LAS VEGAS (FOX5) -
Bill's Gambling Hall on the Las Vegas Strip is slated to undergo a multi-million dollar renovation intended to turn it into a boutique hotel and casino.
Caesars Entertainment unveiled plans of the conversion on Thursday upon announcing $185 million in financing for the renovations.
Caesars said a new rooftop pool and dayclub/nightclub, along with remodeled guests rooms and casino floor, were in the plans.
According to the gaming and entertainment company, Bill's will close on Feb. 4, 2013 to begin the remodeling. An early 2014 opening is slated under a new name, with the rooftop club scheduled to be opened later in the year.
Caesars said the remodeled property will hire about 1,000 people.
The plans are the latest in a number of projects Caesars has for its properties on Las Vegas Boulevard.
The company said the Imperial Palace Hotel and Casino will be renovated and reopened as The Quad. The Linq entertainment district is set for open next year, featuring the hulking 550-foot "High Roller" observation wheel.
Stay tuned to FOX5 for the latest on this developing story.
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