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Caesars Entertainment News
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.
Harrah's hit with class-action lawsuit over debt plan
18 Feb 2009
Add Harrah’s Entertainment Inc. to the list of Las Vegas gaming companies facing class-action lawsuits filed by securities lawyers.
High roller posts $1.5 million bail to avoid jail stay
18 Feb 2009
Nebraska philanthropist makes court appearance on felony charges of theft and passing bad checks stemming from $14.7 million in gambling debts.
Harrah's move might preclude bankruptcy
17 Feb 2009
The Vegas casino giant has requested to draw down the $740 million remaining on its $2 billion credit line.
Harrah's suspending 401(k) contributions
13 Feb 2009
The gaming company will suspend matching employees’ 401(k) contributions and will also cut managers' salaries.
Octavius opening postponed at Caesars
13 Jan 2009
Harrah's has halted the tower's completion as room demand dwindles.
Casino City's Top-10 land-based gaming stories from 2008
22 Dec 2008
10. Expansion of WSOPE
Although it will probably never be as grand as the original WSOP that takes place in Las Vegas every year, the World Series…
Nevadan at Work: Fred Keeton
15 Dec 2008
Harrah's chief diversity officer looks beyond external to see diversity in experience.
Station and Harrah's ask bondholders for help
9 Dec 2008
The two gaming empires are seeking to lower costs by asking bondholders to help them refinance.
INSIDE GAMING: New Harrah's slots appeal to Trekkies
8 Dec 2008
The company is rolling out 120 "Star Trek"-themed slot machines at its Vegas casinos.
Longtime Harrah's executive retires
4 Dec 2008
Harrah's Vice Chairman Chuck Atwood steps down after serving 30 years with the company.
Web betting is wedge for Big Gaming
25 Nov 2008
Casino companies are at odds over the prospect of legalized Internet gambling.
Casino "arms race" declared over
20 Nov 2008
Harrah's CEO says fiscal crunch is forcing companies to rethink and refocus business plans.
Harrah's drops Kansas casino plans
18 Nov 2008
The casino company blames the economic crisis as it drops plans to build a casino in south central Kansas.
Atlantic City casino revenue down almost 10 percent
11 Nov 2008
News brief: Figures are called "dismal" and there is unlikely any hope in the foreseeable future.
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