Item 2. Properties
Item 2. Properties
As of December 31, 2021, the following are our properties, including domestic properties that were sold during the year. All amounts are approximations.
Property Location Casino
Space–
Sq. Ft. Slot
Machines Table
Games Hotel
Rooms and
Suites
Las Vegas Segment
Owned-Domestic
Bally’s Las Vegas Las Vegas, NV 68,400 840 60 2,810
The Cromwell Las Vegas, NV 41,600 400 30 190
Flamingo Las Vegas Las Vegas, NV 72,300 800 60 3,450
The LINQ Hotel & Casino Las Vegas, NV 36,300 560 40 2,240
Paris Las Vegas Las Vegas, NV 95,300 870 80 2,920
Planet Hollywood Resort & Casino Las Vegas, NV 64,500 970 80 2,500
Leased
Caesars Palace Las Vegas Las Vegas, NV 124,200 1,400 180 3,970
Harrah’s Las Vegas Las Vegas, NV 88,800 1,070 60 2,540
Rio All-Suite Hotel & Casino Las Vegas, NV 117,300 1,030 50 2,520
Regional Segment
Owned-Domestic
Circus Circus Reno Reno, NV 65,500 500 10 1,570
Eldorado Gaming Scioto Downs Columbus, OH 108,400 2,120 — —
Eldorado Resort Casino Reno Reno, NV 70,000 920 40 810
Grand Victoria Casino Elgin, IL 35,600 850 40 —
Harrah’s Hoosier Park Racing & Casino Anderson, IN 55,300 1,300 30 —
Horseshoe Baltimore (a)
Baltimore, MD 133,300 1,600 210 —
Indiana Grand Shelbyville, IN 80,100 1,480 70 —
Isle of Capri Casino Boonville Boonville, MO 28,000 830 20 140
Isle of Capri Casino Hotel Lake Charles (b)
Westlake, LA 26,200 1,180 50 490
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Property Location Casino
Space–
Sq. Ft. Slot
Machines Table
Games Hotel
Rooms and
Suites
Isle of Capri Casino Lula Lula, MS 57,000 860 20 170
Isle Casino Hotel - Black Hawk Black Hawk, CO 26,900 800 30 400
Isle Casino Racing Pompano Park Pompano Beach, FL 54,800 1,160 40 —
Lady Luck Casino - Black Hawk Black Hawk, CO 14,500 390 10 —
Silver Legacy Resort Casino Reno, NV 90,100 900 60 1,680
Tropicana Evansville (c)
Evansville, IN 46,300 720 20 —
Leased
Belle of Baton Rouge Casino & Hotel (c)
Baton Rouge, LA 28,500 570 — 290
Caesars Atlantic City Atlantic City, NJ 113,400 1,900 130 1,150
Harrah’s Atlantic City Atlantic City, NJ 150,100 1,860 130 2,590
Harrah’s Council Bluffs Council Bluffs, IA 23,100 510 20 250
Harrah’s Gulf Coast Biloxi, MS 31,900 600 30 500
Harrah’s Joliet Joliet, IL 39,000 880 20 200
Harrah’s Lake Tahoe Lake Tahoe, NV 53,600 720 60 510
Harrah’s Laughlin Laughlin, NV 58,200 760 40 1,510
Harrah’s Louisiana Downs (c)
Bossier City, LA 12,000 820 — —
Harrah’s Metropolis Metropolis, IL 23,500 650 20 210
Harrah’s New Orleans New Orleans, LA 103,800 1,260 120 450
Harrah’s North Kansas City N. Kansas City, MO 60,100 960 60 390
Harrah’s Philadelphia Chester, PA 99,500 1,700 70 —
Harveys Lake Tahoe Lake Tahoe, NV 51,100 600 30 740
Horseshoe Bossier City Bossier City, LA 28,300 1,060 60 600
Horseshoe Council Bluffs Council Bluffs, IA 55,100 1,330 60 150
Horseshoe Hammond Hammond, IN 116,500 1,970 120 —
Horseshoe Tunica Tunica, MS 63,000 970 100 510
Isle Casino Bettendorf Bettendorf, IA 36,700 900 20 510
Isle Casino Waterloo Waterloo, IA 39,200 890 20 190
Lumière Place Casino St. Louis, MO 75,000 1,160 30 490
MontBleu Casino Resort & Spa (c)
Stateline, NV 40,500 210 10 440
Trop Casino Greenville Greenville, MS 22,800 470 — —
Tropicana Atlantic City Atlantic City, NJ 121,700 2,020 120 2,360
Tropicana Laughlin Hotel & Casino Laughlin, NV 43,200 660 10 1,490
Managed and Branded Segment
Managed
Harrah’s Ak-Chin Phoenix, AZ 65,200 1,150 50 530
Harrah’s Cherokee Cherokee, NC 211,800 2,870 160 1,830
Harrah’s Cherokee Valley River Murphy, NC 66,000 1,000 60 300
Harrah’s Resort Southern California Funner, CA 72,900 1,490 50 1,090
Caesars Windsor Canada 100,000 1,670 50 760
Caesars Dubai United Arab Emirates — — — 580
Branded
Caesars Southern Indiana (d)
Elizabeth, IN 74,400 1,100 90 500
Harrah’s Northern California Ione, CA 30,100 850 20 —
____________________
(a) On August 26, 2021, the Company increased its ownership interest in Horseshoe Baltimore to 75.8% and began to consolidate the property in our Regional segment following the change in ownership. Management fees prior to the consolidation of Horseshoe Baltimore have been reflected in the Managed and Branded segment.
(b) Isle of Capri Casino Hotel Lake Charles (“Lake Charles”) has been temporarily closed since the end of August 2020 due to damage from Hurricane Laura and will remain closed until the second half of 2022 when construction of a new land-based casino is expected to be complete.
(c) During the year ended December 31, 2021, these properties were sold or expected to sell. See Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations - Overview for additional details.
(d) The sale of Caesars Southern Indiana closed on September 3, 2021 and the Company entered into a license agreement with the EBCI for the continued use of the Caesars brand and the Caesars Rewards loyalty program at Caesars Southern Indiana.
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The properties listed above exclude international properties which have been sold or we have entered into agreements to sell. The sale of Caesars Entertainment UK, including the interest in Emerald Resort & Casino (together, “Caesars UK Group”) closed on July 16, 2021, in which the buyer assumed all liabilities associated with the Caesars UK Group. Additionally, on September 8, 2021, the Company entered into an agreement to sell William Hill International, which is expected to close in the second quarter of 2022.
Other properties of ours include The LINQ Promenade, next to The LINQ Hotel & Casino (the “LINQ”) and the CAESARS FORUM conference center in our Las Vegas segment. The LINQ Promenade is an open-air dining, entertainment, and retail promenade located on the east side of the Las Vegas Strip that features the High Roller, a 550-foot observation wheel, and the Fly LINQ Zipline attraction. The CAESARS FORUM is a 550,000 square feet conference center with 300,000 square feet of flexible meeting space, two of the largest pillarless ballrooms in the world and direct access to the LINQ.
Item 3. Legal Proceedings
For a discussion of our “Legal Proceedings,” refer to Note 11 to our Financial Statements located elsewhere in this Annual Report on Form 10-K.
Item 4. Mine Safety Disclosures
Not applicable.
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PART II