Harrah's Entertainment, Inc.
News and overview for Harrah's Entertainment, Inc.
Gaming Standards Association to Have Strong Presence at SAGSE and Asian Gaming Regulation and Investment Summit [Press Release]
PRNewswire | 60 days 22 hours 53 minutes ago
...include AMX; Aristocrat Technologies Inc.; Bally Technologies, Inc. (BYI); GTECH Corporation (LTO); Harrah's Entertainment; International Game Technology (IGT); Konami Gaming Inc.; MEI; NCR Corporation (NCR...
Wynn Resorts casino company to post third-quarter earnings Tuesday before market opens
Orlando Sentinel (Fla.) | 27 days 17 hours 36 minutes ago
LAS VEGAS (AP) — Wynn Resorts Ltd. is to report its third-quarter financial results before the market closes Tuesday. Below is a summary of key developments and analyst opinion related to the period.
All bets off as economy slumps
Spokesman-Review (Spokane, Wash.), The | 26 days 6 hours 25 minutes ago
LAS VEGAS – Gamblers are wagering less than a year ago, visiting casinos less often and holding back on extras when they do, continuing trends that left the industry struggling in the third quarter.
G2S Protocol Authorized by New South Wales Casino, Liquor and Gaming Control Authority [Press Release]
PRNewswire | 88 days 22 hours 54 minutes ago
...include AMX; Aristocrat Technologies Inc.; Bally Technologies, Inc. (BYI); GTECH Corporation (LTO); Harrah's Entertainment; International Game Technology (IGT); Konami Gaming Inc.; MEI; NCR Corporation (NCR...
Harrah's Entertainment buying back loans for $250M - AP - NOLA.com
Times-Picayune (New Orleans), The | 23 days 19 hours 25 minutes ago
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UPDATE 1-Pinnacle CEO departs; search for successor set
Reuters | 13 days 21 hours 41 minutes ago
ATLANTA, Nov 9 (Reuters) - Pinnacle Entertainment Inc (PNK.N) said on Monday that Daniel Lee had resigned as chairman and chief executive officer to pursue other interests, and it named two board members to head the casino operator while it looks for a replacement.
Former Pinnacle CEO to get $2.8 million in severance
Las Vegas Sun | 10 days 15 hours 17 minutes ago
Regardless of whether he quit or was fired, former Pinnacle Entertainment Inc. Chairman and Chief Executive Officer Dan Lee is set to receive $2.8 million in cash severance payments over three years.
CORRECTING and REPLACING Glu Serves Up More Fun with the Launch of Diner Dash: Flo on the Go for Mobile Phones Worldwide [Press Release]
Business Wire | 26 days 21 hours 55 minutes ago
Third graph of release, quote should be attributed to: Alex Galvagni, senior vice president of global product development & CTO, Glu (sted Jill Braff, senior vice president of global publishing, Glu).
Vegas on losing end of rough economy
Philadelphia Inquirer, The | 3 days 21 hours 37 minutes ago
LAS VEGAS - After he scored a room at the Excalibur online for $24 a night, Mario Ellis hopped in his car and headed for Sin City.
AP State News
Sacramento Bee (Calif.), The | 35 days 2 hours 38 minutes ago
LAS VEGAS -- Officials say five lucky players will play on a life-size Monopoly board on the Las Vegas Strip as part of a promotion for the Monopoly World Championships.
Wynn 3Q profit drops as gamblers spend less
Forbes | 26 days 17 hours 45 minutes ago
LAS VEGAS -- Gamblers stayed tight with their wagers, visited casinos less and spent less overall when they did, leaving the casino industry to struggle in the third quarter.
Planet Hollywood s financial outlook worsens
Las Vegas Sun | 6 days 14 hours 18 minutes ago
Resort says lenders control its finances as property reports $17.5 million loss
Bankruptcy Rise Slows With Thaw In Lending
Wall Street Journal, The | 6 days 17 hours 31 minutes ago
The bankruptcy boom is going bust -- for now. The financial crisis created one of the worst periods in U.S. history for corporate bankruptcies, felling the likes of Circuit City Stores Inc., General Motors Corp. and CIT Group Inc., the giant lender to small businesses.
Glu Lets Gamers Pull Extreme Tricks with the Launch of Tony Hawk : VERT for Mobile Phones Worldwide [Press Release]
Business Wire | 6 days 26 minutes ago
Glu Mobile Inc. (Nasdaq:GLUU), a leading global publisher of mobile games, today announced the launch of the latest installment in the award-winning skateboarding video game franchise Tony Hawk® with Tony Hawk: VERT for mobile phones. Tony Hawk: VERT was developed and published through Glu’s exclusive worldwide partnership with Activision Publishing, Inc. (Nasdaq:ATVI). Published for the first time in 1999 and with ten games in the series to date, Tony Hawk is the best-selling skateboarding v...
Corporate Bond Buying Sets Record
Wall Street Journal, The | 9 days 16 hours 32 minutes ago
NEW YORK -- Companies in the U.S. and Europe are racing to sell a record volume of relatively cheap bonds, valued at trillions of dollars, as they take advantage of investors' voracious appetite for corporate debt to repair wounded balance sheets ahead of the holiday slowdown.
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Company Overview
| Company: | Harrah's Entertainment, Inc. |
|---|---|
| Industry: | Gambling Resorts & Casinos |
| Website: | http://www.harrahs.com |
Harrah's Entertainment likes to spread its bets. The world's largest gaming company, Harrah's owns, operates, and/or manages about 50 casinos (under such names as Bally's, Caesars, Harrah's, Horseshoe, and Rio), primarily in the US and the UK. Operations include casino hotels, dockside and riverboat casinos, and Native American gaming establishments. Harrah's acquired rival Caesars Entertainment for $9.4 billion in cash, stock, and debt. The deal cemented Harrah's as the world's #1 gaming company, jumping over the merged MGM MIRAGE/Mandalay combination. To appease regulators, Harrah's sold its Harrah's Tunica and East Chicago casinos to Colony Capital. The firm is owned by Apollo Advisors and TPG Capital.
Key Numbers
| Sales in U.S. Dollars (mil.) | 10,825.2 (2007) |
|---|---|
| One-year % Growth in Sales | 0.0 (2007) |
| Net Income in U.S. Dollars (mil.) | 619.4 (2007) |
| One-year % Growth in Net Income | 0.0 (2007) |
| Number of Employees | 87,000 (2007) |
| One-year % Growth in Number of Employees | 0.0 (2007) |
| Fiscal Year-End | December |