Who Owns Planet Hollywood Casino Las Vegas

You may think you’ve hit the jackpot when you walk into the glitz and glamour of Planet Hollywood Casino in Las Vegas, but the real winner is Caesars Entertainment, the current owner of the iconic casino.

Step into a dazzling world of lights, music, and non-stop action that has been dazzling guests since 2007. With a wide variety of amenities, from the casino floor to upscale restaurants, Planet Hollywood Casino is a Vegas destination unlike any other.

Let’s take a closer look to see how much Caesars is cashing in.

Key Takeaways

  • Caesars Entertainment is the current owner of Planet Hollywood Casino Las Vegas.
  • The casino has had multiple owners since its opening in 2007.
  • Notable celebrity investors including Bruce Willis, Demi Moore, and Arnold Schwarzenegger have owned the casino.
  • Other celebrity investors have included Sylvester Stallone, Shaquille O’Neal, and Barbra Streisand.

Current Owner: Caesars

You may be wondering who owns Planet Hollywood Casino Las Vegas, and the answer is Caesars. But the ownership of the casino hasn’t always been in Caesars’ hands.

In fact, the casino has had multiple owners since its opening in 2007, including several notable investors. Let’s take a look at the historical ownership of Planet Hollywood Casino Las Vegas.

Historical Ownership Investors

Investors have historically owned Planet Hollywood Casino Las Vegas. The resort has had a variety of celebrity investors throughout its entertainment history. These investors have helped make Planet Hollywood Casino Las Vegas a world-renowned destination. They also have contributed to the casino’s success through their extensive networks and promotional efforts. The celebrities, in turn, have reaped the rewards of their investments.

Some notable actors who have invested in Planet Hollywood Casino Las Vegas include Bruce Willis, Demi Moore, and Arnold Schwarzenegger.

In addition, musicians such as Sylvester Stallone, Shaquille O’Neal, and Barbra Streisand have also been investors in the casino.

These celebrity investors have not only brought their star power to the resort but have also leveraged their connections and influence to promote the casino. This has undoubtedly played a significant role in attracting visitors and contributing to the success of Planet Hollywood Casino Las Vegas.

Amenities of Casino

If you’re looking for a Vegas-style casino experience, Planet Hollywood Resort and Casino is the perfect destination.

The casino offers a wide variety of gaming tables, slot machines, and nightlife venues to keep you entertained. From blackjack and poker to slots and craps, you’ll find the perfect game for you.

Plus, with a variety of bars, lounges, and nightclubs, you can party the night away.

Gaming Tables

Planet Hollywood Casino Las Vegas is home to a variety of gaming tables, which offer an exciting gaming experience. From Blackjack to Roulette, there are plenty of options to choose from.

Here are some of the gaming tables available:

  • Freeplay offers: Freeplay tables are available for those looking to practice their gaming skills. Players can try out different gaming rules without risking their bankroll.

  • Roulette: Roulette tables come in both American and European versions. Players can choose to wager on individual numbers, colors, or combinations.

  • Blackjack: Blackjack tables offer an exciting and fun experience. Players can choose to wager on their own hand or the dealer’s hand.

Planet Hollywood Casino Las Vegas is the perfect place to get an exhilarating gaming experience. With so many gaming tables to choose from, there is something for everyone.

Slot Machines

Slot machines are a popular draw at Planet Hollywood Casino Las Vegas, offering an exciting gaming experience for players. With a variety of poker strategies to choose from, you can feel confident that you’ll be able to find something that fits your playing style.

Whether you’re a novice or a seasoned gambler, there’s a slot machine ready for you. And if you can’t make it to the casino, you can always try your luck online. Planet Hollywood Casino Las Vegas offers a wide selection of online slots, with exciting bonus features and progressive jackpots.

So no matter where you are, you can take a spin and see if Lady Luck is on your side!

Nightlife Venues

Nightlife venues at Planet Hollywood Casino Las Vegas offer something for everyone. From lively nightclubs to cozy lounges, there is a variety of options to choose from. Whether you’re looking for a night of live music and dancing or a place to sit back and watch cultural events, Planet Hollywood Casino Las Vegas has it all.

For those looking for an energetic night out, you can check out the Krave Nightclub. This nightclub features live music, DJs, and nightly events such as foam parties and costume contests. Another popular spot is the Heart Bar, where you can enjoy drinks and take in the sights of the Strip.

If you prefer a more laid-back atmosphere, there is the Pleasure Pit. This venue features live music and entertainment. You can also check out the Koi Ultra Lounge, which offers a range of cultural events and activities. Last but not least, you can stop by the 24/7 café and bar for some light snacks and drinks.

Overall, Planet Hollywood Casino Las Vegas offers something for everyone. Whether you’re looking for a wild night out or a relaxing evening, you can find it at Planet Hollywood Casino Las Vegas.

Current Profits of Casino

You’re looking to see how profitable Planet Hollywood Casino Las Vegas is? Every year, the casino-resort attracts thousands of tourists with its luxurious hotel accommodations and delicious dining options. It’s no surprise that Planet Hollywood has seen a steady increase in profits since opening in 2007.

According to a recent report, Planet Hollywood Casino Las Vegas has seen a consistent increase in revenue every year. In 2018, the casino’s profits rose by 5% compared to the previous year. In addition, online gaming revenues rose by 10%, with a total of $8.2 million.

Year Revenue
2018 $8.2m
2017 $7.8m
2016 $7.4m
2015 $6.9m
2014 $6.5m

Overall, Planet Hollywood Casino Las Vegas is a highly profitable business. It has a large base of customers who come for the luxurious hotel accommodations, delicious dining options, and exciting gaming opportunities. The casino-resort is owned by Caesars Entertainment, one of the largest casino operators in the world.