Could Giada De Laurentiis Open a Second Restaurant in Las Vegas?

Rumors are flying that pint-sized Food Network star Giada De Laurentiis is looking for her second restaurant in Las Vegas and could take over Central Michel Richard at Caesars Palace. De Laurentiis, who already has her three-meal eponymous restaurant Giada at The Cromwell, reportedly "taken a serious look by invitation of Caesars executives at chef Michel Richard’s Central 24/7 there that’s been going through Chapter 11 bankruptcy," the Las Vegas Sun reports.

Central filed for Chapter 11 bankruptcy protection in July and reorganized in October. In July Richard estimated the number of creditors between "50-99" and the liabilities reaching more than $1 million, but the company assets are only estimated to be valued between "$500,001 to $1 million."

The 10,000-square-foot restaurant in the lobby of Caesars Palace debuted as a 24-hour dining spot in 2011 with an estimated construction cost of $4.5 million.

De Laurentiis plans to expand the main dining room of her restaurant at The Cromwell and add a second private dining area with a patio overlooking the Strip "to capitalize on the venue’s popularity.

The wildly popular Giada started serving lunch in July and breakfast in September. She hinted that brunch should be on the agenda as well.

Developing.