December 21, 2014
LAS VEGAS (AP) - Casino company Harrah's Entertainment Inc. is
topping off a 23-story tower at Caesars Palace as part of a $1 billion expansion of its flagship Las Vegas resort.
The 665-room Octavius Tower is the sixth at Caesars on Las Vegas
It's part of an expansion the company hopes will help it compete with planned neighboring new luxury resorts.
Caesars Palace President Gary Selesner said at a topping-off ceremony Tuesday that plans for the expansion haven't changed, despite tough economic conditions.
Selesner says the new tower will let Caesars raise room rates throughout the property, which will now have more than 4,000 rooms.
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