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Harrah's New Orleans is a casino in New Orleans, Louisiana, rwar the foot of Canal Street a block away from the Mississippi River. The casino

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Harrah's New Orleans is a casino in New Orleans, Louisiana, rwar the foot of Canal Street a block away from the Mississippi River. The casino is owned by Vici Properties and operated by Caesars Entertainment. It is a 115,000 square foot casino with approximately 2.100 slot machines, over 90 table games and a poker room There are several places to eat ranging from buffet style to fine dining. Since its opening in 1999 Harrah's has been renting nearby hotel rooms to accommodate its guests, currently, the newly renovated 202 room Wyndham Riverfront Hotel is providing such accommodations. In order to avoid leasing rooms, the casino opened its own 27-story hotel tower with 450 rooms across the street from the casino on September 21, 2006. It is the only land-based private casino with table games in the state by Louisiana law (there are other casinos in the state with their gambling facilities on floating boats and horse racing racinos with slot machines). Management is considering construction to add an additional tower that will add 500 additional rooms. Each guest room will feature designer fumiture, including beds boasting a custom-upholstered headboard, thick carpet, contemporary paint colors, a 55-inch flat-screen TV, and upscale artwork. Each guest room has a stocked minibar, likely offering such standard favorites as gummy bears, candy bars, beer, vodka, water, carbonated soft drinks, chips, and other assorted snacks and beverages Each bathroom has a double-sink floating vanity custom-lighted vanity mirrors, a stone shower with two glass sides, and both a rain shower and a hand-hold showerhead, In-room toiletries boast luxurious soap and shampoo With the construction completed. Harrah's expects the new tower room rate to average around $249 per night. This is a 35% increase over the room rates in the current tower Required: What types of decisions might the management of Harrah's need to make over the next several years? How might managerial accounting Information be useful to the management of Harrah's

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