Bally's Lake Tahoe
A casino hotel in Lake Tahoe
Last updated August 31, 2026
AI crawler reads
No AI crawler has read this profile since Oct 28, 2026.
Overview
MontBleu was the former identity of the casino hotel now known as Bally's Lake Tahoe in Stateline, Nevada. The property opened in 1978 as Park Tahoe and has operated under several major gaming brands, including Caesars Tahoe, MontBleu Resort Casino & Spa, and Bally's Lake Tahoe. Its location near Lake Tahoe places it within a resort market that combines casino gaming, hotel accommodation, entertainment, dining, and access to outdoor recreation. The original project was developed by Park Cattle Co., with the building designed by Daniel, Mann, Johnson & Mendenhall and constructed by Del E. Webb Corporation. Caesars World assumed control in 1979 under a long-term lease and invested approximately $40 million to complete the hotel component. The property was subsequently renamed Caesars Tahoe Palace, later shortened to Caesars Tahoe, and remodeled around a Roman-themed Caesars identity. During the Caesars era, the resort developed a substantial entertainment profile. Its showroom hosted musical performers such as Dean Martin, Cher, Mac Davis, Jimmy Buffett, Glen Campbell, and Tony Bennett, as well as comedians including George Carlin, Johnny Carson, Jerry Seinfeld, Gallagher, and Rosie O'Donnell. The venue also hosted boxing title fights and was associated with the American Century Championship golf tournament held at the nearby Edgewood Golf Course. Caesars remained the host hotel and title sponsor until the property changed ownership in the mid-2000s. Caesars Entertainment sold the resort in June 2005 to Columbia Sussex for $45 million. Columbia Sussex relaunched the property in May 2006 as MontBleu Resort Casino & Spa, introducing a new name and positioning that emphasized the Lake Tahoe setting, casino operations, hospitality, and spa-oriented resort amenities. Following the bankruptcy of Columbia Sussex's gaming businesses, the property became part of reorganized Tropicana Entertainment in 2010. MontBleu and the neighboring Horizon appeared under the fictional name Nomad Hotel in the 2007 film Smokin' Aces. In 2018, Eldorado Resorts acquired Tropicana Entertainment, bringing MontBleu into Eldorado's portfolio. Eldorado's subsequent acquisition of Caesars Entertainment in 2020 created an antitrust concentration issue in the Stateline market. To satisfy Federal Trade Commission requirements, the operating business associated with MontBleu was sold to Bally's Corporation for $15 million. The property adopted the Bally's Lake Tahoe name in November 2021. Edgewood Companies owns the real estate, while Bally's operates the casino resort. The property occupies a 21-acre site and includes a casino of approximately 48,456 square feet, a 438-room hotel, a 1,200-seat showroom, and dining facilities including Ciera Steak + Chophouse. A reported $25 million renovation completed in 2015 upgraded guest rooms, the casino, showroom, and exterior. Under its current identity, the resort remains a destination casino hotel serving visitors to the Lake Tahoe region rather than a standalone consumer-goods brand.
History
The property now called Bally's Lake Tahoe opened in 1978 in Stateline, Nevada, as Park Tahoe. It was developed by Park Cattle Co.; Daniel, Mann, Johnson & Mendenhall designed the building, and Del E. Webb Corporation handled construction. In 1979, Caesars World assumed control through a 25-year lease with additional extension options. Caesars committed approximately $40 million to finish the hotel portion, and the property became Caesars Tahoe Palace before adopting the shorter Caesars Tahoe name. Under Caesars, the resort was remodeled around a Roman theme and became known for entertainment as well as casino gaming. Its showroom hosted a broad range of musicians, including Dean Martin, Cher, Mac Davis, Jimmy Buffett, Glen Campbell, and Tony Bennett. Later programming included prominent comedians such as George Carlin, Johnny Carson, Jerry Seinfeld, Gallagher, and Rosie O'Donnell. The property also hosted championship boxing events and served as the host hotel and title sponsor of the American Century Championship golf tournament at nearby Edgewood Golf Course until 2004. Caesars Entertainment sold the resort in June 2005 to Columbia Sussex for $45 million. Columbia Sussex introduced the MontBleu Resort Casino & Spa identity in May 2006. During the transition from Caesars to MontBleu, the resort and the neighboring Horizon appeared as the fictional Nomad Hotel in the 2007 film Smokin' Aces. After Columbia Sussex's gaming businesses entered bankruptcy, MontBleu became part of reorganized Tropicana Entertainment in March 2010. A major renovation reported at approximately $25 million was completed in 2015. The work covered the guest rooms, casino, 1,200-seat showroom, and exterior of the property. In 2018, Eldorado Resorts acquired Tropicana Entertainment and added MontBleu to its portfolio. Eldorado later acquired Caesars Entertainment in 2020 and adopted the Caesars Entertainment name. Because the combined company controlled multiple properties in the Stateline market, the transaction required a divestiture to address Federal Trade Commission antitrust concerns. Bally's Corporation acquired the operating business associated with MontBleu for $15 million, and the resort was renamed Bally's Lake Tahoe in November 2021. Edgewood Companies owns the property, while Bally's Corporation operates it. The resort currently includes approximately 48,456 square feet of casino space, 438 hotel rooms, dining facilities, entertainment space, and a 21-acre Lake Tahoe-area site.
