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Imperial Palace Hotel and Casino

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This article is about the Imperial Palace Hotel and Casino in Las Vegas, Nevada, for other uses see Imperial Palace.

Imperial Palace is a 2,700 room hotel and a 75,000 square foot (7,000 m²) casino located on the Las Vegas Strip in Las Vegas, Nevada. The hotel and casino were owned by Imperial Palace LLC until purchased by the current owner, Harrah's Entertainment.

History

From 1959 to 1979 the property was called the Flamingo Capri. In 1979, it was renamed to the Asian-themed Imperial Palace by new owner Ralph Engelstad. When Ralph died in 2002, the casino ownership transferred to the Ralph Engelstad and Betty Engelstad Trust. The casino operated as its own limited partnership, Imperial Palace LLC, under the Trust's oversight.

Underwent a major renovation in 1988 which added an 18-story tower.

On August 22, 2005, Harrah's announced plans to purchase this property.
On December 23, 2005, Harrah's announced it had completed the acquisition.

During a conference call with investors on November 20, 2005, the Chairman for Harrah's, Gary Loveman, did not surprise industry analysts when he said that both the Imperial Palace and neighboring O'Shea's "are going to require very substantial modifications or complete tear-downs and rebuilds" in order to make room for a Harrah's and/or Flamingo expansion on the Strip. [link]

The casino is particularly notorious for its outdated ethos and decors.

Film history

Attractions

 


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