Harrah's Entertainment, Inc.

News and overview for Harrah's Entertainment, Inc.

Former Harrah ??s headquarters headed for online sale
American City Business Journals | 13 hours 44 minutes ago
After almost a year on the market, a 285,000-square-foot office complex currently owned by Harrah’s Entertainment, Inc.


Harrah's Entertainment Announces Acceptance for Purchase of All Notes Tendered Pursuant to Tender Offers for Harrah's Operating Company Debt Securities
HotelsMag.com | 31 days 5 hours 28 minutes ago
Harrah's Entertainment, Inc. ("Harrah's") announced today that its direct, wholly owned subsidiary, Harrah's Operating Company, Inc. ("HOC"), has exercised its right to accept for payment all of the debt securities listed below that were tendered (collectively, the "Tendered Notes") in its previously announced tender offers (the "Offers"), which expired at midnight, New York City time, on October 21, 2009.


High-roller files civil suit against Harrah's
Seattle Times, The | 3 days 17 hours 27 minutes ago
A Nebraska man facing felony charges stemming from almost $15 million in Las Vegas gambling debts is suing casino giant Harrah's Entertainment Inc. for alleged breach of contract, conspiracy and negligence.


Harrah's Entertainment Hires Former Disney Executive as President-Strategy and Development
HotelsMag.com | 34 days 5 hours 57 minutes ago
Harrah's Entertainment, Inc. announced today that Peter E. Murphy will join Harrah's as president-strategy and development and as a member of the company's senior management team upon receipt of all required regulatory approvals.


Nebraska casino high-roller facing casino debt charges files civil lawsuit against Harrah's
Hartford Courant (Conn.), The | 3 days 17 hours 46 minutes ago
A Nebraska man facing felony charges stemming from almost $15 million in Las Vegas gambling debts is suing casino giant Harrah's Entertainment Inc. for alleged breach of contract, conspiracy and negligence.


High-Roller Files Civil Suit Against Harrah's
ABC News | 3 days 17 hours 24 minutes ago
Nebraska casino high-roller facing casino debt charges files civil lawsuit against Harrah's


Nebraska casino high-roller facing casino debt charges files civil lawsuit against Harrah's -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 3 days 18 hours 8 minutes ago
LAS VEGAS (AP) — A Nebraska man facing felony charges stemming from almost $15 million in Las Vegas gambling debts is suing casino giant Harrah's Entertainment Inc. for alleged breach of contract, conspiracy and negligence.


Pollack leaving as World Series of Poker commissioner, Harrah's not immediately replacing him -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 10 days 11 hours 4 minutes ago
LAS VEGAS (AP) — The commissioner of the World Series of Poker is leaving his post days after the series crowned its latest main event champion.


Wire Business News
Sacramento Bee (Calif.), The | 3 days 17 hours 55 minutes ago
LAS VEGAS -- A Nebraska man facing felony charges stemming from almost $15 million in Las Vegas gambling debts is suing casino giant Harrah's Entertainment Inc. for alleged breach of contract, conspiracy and negligence.


Casino operator Harrah's Entertainment buying back commercial loans for $250 million
Chicago Tribune | 24 days 1 hour 19 minutes ago
LAS VEGAS (AP) — 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.


Pollack leaving as World Series of Poker commissioner, Harrah's not immediately replacing him
Orlando Sentinel (Fla.) | 10 days 1 hour 6 minutes ago
LAS VEGAS (AP) — The commissioner of the World Series of Poker is leaving his post days after the series crowned its latest main event champion.


Harrah's Sets Sights on Eastern Europe
Wall Street Journal, The | 39 days 19 hours 40 minutes ago
Harrah's Entertainment Inc. this week disclosed its interest in managing a casino in Slovakia, part of the gambling company's ongoing search for low-cost expansion in Eastern Europe.


Harrah s Entertainment buying back loans for $250M
Las Vegas Sun | 24 days 1 hour 17 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.


Harrah's loss expands to $1.62 billion
Arizona Republic (Phoenix), The | 26 days 17 hours 11 minutes ago
Harrah's loss expands to $1.62 billion, Harrah's Entertainment Inc.'s third-quarter loss widened as gamblers spent less and the world's biggest casino company wrote down the value of its properties in Las Vegas and Atlantic City, N.J.


Harrah s launches program to focus on small group travel
Las Vegas Sun | 13 days 1 hour 17 minutes ago
Harrah's Entertainment Inc. of Las Vegas today said it launched a program called Total Experiences to boost sales in the small group travel segment, a market of increasing importance to the hotel industry.





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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