As many of the casinos across Nevada started reopening, Caesars Entertainment released a statement announcing that the group does not plan to reopen its Harrah's property in Reno.
Caesars previously announced in January an agreement to sell the property, which has operated for more than 82 years, to an affiliate of CAI Investments, under which Caesars planned to cease operations at the property and deliver it to the buyer in the second half of 2020.
CAI Investments will be transforming the historic Reno casino into a non-gaming property, ABC reports. The property will be renamed Reno City Center and it will have about 540 market-rate rental apartments.
Last week, Caesars resumed gaming and hospitality operations in Las Vegas at its Caesars Palace, Flamingo Las Vegas, and Harrah's Las Vegas properties.
Caesars Palace marked the reopening of its main lobby doors to the public with a special moment on the Roman Plaza featuring Caesars Entertainment headliner Wayne Newton, Caesar and Cleopatra of the resort's Royal Court, and CEO Tony Rodio. Newton was the first to welcome guests and introduced Rodio.