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Harrahs Entertainment, Inc.
Type	Private
Founded	Reno, Nevada (1937)
Headquarters	Las Vegas, Nevada
Key people	Mathew V. Ciociola, CEO Charles L. Atwood, CFO
Industry	Entertainment & Hospitality
Products	Casino Games Resorts
Revenue	▲ $7.11 billion USD (2005)
Owner	Hamlet Holdings
Employees	85,000 (2005)
Slogan	Oh Yeah!
Website	www.harrahs.com

Harrah's Entertainment, Inc. is a private gaming corporation that owns and operates casinos, hotels, and six golf courses under several brands. The company, based in Las Vegas, Nevada, is the largest gaming company in the world, with yearly revenues around $7.11 billion. Harrah’s is owned by Hamlet Holdings^[1] (Apollo Management and Texas Pacific Group). Image File history File links Emblem-important. ... Image File history File links Harrahs_logo. ... Reno redirects here. ... For further information, see Las Vegas metropolitan area and Las Vegas Strip. ... Chief Executive Officer (CEO) is the job of having the ultimate executive responsibility or authority within an organization or corporation. ... CFO is usually short for Chief Financial Officer, but may also mean: Carrier frequency offset Ceramic fiber optics Chief Fire Officer Chief of Flight Operations Conselho Federal de Odontologia (cfo. ... A stilt-walker entertaining shoppers at a shopping centre in Swindon, England Entertainment is an activity designed to give pleasure or relaxation to an audience (although in the case of a computer game the audience may be only one person). ... For the Venetian Snares album, see Hospitality (album). ... Games available in most casinos are commonly called casino games. ... Resorts combine a hotel and a variety of recreations, such as swimming pools. ... For the tax agency in Ireland of the same name, see Revenue Commissioners. ... The United States dollar is the official currency of the United States. ... This article is about work. ... Look up slogan in Wiktionary, the free dictionary. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos or other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... Gamble redirects here. ... For other uses, see Corporation (disambiguation). ... This article or section does not adequately cite its references or sources. ... For other uses, see Brand (disambiguation). ... For further information, see Las Vegas metropolitan area and Las Vegas Strip. ... This article is about the U.S. State of Nevada. ... This article does not cite any references or sources. ... The Texas Pacific Group (commonly referred as TPG) is a private equity investment firm founded by David Bonderman, James Coulter and William Price in 1993. ...

History

William F. Harrah era (1937-1978)

The company known as Harrah's Entertainment was founded on October 30, 1937 as a small bingo parlor in Reno, Nevada operated by William F. Harrah.^[2][3] The company went public in 1971 with 450,000 shares. Following that, it was listed on the American Stock Exchange in 1972 and in 1973 Harrah's becomes the first casino company listed on the New York Stock Exchange. is the 303rd day of the year (304th in leap years) in the Gregorian calendar. ... Year 1937 (MCMXXXVII) was a common year starting on Friday (link will display the full calendar) of the Gregorian calendar. ... It has been suggested that this article or section be merged with Housie. ... Reno redirects here. ... This article is about the U.S. State of Nevada. ... Willam F. Harrah William Fisk Harrah (September 2, 1911 — June 30, 1978) was an American businessman and the founder of Harrahs Hotel and Casinos. ... The American Stock Exchange (AMEX) is an American stock exchange situated in New York. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ...

Company founder William F. Harrah died in 1978. Willam F. Harrah William Fisk Harrah (September 2, 1911 — June 30, 1978) was an American businessman and the founder of Harrahs Hotel and Casinos. ...

Post William F. Harrah era

This section may require cleanup to meet Wikipedia's quality standards. Please improve this article if you can (January 2008).

• 1980 - In February, Holiday Inns, Inc. acquires Harrah's Las Vegas. Holiday Inn at the time had 1,600 hotels and interests in two casinos, a casino under construction in the marina district in Atlantic City, New Jersey, and a 40 percent ownership interest in River Boat Casino, Inc., a casino adjacent to the Holiday Inn hotel on the Las Vegas Strip.^[4][3] In November, Harrah's Marina opens.^[3]

• July 1987 - Bill's Casino opens.^[3]

• August 1988 - Harrah's Laughlin opens.^[3]
• January 1990 - Bass PLC acquires the Holiday Inn hotel business and The Promus Companies is created to retain the remaining assets and brands.^[3] Promus being trading a month later (NYSE:PRI).

