Harrah's transfers management of Kansas property
LAS VEGAS, Nevada -- (PRESS RELEASE) -- Harrah's Kansas Casino Corporation, a subsidiary of Harrah's Entertainment, Inc. (NYSE:HET), today confirmed it will transfer management of the Harrah's Prairie Band Casino to the Prairie Band Potawatomi Nation effective July 1, 2007. The management transfer of this property, previously announced in mid-2005, will occur six-months earlier than scheduled.
"We have long understood and supported the Nation's ultimate goal for self-management of Harrah's Prairie Band Casino," said Carlos Tolosa, president of Harrah's Eastern Region. "We believe the tribe is well-prepared for this transition. Harrah's is proud to have worked with the Nation in building a successful business, and we're confident their resort will continue to thrive for years to come."
Harrah's Entertainment, Inc. is the world's largest provider of branded casino entertainment through its operating subsidiaries. Since its beginning in Reno, Nevada, nearly 70 years ago, Harrah's has grown through development of new properties, expansions and acquisitions, and now owns or manages casinos on four continents. The company's properties operate primarily under the Harrah's, Caesars and Horseshoe brand names; Harrah's also owns the London Clubs International family of casinos. Harrah's Entertainment is focused on building loyalty and value with its customers through a unique combination of great service, excellent products, unsurpassed distribution, operational excellence and technology leadership.