Harrah's Entertainment, Inc.
News and overview for Harrah's Entertainment, Inc.
PA Gaming Control Board to Hold Public Hearing on October 14th for Philadelphia Park Slots License Renewal [Press Release]
PRNewswire | 66 days 11 hours 39 minutes ago
...machine operator's license of Greenwood Gaming and Entertainment, Inc., operators of Philadelphia Park Casino Racetrack...and Chester Downs and Marina, LLC, operating as Harrah's Chester. The second step is to hold a public...
Harrah's reports $1.6B loss in 3rd quarter
Philadelphia Inquirer, The | 27 days 6 hours 51 minutes ago
LAS VEGAS - The world's largest casino company said Tuesday that it lost $1.6 billion during the third quarter as fewer people gambled, fewer groups visited and the value of its assets fell.
Appeals court sides with Harrah s, Pinnacle in Louisiana case
Las Vegas Sun | 19 days 8 hours 4 minutes ago
A federal appeals court has upheld a ruling rejecting claims that two Las Vegas companies conspired to monopolize the Louisiana casino market.
Sheraton Tunica to undergo rebranding, renovation
American City Business Journals | 4 days 7 hours 15 minutes ago
The Sheraton Casino and Hotel Tunica will be renamed and rebranded as the Tunica Roadhouse and Casino Hotel on Dec.
Top Travel News - Harrah's Entertainment Posts 13.7 Drop in Quarterly Revenue
TravelPulse | 25 days 9 hours 30 minutes ago
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Harrah s hires former Disney executive for new position
Las Vegas Sun | 35 days 4 hours 10 minutes ago
Harrah's Entertainment Inc. of Las Vegas today said it hired former Walt Disney Co. executive Peter E. Murphy as a senior executive to help the company expand globally.
Harrah's Hires Former Disney Exec Murphy As Strategy Chief
Wall Street Journal, The | 35 days 6 hours 19 minutes ago
DOW JONES NEWSWIRES Peter Murphy, a confidante of Michael Eisner while he ran Walt Disney Co. (DIS), has been hired as strategy and development chief for Harrah's Entertainment Inc.
Casinos struggle in 3Q as gamblers save: Harrah's loses $1.6B, Wynn profit slides, shares drop
Chicago Tribune | 27 days 4 hours 16 minutes ago
LAS VEGAS (AP) — 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.
Harrah's Entertainment buying back loans for $250M
Tribune (San Luis Obispo, Calif.), The | 24 days 9 hours 20 minutes ago
Casino operator Harrah's Entertainment Inc. says it has agreed to pay $250 million to buy back some commercial loans at a fraction of their face value.
World Series of Poker commissioner leaving post
Forbes | 10 days 7 hours 41 minutes ago
LAS VEGAS -- The commissioner of the World Series of Poker is leaving his post days after the series crowned its latest main event champion.
World Series of Poker commissioner leaving post - Business Wire - SunHerald.com
Sun Herald (Biloxi-Gulfport, Miss.), The | 10 days 7 hours 34 minutes ago
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Vegas casinos still hurting
Honolulu Advertiser, The | 25 days 10 hours 39 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.
RIMS Announces Speakers For Boston 2010 Confab
National Underwriter | 7 days 7 hours 17 minutes ago
The Risk and Insurance Management Society (RIMS) announced its three keynote speakers for the RIMS 2010 Annual Conference & Exhibition.
La. casinos see 6.9 percent revenue dip
Seattle Times, The | 5 days 13 hours 6 minutes ago
NEW ORLEANS Louisiana's state-licensed casinos, continuing to wade through the economic downturn like their counterparts in other states, recorded a 6.9 percent drop in gambling revenue last month from the previous October, state police reported Tuesday.
Vegas hit hard as Harrah s reports wider 3Q loss
Las Vegas Sun | 27 days 11 hours 39 minutes ago
Still struggling with the recession, Harrah's Entertainment Inc. of Las Vegas today posted a $1.33 billion charge against earnings to write down the value of certain assets around the country, and overall posted a third quarter loss from continuing operations after taxes of $1.621 billion.
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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 |
