Paul V. Pusateri was named President of Paris-Las Vegas and Bally`s Las Vegas by Park Place Entertainment Corporation (NYSE: PPE), the parent company of both casino resorts. Pusateri will oversee the casino and hotel operations for both properties. He reports to Mark Dodson, Executive Vice President of Park Place Entertainment.
“We are highly confident in Paul`s ability to open Paris on time and bring both of these properties to their maximum potential,” said Arthur Goldberg, President and CEO of Park Place Entertainment.
Pusateri previously served as Executive Vice President of both properties and had similar responsibilities. Before joining Park Place Entertainment in 1997, he held a number of positions with Four Seasons Hotels and Resorts. He served for 13 years as General Manager for several of the company`s most successful properties, including Four Seasons Beverly Hills and Four Seasons San Francisco.
Scheduled to open this fall at the four corners of the Las V egas Strip, Paris-Las Vegas Casino Resort will contain 2,916 guest rooms, an 85,000 sq. ft. casino, eight restaurants, five lounges, more than 140,000 sq. ft. of meeting and convention space and 31,500 sq. ft. of retail space. Its signature feature is a 50-story replica of the famed Eiffel Tower with an observation deck and world-class restaurant.
Adjacent and connected to Paris-Las Vegas is Bally`s, a 2,800 room casino resort with 67,000 sq. ft. of casino space, 9 restaurants and the Jubilee Theater.
Together, the two properties will have more than 5,700 guest rooms, 152,000 sq. ft. of gaming space, 17 restaurants, two major showrooms, retail shops, health spas and more than 320,000 sq. ft. of convention and meeting space, including the largest ballroom in Las Vegas at 85,000 sq. ft.
Park Place is the world`s largest gaming company, as measured by casino square footage and revenues, and is the only casino gaming company with a leading presence in Nevada, New Jersey and Mississippi- the three larg est gaming markets in the United States. In 1999, the company will own or have an interest in 17 gaming properties located throughout the United States and in Australia and Uruguay, with a total of 1.4 million square feet of gaming space and approximately 23,000 hotel rooms.