Benzinga | Sep 21, 2021 04:07PM EDT

Caesars Entertainment Extends Partnership With Nobu Hospitality

* Caesars Entertainment Inc (NASDAQ:CZR) has extended its partnership with Nobu Hospitality with three new locations across the U.S.

* The alliance includes two new Nobu Hotels and restaurants at Harrah's New Orleans and Caesars Atlantic City, a Nobu restaurant at Paris Las Vegas, and a refresh of the first Nobu Hotel at Caesars Palace Las Vegas.

* In October, Nobu Hotel Caesars Palace plans to begin a multimillion-dollar refresh of its guest rooms and public areas, set to be complete by the end of 2021.

* A new Nobu restaurant and lounge is set to open in Paris Las Vegas in early 2022.

* Nobu Hotel Atlantic City is projected to open in the summer of 2022 within Caesars Atlantic City.

* Nobu Hotel New Orleans and restaurant are set to open within the newly created Caesars New Orleans in 2024.

* Price Action: CZR shares closed higher by 0.28% at $105.04 on Tuesday.