'We are excited to introduce Caesars New Orleans to the city,' said Tom Reeg, CEO of Caesars Entertainment. Upon completion in 2024, the casino hotel will be renamed to the Caesars New Orleans. Photo Credit: CaesarsĬaesars Entertainment plans to spend $325 million renovating the 450-room Harrah’s New Orleans property. In addition to design and architectural updates, new culinary and hospitality offerings are expected.