The property was sold two months earlier by Caesars Entertainment and VICI Properties for $50 million to Las Vegas-based CAI Investments, a real estate development and management company.ĬAI announced at the time it would convert the aging 980-room hotel-casino into Reno City Center, a mixed-use development with 530 one- and two-bedroom residential units. Harrah’s Reno shut its doors in March 2020 when the pandemic forced a 78-day shutdown of Nevada gaming industry. The closure of Harrah’s after nearly 84 years in the Northern Nevada city also signifies the rebirth of downtown Reno as the city seeks to broaden its economy.
The outline of the Harrah’s name was barely visible atop one of the Nevada gaming industry’s historic landmarks on an early October morning, the actual signage long since removed.Ī few days later, all traces of the Northern Nevada gaming mainstay were gone, the sign’s outline whitewashed by a fresh coat of paint.
