $25-million remodel in 2015, with all guest rooms, the casino, 1,200-seat showroom, and exterior being upgraded.

History

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Park Tahoe (1978–1979)

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The casino first opened in 1978 as the Park Tahoe, built by Park Cattle Co. The building was designed by Daniel, Mann, Johnson & Mendenhall and constructed byDel E. Webb Corporation.[2]Caesars World took over the next year under a 25-year lease, with options to extend it another 50 years.

Caesars Tahoe (1979–2006)

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Caesars Tahoe logo (1979–2006)

Caesars agreed to spend $40 million to complete construction of the hotel portion of the property,[3] which was renamed as Caesars Tahoe Palace[4] and later simply Caesars Tahoe. In line with the Caesars name, the property was remodeled with aRoman theme.

Caesars Tahoe was known for its top entertainment offerings, and over the years played host to many famous artists, includingDean Martin,Cher,Mac Davis,Jimmy Buffett,Glen Campbell, andTony Bennett. In its later years, the Caesars showroom included appearances by comedians includingGeorge Carlin,Johnny Carson,Jerry Seinfeld,Gallagher,Rosie O'Donnell, and many other well-known headlining comedians. Celebrities such asMichael Jordan,Randy Quaid,Kenny Rogers and others would play games in the Caesars Tahoe casino[citation needed]. Caesars was also the host hotel and title sponsor of theAmerican Century Championship golf tournament at nearbyEdgewood Golf Course every July, until 2004. After Caesars sold the hotel in 2005, the title sponsorship and host switched to Harrah's/Harveys Casinos. Also, in its earlier years, Caesars Tahoe was home to title fights for championship boxing events.

Caesars Entertainment sold the resort in June 2005 for $45 million toColumbia Sussex, owner of the nearbyHorizon Casino. It was one of a series of sales made by Caesars to avoidantitrust issues with its planned acquisition byHarrah's Entertainment.

MontBleu (2006–2021)

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MontBleu Lake Tahoe logo

Columbia Sussex rebranded the property as MontBleu Resort Casino & Spa in May 2006. After the bankruptcy of Columbia's gaming businesses, MontBleu became part of the reorganizedTropicana Entertainment in March 2010.

MontBleu and the Horizon appeared as the Nomad Hotel, during the Caesars-to-MontBleu transition, in the2007 filmSmokin' Aces.[5]

In 2018, Tropicana Entertainment, including the MontBleu, was acquired by Eldorado Resorts.[6][7]

Bally's Lake Tahoe (2021–present)

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In 2020, Eldorado acquired Caesars Entertainment (the former Harrah's) and changed its own name to Caesars Entertainment. This merger necessitated the sale of one of the companies' properties in Stateline to gain approval from FTC antitrust regulators.[8] To satisfy this requirement, the company sold the operations of the MontBleu toBally's Corporation for $15 million.[9] The property was rebranded as Bally's Lake Tahoe in November 2021.[10][11]

References

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  1. ^"Listing of Financial Statements Square Footage".Nevada Gaming Control Board. RetrievedMarch 16, 2015.
  2. ^"Webb Spinner 1975-1978"(PDF). Archived fromthe original(PDF) on September 16, 2018. RetrievedOctober 23, 2018.
  3. ^"Caesars World board backs buying lease of hotel in Nevada".Wall Street Journal. October 23, 1979.ProQuest 134353780.(subscription required)
  4. ^Young, Terry (December 4, 1979). "Reno – after the money's gone".Oakland Post.ProQuest 371722794.(subscription required)
  5. ^"Director puts Tahoe in spotlight".Tahoe Daily Tribune. January 12, 2007. Archived fromthe original on July 9, 2011.
  6. ^"Parent company sells MontBleu Casino Resort & Spa in Stateline".Tahoe Daily Tribune. April 24, 2018. RetrievedOctober 14, 2018.
  7. ^"Gaming and Leisure Properties, Inc. completes previously announced acquisition of the real estate assets of Tropicana Entertainment" (Press release). Gaming and Leisure Properties. October 1, 2018. RetrievedOctober 14, 2018.
  8. ^Hidalgo, Jason (June 26, 2020)."Eldorado required to sell Tahoe Montbleu resort for FTC approval of Caesars merger".Reno Gazette-Journal. RetrievedJuly 21, 2020.
  9. ^Stutz, Howard (April 7, 2021)."Nevada: Bally's closes on purchase of MontBleu in Lake Tahoe from Caesars".CDC Gaming Reports. RetrievedApril 7, 2021.
  10. ^Peterson, Paula (July 2, 2021)."MontBleu Resort & Spa to undergo name change to Bally's Lake Tahoe".South Tahoe Now. RetrievedNovember 15, 2021.
  11. ^@howardstutz (November 15, 2021)."Bally's Corp. has officially named its Northern Nevada casino - Bally's Lake Tahoe" (Tweet) – viaTwitter.

External links

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