The Las Vegas City Council unanimously approved the monorail agreement for the project, paving way for the underground transportation system featuring a fleet of Teslas to include five initial downtown stops.
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The towering north Strip hotel-casino will feature a pillarless ballroom spanning more than 105,000 square feet, one of the largest in Las Vegas.
Las Vegas visitation numbers tell the same story with hotel occupancy rates staying average, but resort operators managing to keep average daily room rates at their highest level in the pandemic era.
Within walking distance of 20,000 Caesars Entertainment hotel rooms, the new Caesars Forum, capable of accommodating 10,000 people, will open its doors in March.