• 1991 - Company headquarters moved from Reno to Memphis, Tennessee^[4]

• April 1992 - Holiday Las Vegas converted to Harrah's.^[3]

• 1993 - May: Harrah's Joliet opens;^[3]* November: Harrah's Vicksburg and Harrah's Tunica open.^[3]

• April 1994 Harrah's Shreveport, opens.^[3]

• June 1995 - The company is renamed to Harrah's Entertainment, Inc. following the split off of the Promus hotel brands (Embassy Suites, Hampton Inn, and Homewood Suites).^[3]

• 1997 - March Harrah's St. Louis-Riverport opens; May sees the consolidate of two Mississippi properties into the new Tunica Mardi Gras; September: Total Gold is launched; October: Harrah's completes $200 million expansion to Las Vegas; November: Harrah's Cherokee Smoky Mountains opens.^[3]
• 1998 - Harrah's Prairie Band opens in January. In June the company acquires Showboat, Inc. acquiring the Showboat Casino, Atlantic City and renaming one property to Harrah's East Chicago. The company later sold the Showboat Hotel & Casino and the Sydney Showboat.^[3]

• On January 1, 1999 Harrah's closed the purchase of the Rio All Suite Hotel and Casino and Rio Secco Golf course for $888 million.^[5] Later that year, the company moves its headquarters from Memphis, Tennessee to Las Vegas.^[5]

• June 2003 - Sold Harrah's Vicksburg.

• March 2004 - Harrah's purchased Binion's Horseshoe. On March 11, 2004, Harrah's sold Binion's Horseshoe to MTR Gaming Group retaining the rights to the Horsehoe brand and the World Series of Poker. Later in 2004, Harrah's closed on the purchase of Horseshoe Gaming Holding Corporation.

• On June 13, 2005 Harrah's completed the takeover of Caesars Entertainment. While the companies were not required to divest any properties, they did sell several properties before the merger was completed. This merger made Harrah's the largest gambling company^{[citation needed]} with over 4 million square feet (370,000 m²) of casinos, almost 100,000 employees and over 40 casinos.^[3] Later that month, the company announced that they would consolidate all their brand names under the Harrah's, Rio, Caesars, and Horseshoe brands. Some standalone names, like Paris Las Vegas are likely to be retained. First up will be the rebranding of the two remaining Bally's properties in the company, but specifics or a time line of when this will occur were not provided.^{[citation needed]}

• September 2005 - Harrah's Pride of Lake Charles was severely damaged by Hurricane Rita. One riverboat was pushed completely onshore, and the other is at the Port of Lake Charles awaiting repairs. All of the restaurants and support buildings were destroyed. Harrah's estimates that the rebuilding will take 2 years.

• At the end of 2005, the company moved to sell several properties. On November 29, 2005 Harrah's Entertainment announced plans to sell the Flamingo Laughlin to AREP Boardwalk Properties LLC. The $170 million sale closed on May 19, 2006. As a condition of the sale, the property is to be renamed the Aquarius within 6 months. On December 12, 2005, a sale of the Grand Casino Gulfport, for an undisclosed amount, to Gulfside Casino Partnership was announced. Gulfside is the owner of the Copa Casino which is next to the Grand Casino. The announcement also stated that the Grand Casino Biloxi is to be rebuilt from scratch as a Horseshoe casino.

• On April 23, 2006 a scavenger hunt style promotion called "Treasure Hunt" ended when an accident seriously hurt one employee and tourist, and killed one tourist. The accident happened when a robbery suspect fleeing police hit a mini-van carrying the Harrah's employee and tourists.

• On May 26, 2006, in Las Vegas, NV, Harrah's acquired a 19.6 acre site behind, but not adjacent to the Imperial Palace with frontage on Koval Road. The cost for the land was $164.4 million. The site is currently occupied by the Desert Club Apartments.

• On October 2, 2006, The Wall Street Journal announced that private-equity firms were close to buying Harrah's Entertainment in what would rank as one of the largest leveraged buyouts in history. A number of private-equity firms, including Texas Pacific Group and Apollo Management, have been involved in the talks. The offer was for $15.05 billion. The company also announced plans to trade 24 acres on the strip for the Barbary Coast Hotel and Casino. Following approval from the SEC, State Gaming commissions and by shareholders, the stock (NYSE HET) was delisted on January 28, 2008 and the company was taken private by Hamlet Holdings.^[1]

• In December 2006, Harrah's acquired London Clubs International for $568 million.^[6]

