Harrah's Entertainment, Inc.

News and overview for Harrah's Entertainment, Inc.

La. casino revenue down 1.3 percent over year - AP - NOLA.com
Times-Picayune (New Orleans), The | 34 days 5 hours 3 minutes ago
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Pinnacle's La. casino likely opening in late 2011
Charlotte Observer (N.C.), The | 34 days 3 hours 20 minutes ago
BATON ROUGE, La. After nearly a year of delay because of the national freeze in credit markets, Pinnacle Entertainment Inc.'s proposed riverboat casino in Baton Rouge has been put on a schedule that could see the games begin in late 2011.


Vegas-based Pinnacle moves ahead with Louisiana casino
Las Vegas Sun | 34 days 56 minutes ago
Las Vegas-based Pinnacle Entertainment might see its riverboat casino in Baton Rouge, La., open by late 2011.


La. casino revenue down 1.3 percent over past year
Monterey County Herald (Calif.), The | 34 days 4 hours 10 minutes ago
BATON ROUGE, La.Louisiana's state-licensed casinos came out of the year after the September 2008 financial meltdown not much worse for the wearat least as far as taking in money from gamblersand much better off than casinos in many other states.


Sept. revenue declines 5.8 percent at NJ casinos
Forbes | 45 days 5 hours 37 minutes ago
ATLANTIC CITY, N.J. -- Revenue is still falling for Atlantic City's 11 casinos, but at least the plunge is slowing down.


Louisiana's casino revenue falls 1.3 percent over past year after financial meltdown
Sun (Baltimore), The | 34 days 4 hours 1 minute ago
Louisiana's state-licensed casinos came out of the year after the September 2008 financial meltdown not much worse for the wear — at least as far as taking in money from gamblers — and much better off than casinos in many other states.


Sept. Revenue Declines 5.8 Percent at NJ Casinos
ABC News | 45 days 5 hours 32 minutes ago
Atlantic City casinos see 5.8 percent decline in September revenues, loss not as steep as Aug.


Q3 for MGM Mirage Like Others, Down
GlobeSt.com | 17 days 14 hours 9 minutes ago
The big reason for the loss was the previously announced charge against earnings to account for the drop in value of the assets in the CityCenter development due to the recession. CityCenter is a 50-50 joint venture of MGM Mirage and Dubai World.


Board of Public Utilities Recognizes New Jersey's Clean Energy Leaders --BPU Commissioners present 2009 NJ Clean Energy Leadership Awards
CNBC | 33 days 1 hour ago
ATLANTIC CITY, N.J., Oct 21, 2009 /PRNewswire via COMTEX/ -- The New Jersey Board of Public Utilities (BPU) yesterday announced and celebrated the winners of the 2009 NJ Clean Energy Leadership Awards in seven categories at a special dinner held during Clean Energy Now, the 2009 Clean Energy Conference & Leadership Awards. These awards honor individuals, local and county governments, businesses, institutions and organizations that have improved New Jersey's economic competitiveness and have d...


CMG Holdings Inc., (CMGO) and XA, The Experiential Agency, Inc. (XA), Announce Executive Vice President of Public Relations, Amanda Puck, as one of Crain s Chicago Business 40 Under 40 [Press Release]
Business Wire | 19 days 16 hours 28 minutes ago
CMG Holdings, Inc., (CMG) (OTC BB: CMGO), a full service global marketing communications company, and its wholly owned subsidiary, XA, The Experiential Agency, Inc. (XA) are pleased to announce Executive Vice President of Public Relations, Amanda Puck, as one of Crain’s Chicago Business “40 Under 40.”


Billionaire Packer Raises Stakes in Casino Gamble That's Cost $1 Billion
Bloomberg | 40 days 7 hours 36 minutes ago
Oct. 14 (Bloomberg) -- James Packer, Australia's richest man, has raised the stakes in a bet that has so far lost at least $1 billion.


CMG Holdings, Inc. (CMGO) Announces XA, The Experiential Agency, Inc. (XA), Produced the Opening of the Michael Kors Midwest Flagship Collection Store at The 900 Shops [Press Release]
Business Wire | 16 days 18 hours 22 minutes ago
CMG Holdings, Inc., (CMG) (OTC BB: CMGO), a full service global marketing communications company, is pleased to announce that its wholly owned subsidiary, XA, The Experiential Agency, Inc. (XA) produced the launch of The Michael Kors Midwest Flagship Collection Store at The 900 Shops.


FOCUS: Taiwan casino hopes rekindled amid Asian gaming recovery.
HotelsMag.com | 34 days 11 hours 4 minutes ago
Taipei, Oct. 13 Kyodo Despite the failure of a key referendum on casinos last month, Taiwan's prospects for a casino gaming industry remain strong amid a comeback in the Asian gaming market, experts say.


Wynn Resorts to post 3Q earnings on Tuesday - National Business - MiamiHerald.com
Miami Herald, The | 28 days 5 hours 28 minutes ago
LAS VEGAS -- 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.


Wynn Resorts to post 3Q earnings on Tuesday
Forbes | 28 days 3 hours 49 minutes ago
LAS VEGAS -- Wynn Resorts Ltd. is to report its third-quarter financial results before the market opens Tuesday. Below is a summary of key developments and analyst opinion related to the period.





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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