Chef Giada De Laurentiis to Open Very First Restaurant at Gansevoort Las Vegas, Set to Open Early 2014

LAS VEGAS, Aug. 21, 2013 /PRNewswire/ -- Chef, author and television personality Giada De Laurentiis plans to open her very first restaurant in early 2014 at the upcoming and all-new luxury lifestyle resort Gansevoort Las Vegas. This innovative concept is expected to open in early 2014 in conjunction with the hotel and casino.

(Photo: http://photos.prnewswire.com/prnh/20130821/LA67592)

Located in the heart of the dynamic city of Las Vegas, De Laurentiis' outlet will become the cornerstone of the hip and luxurious destination, located on the second level above the casino floor. This outlet will boast al fresco dining and breathtaking views of the Las Vegas Strip and the Bellagio fountains.

"Ever since I was a little girl hanging out at my grandfather's restaurant, I've dreamed of having a restaurant of my own," says De Laurentiis. "I've held back on past opportunities because I really wanted to be ready for the responsibility and challenges that come with a restaurant. Now, I couldn't be more excited about working with Gansevoort Las Vegas and Caesars Entertainment to turn this dream into a delicious reality. The location, the al fresco dining and the views were just too good to pass up!"

De Laurentiis' cuisine will embrace her birthplace of Rome, mirroring her passion for Italian cooking with lighter, Californian influences. Guests can enjoy her signature dishes made famous through her many cookbooks and "Food Network" television shows, along with uniquely crafted family recipes that focus on quality ingredients and great flavors.

Guests will be greeted with delicious aromas of bread baking along with a signature antipasto station, a first for Italian eateries on the Strip. The appeal of an open and airy kitchen will set the space apart giving guests the opportunity to watch chefs prepare the specialty pasta of the day, create beautiful flatbreads and bake divine desserts.

"Gansevoort Las Vegas will be a completely unique boutique resort experience and will bring a new level of social excitement to the Las Vegas Strip. Drai's Beach Club and Nightclub, Drai's After Hours, the signature lobby bar, and now Giada's very first restaurant, are certain to set the destination apart," said Tariq Shaukat, chief marketing officer for Caesars Entertainment. "Giada's exuberant warm personality and dynamic style will undoubtedly result in a restaurant that will not only be a perfect match for the experience we are creating, but also will become a destination in itself."

With De Laurentiis' vision in mind, the restaurant will be a completely new build-out, revealing a modern, yet sleek design with clean lines and pops of color.  Los Angeles-based Studio Collective, whose prestigious portfolio includes several well-known hospitality venues including Thompson Hotel in Beverly Hills and Hyde Lounge at the Staples Center, will lead the overall design. The restaurant space will extend over the pedestrian walkway below, featuring large glass windows with daytime and nighttime views of the Strip. The overall design will bring forth a comfortable, warm and welcoming charm with natural light and unique energy. Posh living room-style furniture will provide a cozy space for guests to relax, while views of the open kitchen from the bar will create an air of excitement. Private dining room space will also be available for larger parties or group functions.

"Giada is a gem," said Caesars Entertainment Regional Vice President of Food and Beverage Jeffrey Frederick. "She's the first female celebrity chef to join the Caesars Entertainment family in Las Vegas and will fit right in with our lineup of many renowned chefs including Bobby Flay, Gordon Ramsay, Nobu Matsuhisa and Guy Savoy. Finally fans will experience firsthand Giada's style and sophistication via her restaurant's ambiance and cuisine."

The new restaurant will be open daily for lunch and dinner and will accommodate nearly 300 guests.