Image File history File links Broom_icon. ... This article is about the hotel chain. ... Harrahs Las Vegas is a hotel and casino located on the famed Las Vegas Strip in Las Vegas, Nevada. ... Alternate meanings: See Atlantic City (disambiguation) Atlantic City is a city located in USA. As of the 2000 census, the city had a total population of 40,517. ... This article is about the U.S. state. ... The south end of The Strip; approximately one third of the entire Strip is represented here. ... Harrahs Atlantic City is a hotel and casino, located in the marina district of Atlantic City, New Jersey. ... Harrahs Laughlin is the second largest hotel and casino located in Laughlin, Nevada. ... For other uses, see Memphis (disambiguation). ... Categories: | ... is the 1st day of the year in the Gregorian calendar. ... Events of 2008: (EMILY) Me Lesley and MIley are going to China! This article is about the year. ... The Rio All Suite Hotel and Casino is located off the Las Vegas Strip in Clark County, Nevada, USA. It is better known as The Rio and is owned and operated by Harrahs Entertainment. ... The Rio Secco Golf Club is a public golf course in Henderson, Nevada. ... To meet Wikipedias quality standards, this article or section may require cleanup. ... is the 70th day of the year (71st in leap years) in the Gregorian calendar. ... Year 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... MTR Gaming Group Inc. ... The WSOP logo The World Series of Poker is the most prestigious set of poker tournaments in the world. ... Horseshoe Gaming Holding Corporation was established in 1993 with its only asset being the rights to use the Horseshoe name on casinos. ... is the 164th day of the year (165th in leap years) in the Gregorian calendar. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ... Caesars Entertainment, Inc. ... This article is about the Las Vegas hotel. ... Lowest pressure 895 mbar (hPa)[1] Damages $10 billion (2005 USD)[1] Fatalities 7 direct, 113 indirect Areas affected Bahamas, Florida, Cuba, Yucatán Peninsula, Louisiana, Texas, Mississippi, Arkansas Part of the 2005 Atlantic hurricane season Hurricane Rita is the fourth-most intense Atlantic hurricane ever recorded and the most... is the 333rd day of the year (334th in leap years) in the Gregorian calendar. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ... The Flamingo Laughlin is a hotel and casino located in Laughlin, Nevada. ... is the 139th day of the year (140th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... is the 346th day of the year (347th in leap years) in the Gregorian calendar. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ... Grand Casino Gulfport was the name of a gambling establishment in Gulfport Mississippi. ... The Copa Casino is a casino located in Gulfport, Mississippi. ... is the 113th day of the year (114th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... is the 146th day of the year (147th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... Imperial Palace is a 2,700 room hotel and a 75,000 square foot (7,000 m²) casino located on the Las Vegas Strip in Las Vegas, Nevada. ... is the 275th day of the year (276th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... The Wall Street Journal (WSJ) is an international daily newspaper published by Dow Jones & Company in New York City, New York, USA, with Asian and European editions, and a worldwide daily circulation of more than 2 million as of 2006, with 931,000 paying online subscribers. ... A leveraged buyout (or LBO) occurs when a financial sponsor gains control of a majority of a target companys equity through the use of borrowed money or debt. ... The Texas Pacific Group (commonly referred as TPG) is a private equity investment firm founded by David Bonderman, James Coulter and William Price in 1993. ... This article does not cite any references or sources. ... The Barbary Coast Hotel & Casino is a hotel and casino located on the famed Las Vegas Strip in Las Vegas, Nevada. ... SEC is a TLA which can refer to: In general context, an abbreviation for second. ... A shareholder or stockholder is an individual or company (including a corporation), that legally owns one or more shares of stock in a joint stock company. ... is the 28th day of the year in the Gregorian calendar. ... 2008 (MMVIII) is the current year, a leap year that started on Tuesday of the Anno Domini (or common era), in accordance to the Gregorian calendar. ...

Casinos

Bally's brand

• Bally's Atlantic City (Includes Wild Wild West Casino & Claridge Towers)
• Bally's Las Vegas

Note: Bally's Casino Tunica is not under Harrah's ownership, having been sold to Colony Capital as part of the Caesars Entertainment merger deal.

Ballys Atlantic City started life in 1901 first as the Marlborough House owned by Josiah White III and his son John. ... This article is about the Ballys Las Vegas hotel/casino. ... Ballys Casino Tunica, opened in 1995, is a 238 room hotel and a 40,000 square foot casino with a rustic 1800s theme. ... Colony Capital can refer to several companies: Colony Capital a private real estate investment company Colony Capital An investment management company This is a disambiguation page: a list of articles associated with the same title. ...

