The property that birthed VICI · Caesars Entertainment operates · VICI owns
Caesars Palace, opened 1966 by Jay Sarno, is the original Roman-themed property and the namesake of [[operator:caesars-entertainment|Caesars Entertainment]]. It is also the property whose bankruptcy reorganization (2015–2017) spun out [[operator:vici-properties|VICI Properties]] — without Caesars Palace's distress, the entire Strip REIT structure as we know it might not exist. See [[article:vici-properties-landlord]].