About Giada De Laurentiis
Emmy Award-winning, globally renowned celebrity chef, television personality and New York Times best-selling author, Giada De Laurentiis brings her extensive culinary background to her new restaurant. De Laurentiis cultivated her staple Italian cuisine in the kitchen of her grandfather's restaurant and later commenced her culinary career at the prestigious Le Cordon Bleu in Paris.  Since her debut in 2002, De Laurentiis has become one of the Food Network's most recognizable faces, starring in many TV shows, "Everyday Italian," "Giada's Weekend Getaways," "Giada in Paradise: Capri, Santorini, Monaco and Thailand," "Giada At Home" and the highly popular series, "Food Network Star."  She is also a correspondent on NBC's Today, where she highlights current trends in travel, cuisine and lifestyle. De Laurentiis is the author of six cookbooks, all of which have charted on the New York Times best-seller list, along with three upcoming new releases this Fall: Giada De Laurentiis's Recipe for Adventure: Naples! and Paris! (September 2013), the first two books in a new children's chapter book series that transports readers to famous food cities around the world; and Giada's Feel Good Food (November 2013), a collection of Giada's secrets for staying fit and her healthy recipes. Her culinary empire continues to expand with the opening of her first restaurant, at Gansevoort Las Vegas, anticipated to open in early 2014. De Laurentiis currently resides in Los Angeles with her husband Todd and daughter, Jade.

About Gansevoort Las Vegas
Caesars Entertainment Corporation has partnered with New York-based luxury hotel brand Gansevoort Hotel Group and nightlife impresario Victor Drai to create a unique Center Strip boutique resort experience in early 2014. Gansevoort Las Vegas will feature 188 guest rooms and suites, a 40,000 square-foot casino, a restaurant by celebrity chef and Food Network host Giada De Laurentiis, and a signature lobby bar. Victor Drai will invigorate the nightlife scene with Drai's Beach Club and Nightclub, a 65,000 square-foot indoor/outdoor nightclub and rooftop pool experience. The luxury lifestyle resort will include a $185 million renovation of the former Bill's Gamblin' Hall & Saloon and will completely reimagine the hotel experience in Las Vegas, creating the only freestanding boutique hotel among the Strip's towering skyscrapers. 

Forward-Looking Statements
This release includes "forward-looking statements" intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. You can identify these statements by the fact that they do not relate strictly to historical or current facts. These statements contain words such as "may," "will," "project," "might," "expect," "believe," "anticipate," "intend," "could," "would," "estimate," "continue," "pursue," or the negative or other variations thereof or comparable terminology. In particular, they include statements relating to, among other things, the planned opening of the new Giada De Laurentiis restaurant and Gansevoort Las Vegas and future actions, new projects and strategies. These forward-looking statements are based on current expectations and projections about future events.

Investors are cautioned that forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties that cannot be predicted or quantified, and, consequently, the actual performance of Caesars may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, the following factors, as well as other factors described from time to time in the Company's reports filed with the Securities and Exchange Commission (including the sections entitled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" contained therein):

• the impact of the Company's significant indebtedness;
• the effects of local and national economic, credit, and capital market conditions on the economy, in general, and on the gaming industry, in particular;
• the ability to realize the expense reductions from cost savings programs;
• access to available and reasonable financing on a timely basis;
• the ability of the Company's customer-tracking, customer loyalty, and yield-management programs to continue to increase customer loyalty and same-store or hotel sales;
• changes in laws, including increased tax rates, smoking bans, regulations or accounting standards, third-party relations and approvals, and decisions, disciplines, and fines of courts, regulators, and governmental bodies;
• the ability to recoup costs of capital investments through higher revenues;
• abnormal gaming holds ("gaming hold" is the amount of money that is retained by the casino from wagers by customers);
• the ability to timely and cost-effectively integrate companies that the Company acquires into its operations;
• the effects of competition, including locations of competitors and operating and market competition;
• the potential difficulties in employee retention and recruitment as a result of the Company's substantial indebtedness or any other factor;
• construction factors, including delays, increased costs of labor and materials, availability of labor and materials, zoning issues, environmental restrictions, soil and water conditions, weather and other hazards, site access matters, and building permit issues;
• litigation outcomes and judicial and governmental body actions, including gaming legislative action, referenda, regulatory disciplinary actions, and fines and taxation;
• the effects of environmental and structural building conditions relating to the Company's properties;
• access to insurance on reasonable terms for the Company's assets;
• acts of war or terrorist incidents, severe weather conditions, uprisings, or natural disasters; and
• the impact, if any, of unfunded pension benefits under multi-employer pension plans.

Any forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995 and, as such, speak only as of the date made. Caesars disclaims any obligation to update the forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date stated or, if no date is stated, as of the date of this press release.

SOURCE Caesars Entertainment Las Vegas

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