Caesars Unveils $185M Makeover for Bill’s Gamblin’ Hall

The city of Las Vegas might look back one day and realize that this post-recession timeframe could represent a defining moment in its history. Reinvention, a new focus on business, art and sport and a new take on the megaresorts of the Strip, as they are now, will determine the city’s success for years to come.That is why there is no surprise that another old Vegas venue has closed its gates, and will only reopen them featuring a new name, ambiance and target audience. Caesars Entertainment-owned Bill’s Gamblin’ Hall & Saloon has been closed for over a month now and it is set to reopen only in 2014, after a $185 million renovation process, as the Gansevoort Las Vegas.

The city of Las Vegas might look back one day and identify the period following the Great Recession as a watershed era. Today’s trends—reinventing aging properties, a new focus on business, art and sport, a fresh take on the Strip’s megaresorts—are likely to shape the city’s success for years to come.

The latest vintage venue targeted for a makeover is Bill’s Gamblin’ Hall & Saloon. Caesars Entertainment shuttered the property on Feb. 3 and will re-launch it in 2014 as the Gansevoort Las Vegas after a $185 million renovation, The Las Vegas Sun reported.

In Bill’s place will be a boutique resort co-owned by Caesars; New York City-based Gansevoort Hotel Group; and Victor Drai, a high-end nightclub owner who also owns a location at the site. Gansevoort Las Vegas will offer guests 188 guest rooms, a Parisian apartment-style design by local company Tandem, and 19 suites. Also planned are a 40,000-square-foot casino, a lobby bar, lounge and retail space.

Drai’s current venue will remain in its location after the renovation, joined by the 65,000-square-foot Drai’s Beach Club and Nightclub near the hotel’s new rooftop pool.

Rendering: Caesars Entertainment