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Caesars Entertainment News
Harrah's CEO sees signs of stability
25 May 2009
Gary Loveman says despite downturn, industry’s fundamentals are strong.
Harrah's launches interactive department for WSOP
25 May 2009
Harrah’s Interactive Entertainment to oversee the global and online growth of World Series of Poker brand.
Garber named CEO of Harrah's new interactive subsidiary
22 May 2009
Former PartyGaming CEO will run Harrah's Interactive Entertainment -- a subsidiary of Harrah's created to "explore a European interactive strategy" and "manage the global growth of the World Series of Poker."
Top-10 tips for planning your trip to the WSOP
18 May 2009
With the 2009 World Series of Poker fast approaching, Casino City presents its Top-10 tips for making your trip to poker's most prestigious event that much more enjoyable this summer.
Reports put numbers on reduction of workforce
11 May 2009
As giants cut full-timers, MGM Mirage boosts corps of part-timers.
Harrah's throws support behind online bill
7 May 2009
The casino giant has thrown its support behind online gambling legislation, which could open up a whole new market for the owner of the WSOP brand.
Harrah's supporting online gambling legislation
6 May 2009
News brief: Harrah's Entertainment and Youbet.com are both supporting legislation that would legalize online gambling in the U.S.
Harrah's sees revenue take hit on economic weakness
29 Apr 2009
Harrah's Entertainment Inc. has reported first-quarter financial results that showed continued declines in revenue for its big Las Vegas resorts.
ESPN only airing two WSOP bracelet events
27 Apr 2009
In a marked departure from previous years, ESPN will only be televising two World Series of Poker bracelet events. They'll also broadcast the WSOP Champions Invitational and the Ante Up for Africa charity tournament, non-bracelet events which will take place during this year's World Series in Las Vegas.
Harrah's reports resignation of board member
22 Apr 2009
Member of Harrah's board of directors, Jeanne P. Jackson, has resigned from the board immediately.
Perspectives Weekly pieces together the online regulation puzzle
22 Apr 2009
J. Todd takes a look at all of the recent conflicting stories about the online gambling industry and explains why they could mean that regulation is on its way. He also takes a look at the strategy to further expose the rouge Grand Prive online casino.
Did two gaming titans get too big?
20 Apr 2009
Deals that once made sense led to borrowing that hangs over gaming giants.
MGM Mirage, Harrah's on Fortune 500 list
20 Apr 2009
Two Las Vegas-based gaming companies are again the only Nevada firms included in Fortune magazine's annual Fortune 500 list of the nation's largest companies.
Harrah's, MGM Mirage make Fortune 500
20 Apr 2009
Harrah's and MGM Mirage were the only two Las Vegas gaming companies made this year's Fortune 500 list.
Former PartyGaming CEO rumored to join Harrah's
14 Apr 2009
Several blogs reported on Monday that Harrah's Entertainment has hired former PartyGaming CEO Mitch Garber.
Caesars reaches agreement with Mets
14 Apr 2009
News brief: The Caesars brand will be prominently displayed in advertisements at the brand new Citi Field.
Harrah's may need more relief
14 Apr 2009
Analysts say that Harrah's needs to negotiate further debt relief if it hopes to avoid bankruptcy.
Harrah's lowers debt by $2.3 billion
13 Apr 2009
Gaming analysts are not sure a $2.3 billion reduction in debt will stave off bankruptcy court for the gaming giant.
Harrah's extends bond tender offer again
27 Mar 2009
News brief: The heavily indebted casino company has extended its tender offer out to April 8.
Harrah's expects annual savings of $500 million
18 Mar 2009
Cost-cutting measures and debt-refinancing programs at Harrah's Entertainment Inc. may help the company work its way through the recession gripping the gaming industry.
Massive $23.1 billion debt hanging over Harrah's
18 Mar 2009
The gaming giant is at risk of default as its revenue continues to shrink, according to a filing with the SEC.
Harrah's holding nationwide "Rock Band" tournament
17 Mar 2009
The casino company is hosting regional competitions at 18 properties around the country with the winning band opening for the B-52s in New York.
Harrah's owners buying part of debt
16 Mar 2009
The gaming company's owners are buying the debt to ensure they remain in control should Harrah's go bankrupt.
Analyst says Harrah's will be bankrupt by end of year
6 Mar 2009
A bond analyst said she doubts the latest debt swap offer from Harrah's Entertainment will be successful and that the gaming giant will be in bankruptcy court by the end of 2009.
Harrah's offers $2.8 billion bond swap
5 Mar 2009
News brief: The world's biggest casino offered to swap $2.8 billion in bonds for new notes to reduce debt and extend maturities.
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