11/05/2012 08:57 am ET Updated Jan 05, 2013

De Niro's Las Vegas Plans Include New Hotel

This isn't so much a story about Robert De Niro, the Academy Award-winning actor.

It's about Robert De Niro, the hotelier.

De Niro is a shareholder in Nobu Hospitality, the restaurant and entertainment company of chef Nobu Matsuhisa, which is developing its first-ever Nobu Hotel at Caesars Palace.

The actor persuaded Nobu to build his first restaurant in the Tribeca area of New York City. Today, Nobu operates more than two dozen restaurants around the world, including Nobu at the Hard Rock Hotel in Las Vegas.

De Niro said it made sense the company branched out into the hotel world.

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