Sarno hosted a lavish inauguration ceremony, which cost him $1 million, on August 5, 1966.Ĭaesars Palace poker is relocated at the heart of the gaming floor between The Colosseum and the Race & Sports Book. The property contains many statues and columns, including a 20-foot statue of Augustus Caesar near the hotel’s entrance. The duo wanted guests to feel what it was like to be ultra-rich during the times of the Roman Empire. Jay Sarno and Stanley Mallin founded Caesars Palace in 1966. Caesars Palace is one of Vegas’ largest and best-known landmarks. Caesars Palace is an iconic luxury and casino located on the west side of the famous Las Vegas Strip, sandwiched between Bellagio and The Mirage.