Caesars brand

• Caesars Atlantic City
• Caesars Indiana (Being rebranded to Horseshoe)
• Caesars Palace Las Vegas
• Caesars Windsor (being rebranded From Casino Windsor in spring 2008)

Categories: | | ... Caesars Indiana is one of the numerous casinos operated by Caesars Entertainment. ... Caesars Palace is a luxury hotel and casino located on the Las Vegas Strip in Las Vegas, Nevada. ...

Grand Casino brand

Image File history File links Grand_Casino_logo. ...

• Grand Casino Biloxi (Destroyed by Hurricane Katrina in 2005, re-opened in late 2006..) it will be renamed Margaritaville Casino and Resort.
• Grand Casino Tunica to be renamed Harrah's Casino Tunica

The name chages of both casino will eliminate the Grand Casino brand. Grand Biloxi Casino Hotel and Spa is the name of a gambling establishment in Biloxi Mississippi. ... This article is about the Atlantic hurricane of 2005. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ... Grand Casino Tunica is the name of a gambling establishment in really Helena, Arkansas but it is commonly knwon inTunica Resorts, Mississippi. ...

Harrah's brand

Image File history File links Download high resolution version (1500x629, 73 KB) Summary From Harrahs internal web site, for promotional use only. ...

Harrah's Joliet

• Harrah's Ak-Chin Casino
• Harrah's Atlantic City
• Harrah's Cherokee
• Harrah's Chester
• Harrah's Council Bluffs
• Harrah's Joliet
• Harrah's Lake Tahoe
• Harrah's Las Vegas
• Harrah's Laughlin
• Harrah's Louisiana Downs
• Harrah's Metropolis
• Harrah's New Orleans
• Harrah's North Kansas City
• Harrah's Prairie Band
• Harrah's Reno
• Harrah's Rincon
• Harrah's St. Louis
• Grand Casino Tunica will be renamed to Harrah's Tunica

Image File history File linksMetadata Download high-resolution version (1949x1236, 223 KB) Summary Harrahs Joliet, w:Joliet, Illinois. ... Image File history File linksMetadata Download high-resolution version (1949x1236, 223 KB) Summary Harrahs Joliet, w:Joliet, Illinois. ... Harrahs Ak-Chin is a casino and hotel located in the Ak-Chin_Indian_Community, 58 miles south of Phoenix, Arizona. ... Harrahs Atlantic City is a hotel and casino, located in the marina district of Atlantic City, New Jersey. ... Harrahs Cherokee Casino is a casino located in Cherokee, North Carolina. ... Harrahs Chester will be a casino and horse racing track when construction is completed and the racetrack portion opens on September 10th, 2006. ... Harrah’s Council Bluffs is a riverboat casino operated by Harrahs Entertainment. ... Harrahs Lake Tahoe logo Harrahs Lake Tahoe, is a resort casino on in South Lake Tahoe at Stateline, Nevada. ... Harrahs Las Vegas is a hotel and casino located on the famed Las Vegas Strip in Las Vegas, Nevada. ... Harrahs Laughlin is the second largest hotel and casino located in Laughlin, Nevada. ... Harrahs Louisiana Downs is a horse racing track and racino located in Bossier City, Louisiana. ... Harrahs Metropolis is a riverboat casino located on the Ohio River in Metropolis, Illinois. ... Harrahs New Orleans is a casino located in New Orleans, Louisiana at the foot of Canal Street a block away from the Mississippi River. ... Harrahs Lake Tahoe logo Harrahs Lake Tahoe, is a resort casino on in South Lake Tahoe at Stateline, Nevada. ... To meet Wikipedias quality standards and conform with our NPOV policy, this article or section may require cleanup. ... Grand Casino Tunica is the name of a gambling establishment in really Helena, Arkansas but it is commonly knwon inTunica Resorts, Mississippi. ...

Horseshoe brand

• Horseshoe Gaming Holding Corporation
  • Horseshoe Bossier City
  • Horseshoe Council Bluffs
  • Horseshoe Hammond
  • Horseshoe Casino Tunica

Horseshoe Gaming Holding Corporation was established in 1993 with its only asset being the rights to use the Horseshoe name on casinos. ... The Horseshoe Casino Tunica is a casino resort located in Tunica Resorts, Mississippi. ...

Other casino names

• Bill's Casino Lake Tahoe

Image:Billsgamblinhalllogo.gif Bills Lake Tahoe, is a casino in South Lake Tahoe at Stateline, Nevada connected to Harrahs Lake Tahoe. ...