- 2021
Bally's Lake Tahoe launches
[1]Bally's Corporation takes over operations and the property is rebranded as Bally's Lake Tahoe in November.
- 2018
Eldorado Resorts acquisition
[1]Eldorado Resorts acquires Tropicana Entertainment, including MontBleu.
- 2015
Major property renovation
[1]A reported $25 million remodel upgrades the rooms, casino, showroom, and exterior.
- 2010
Transition to Tropicana Entertainment
[1]MontBleu becomes part of reorganized Tropicana Entertainment following the bankruptcy of Columbia Sussex's gaming businesses.
- 2006
MontBleu identity introduced
[1]The property is renamed MontBleu Resort Casino & Spa.
- 2005
Sale to Columbia Sussex
[1]Caesars sells the resort to Columbia Sussex for $45 million.
- 1979
Caesars World assumes control
[1]Caesars World takes control under a long-term lease and funds completion of the hotel component.
- 1978
Park Tahoe opens
[1]The casino hotel opens in Stateline, Nevada, as Park Tahoe.
Products and positioning
A destination casino resort combining gaming, lodging, dining, entertainment, and access to Lake Tahoe tourism.
Gaming · 1978
Casino
The resort's casino occupies approximately 48,456 square feet and is the central gaming component of the property. It operates within a destination hotel environment, supported by restaurants, entertainment, and Lake Tahoe tourism. The casino was upgraded during the property's 2015 renovation and has continued under the Bally's Lake Tahoe operating identity.
Accommodation · 1979
Hotel
The property includes a 438-room hotel serving visitors to the Stateline and Lake Tahoe region. Hotel operations have been a core part of the resort since Caesars World completed the hotel component in the early ownership period. Guest rooms were included in the reported 2015 remodel.
Dining
Ciera Steak + Chophouse
Ciera Steak + Chophouse is the property's named steakhouse and one of its principal dining offerings. It supports the resort's full-service destination positioning by adding a premium restaurant experience alongside casino gaming, hotel accommodation, and entertainment.
Entertainment
Showroom
The resort has a 1,200-seat showroom used for live entertainment. During the Caesars era it hosted major music performers and comedians, helping establish the property as an entertainment venue as well as a casino hotel.
Brand decisions
2021
Divestiture and transition to Bally's Lake TahoeM&ABackground
Eldorado Resorts' acquisition of Caesars Entertainment created overlapping control in the Stateline market and required a property divestiture to address Federal Trade Commission antitrust concerns.
Action taken
Bally's Corporation acquired the operating business associated with MontBleu for $15 million and changed the property's name to Bally's Lake Tahoe in November 2021.
Aftermath
The property continued operating as a casino hotel under Bally's management, while Edgewood Companies retained ownership of the real estate.
Operating business sale price. $15 million (2021)
2015
Comprehensive property remodelOtherBackground
The resort invested in a broad physical upgrade while operating under the MontBleu identity.
Action taken
Guest rooms, the casino, the showroom, and the exterior were renovated in a project reported at approximately $25 million.
Aftermath
The remodel refreshed the resort's principal guest-facing facilities and supported its continued positioning as a full-service casino hotel.
Remodel investment. $25 million (2015)
2006
Rebrand as MontBleu Resort Casino & SpaStrategyBackground
After acquiring the former Caesars Tahoe property, Columbia Sussex replaced the Caesars identity with a new resort brand.
Action taken
The property was renamed MontBleu Resort Casino & Spa in May 2006.
Aftermath
MontBleu remained the property's operating identity until the 2021 transition to Bally's Lake Tahoe.
Recent events
- 2021
Bally's Lake Tahoe replaces MontBleu branding[1]
M&A · Product generation
Following the sale of the operating business to Bally's Corporation, MontBleu was rebranded as Bally's Lake Tahoe in November 2021.
- 2018
Eldorado Resorts acquires Tropicana Entertainment[1]
M&A
Eldorado Resorts acquired Tropicana Entertainment, including the MontBleu property.
- 2010
MontBleu joins Tropicana Entertainment[1]
Bankruptcy · M&A
After the bankruptcy of Columbia Sussex's gaming businesses, MontBleu became part of the reorganized Tropicana Entertainment.
- 2006
MontBleu launches under Columbia Sussex[1]
Other
Columbia Sussex changed the former Caesars Tahoe property's name to MontBleu Resort Casino & Spa.
- 2005
Caesars sells Tahoe resort to Columbia Sussex[1]
M&A · Other
Caesars Entertainment sold the Stateline resort to Columbia Sussex for $45 million as part of portfolio restructuring connected with the planned Caesars–Harrah's transaction.
Sources3 sources
Cite this profile: Cite the canonical profile. /brand-wiki/ballys-lake-tahoe · Editorial policy · How profiles are compiled