bally’s las vegas history Bally’s Renovation Plans

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bally’s las vegas history

Location Corner of South Las Vegas Blvd and Flamingo Road
Original Site Of MGM Grand Hotel and Casino (1973)
Rebranding Date 8 Apr 2023
New Brand Name Horseshoe Las Vegas
Reason For Rebranding 10th Horseshoe-branded property in the country
Previous Brand Start Bally’s
Previous Brand End 1989
New Home Location Las Vegas
New Focus Casinos
Fire Event Date November 21, 1980
Fire Event Details Casino restaurant fire that killed 85 guests
Acquisition By Bally Manufacturing
Current Owner Twin River Worldwide Holdings
Current Name Bally’s Corporation
Acquisition Date 2020
Brand License Holder Caesars
Brand Sale Agreement Perpetual license to use the brand at its Las Vegas Strip property
Brand Name Change From Bally’s to Horseshoe Las Vegas
Property Acquisition Tropicana Las Vegas
Previous MGM Grand Event Largest Hotel and casino in the world at the time of acquisition

MGM Grand’s Historical Significance

Location Historical Significance
Bally’s Hotel and Casino Corner of South Las Vegas Blvd and Flamingo Road
Original site of MGM Grand Hotel and Casino in 1973
Rebranded as Horseshoe Las Vegas 10th Horseshoe-branded property in the country
Started with Binion’s downtown Rebranding to Horseshoe announced in January
Full property renovation to include Horseshoe look with tooled leather, dramatic colors, and gold horseshoe iconography Poker room features a new design

Bally’s Renovation Plans

Location Corner of South Las Vegas Blvd and Flamingo Road
Original Site Of MGM Grand Hotel and Casino (1973)
Rebranding Reason Became the 10th Horseshoe-branded property in the country
New Home In 1989: Moved to a new home in Las Vegas
Focus On Casinos
Fire Event MGM Grand fire on November 21, 1980
Largest Hotel At Time MGM Grand was the largest Hotel and casino in the world
Acquisition By Bally Manufacturing was a major coup
Redevelopment Plans Multimillion-dollar redevelopment plans
  • Tropicana property
  • Potential site for new stadium: Tropicana property
  • Agreement reached: Oakland A’s reached an agreement with Bally’s and GLPI
  • Demolition of Tropicana: Demolish the Tropicana for redevelopment
  • Stadium location: Nine acres
  • New casino resort name: Bally’s Las Vegas
  • New casino resort features: 1,500 rooms
  • Previous rebranding plan: Rebrand the Tropicana as a Bally’s property
  • Stadium cost: $1.5 billion
  • Public finance package: Up to $380 million approved
  • MLB approval: Oakland A’s relocation to Las Vegas approved
  • Stadium construction start: April 2025
  • Stadium completion: January 2028
  • Bally’s debt status: More than $3 billion in long-term debt as of April 2024
  • Focus on gaming projects: Focusing on other gaming projects
  • New resort construction: Construction of the new resort could begin during the stadium’s construction or at a later point
  • Partnership with another operator: May partner with another resort operator to begin the project sooner

Bally’s Rebranding to Horseshoe

Location Corner of South Las Vegas Blvd and Flamingo Road
Original Site Of MGM Grand Hotel and Casino (1973)
Rebrand Date 8 Apr 2023
New Brand Name Horseshoe Las Vegas
Brand Lineage Starting From Binion’s
Bally’s History Moved to a new home in Las Vegas in 1989
Focus On Casinos Cemented with a focus on casinos
MGM Grand Event Fire on November 21, 1980
MGM Grand Acquisition By Bally Manufacturing
MGM Grand At Time Of Acquisition Largest Hotel and casino in the world
Las Vegas Strip History The MGM Grand was a major coup in the history of the Las Vegas Strip
Rebrand To Bally’s Date Set to officially launch on Dec. 15, 2022
Current Status Of Signage Exterior marquee still under construction and signage unchanged outside the Horseshoe Las Vegas

Why Was Bally’s Rebranded as a Horseshoe?:

The Horseshoe Las Vegas is the 10th Horseshoe-branded property in the country. And of course, that lineage started downtown with Binion’s.