• Bill's Gamblin' Hall and Saloon, Las Vegas, Nevada
• Sheraton Hotel and Casino, Tunica, Mississippi
• Casino Windsor (being rebranded as Caesars Windsor in spring 2008)
• Conrad Resort and Casino, Punta Del Este, Uruguay
• Flamingo Las Vegas
• Imperial Palace

Bills Gamblin Hall and Saloon is a casino and hotel located on The Strip in Las Vegas, Nevada. ... Casino Windsor is a major casino hotel in Windsor, Ontario. ... The Flamingo Las Vegas is a hotel casino located on the famed Las Vegas Strip in Las Vegas, Nevada, and is owned and operated by Harrahs Entertainment. ... Imperial Palace is a 2,700 room hotel and a 75,000 square foot (7,000 m²) casino located on the Las Vegas Strip in Las Vegas, Nevada. ... Image File history File links No higher resolution available. ...

• O'Sheas Casino (Operated as part of Flamingo Las Vegas)

OSheas Casino is owned and operated by Harrahs Entertainment and is located on the Las Vegas Strip in unincorporated Clark County, Nevada. ... Image File history File links Harveys_Logo. ...

• Harveys Lake Tahoe

Harveys Lake Tahoe is a resort located in Stateline, Nevada. ...

• Paris Las Vegas

This article is about the Las Vegas hotel. ... Image File history File links Rio_logo. ...

• Rio All Suite Hotel and Casino Las Vegas

The Rio All Suite Hotel and Casino is located off the Las Vegas Strip in Clark County, Nevada, USA. It is better known as The Rio and is owned and operated by Harrahs Entertainment. ... Image File history File linksMetadata Download high-resolution version (2680x1082, 408 KB) Licensing This is a logo of an organization, item, or event, and is protected by copyright and/or trademark. ...

• Showboat Casino, Atlantic City
• London Clubs International, UK
• Margaritaville Casino and Resort, Biloxi, Mississippi

Categories: | ... The Margaritaville Casino and Resort is a casino resort located in Biloxi, Mississippi in the United States, scheduled to open in 2010. ... Biloxi redirects here. ...

Golf club and courses

• Atlantic City Country Club – Atlantic City, NJ - Acquired from the Caesars Entertainment merger
• Cascata Golf Course – Las Vegas, Nevada
• Chariot Run Golf Course – Laconia, Indiana
• Cottonwoods Golf Course – Tunica, Mississippi
• Grand Bear Golf Course – Gulfport, Mississippi

Laconia is a town located in Harrison County, Indiana. ... Image File history File links RioSecco. ...

• Rio Secco Golf Club in Henderson, Nevada

The Rio Secco Golf Club is a public golf course in Henderson, Nevada. ...

Other assets

• Roman Empire Development (RED) formed in 2006 to manage room renovation projects internally. Closed on December 12, 2007 following reports of reconstruction being done without required permits.^[7]
• Total Rewards
• World Series of Poker- Buyout through Binion Horeshoe acquisition.

is the 346th day of the year (347th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... Special card issued for the World Series of Poker Seven Star Card issued for the World Series of Poker Total Rewards is a casino loyalty program at nearly all Harrahs Entertainment United States locations. ... The WSOP logo The World Series of Poker is the most prestigious set of poker tournaments in the world. ...

Logo

Current logo as of 2001. Image File history File links Download high resolution version (1500x629, 73 KB) Summary From Harrahs internal web site, for promotional use only. ...

References

Shook, Robert L., Jackpot, ISBN 0-471-26323-0 2008 (MMVIII) is the current year, a leap year that started on Tuesday of the Anno Domini (or common era), in accordance to the Gregorian calendar. ... is the 29th day of the year in the Gregorian calendar. ... 2008 (MMVIII) is the current year, a leap year that started on Tuesday of the Anno Domini (or common era), in accordance to the Gregorian calendar. ... is the 29th day of the year in the Gregorian calendar. ... 2008 (MMVIII) is the current year, a leap year that started on Tuesday of the Anno Domini (or common era), in accordance to the Gregorian calendar. ... is the 29th day of the year in the Gregorian calendar. ... 2008 (MMVIII) is the current year, a leap year that started on Tuesday of the Anno Domini (or common era), in accordance to the Gregorian calendar. ... is the 29th day of the year in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... is the 225th day of the year (226th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... is the 225th day of the year (226th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... is the 310th day of the year (311th in leap years) in the Gregorian calendar. ... The Las Vegas Review-Journal, also known as The R-J, is published in Las Vegas, Nevada. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... is the 347th day of the year (348th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... is the 350th day of the year (351st in leap years) in the Gregorian calendar. ...

External links

• Harrah's homepage (used as a source for some information)
• Harrah's Total Rewards Card