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Caesars Entertainment News
Bid for Harrah's tops $15.5 billion
12 Oct 2006
A higher bid by two private equity firms seeking to purchase casino giant Harrah's Entertainment didn't surprise gaming analysts, who said Wednesday the initial bid of $81 per share was too low.
Harrah's to give West Warwick $5 million
12 Oct 2006
News Brief: Harrah's Entertainment will give West Warwick one-time payments totaling $5 million plus up to 2 percent of its revenue after 10 years of operation if a casino wins voter approval, according to a 75-page development agreement released yesterday.
Harrah's keeps pumping money into R.I. campaign
11 Oct 2006
News Brief: Harrah's Entertainment continues to pump millions of dollars into its push for a Rhode Island casino -- spending $3.2 million last month alone.
Jeff Simpson on Harrah's Entertainment buyout offer and the draw of online poker
10 Oct 2006
There's a lot of mystery surrounding the $15 billion Harrah's Entertainment buyout offer and it may be awhile before the fog lifts.
Gambling issues scarce on ballots
10 Oct 2006
Harrah's Entertainment executives hope the electorate in Rhode Island will have gambling on its mind as it heads to the polls next month.
Harrah's passes on Singapore bidding
10 Oct 2006
Harrah's Entertainment officially ended its 20-month-long quest to build a casino in the city-state of Singapore, announcing Friday that it would not submit a bid proposal for a site at Sentosa Island.
Harrah's Entertainment, Keppel Land Release Statement on Singapore Bid
6 Oct 2006
Harrah's Entertainment, Inc. and Keppel Land) today issued a statement regarding the companies' decision not to submit a bid proposal for the Singapore Tourism Board Sentosa Island integrated resort project.
Harrah's Plan for Singapore in Jeopardy?
5 Oct 2006
The first casualty stemming from this week's massive buyout offer for Harrah's Entertainment may be the company's proposal to build a casino in Singapore.
Minority Businesses Invited to Harrah's Diversity Vendor Fair
5 Oct 2006
Harrah's Chester Casino & Racetrack and Harrah's Entertainment, Inc. plan to host a vendor event for diverse businesses in and near Chester, Pennsylvania.
Congress Deals Poker Fans a Hand They Can't Bet
4 Oct 2006
Fallout from the Unlawful Internet Gambling Enforcement Act of 2006 may land hard on two of Las Vegas' biggest gaming companies, Harrah's Entertainment and MGM Mirage.
Mergers and Acquisitions: Waiting Starts After Bid
4 Oct 2006
As the dust settled Tuesday around the massive buyout offer for Harrah's Entertainment, analysts speculated that nothing would change for the world's largest casino operator until company directors decide what to do with the $15 billion proposal.
West Warwick Casino Impact Study Released
4 Oct 2006
News Brief: West Warwick could handle the public safety needs of the proposed $1 billion casino if the Police Department adds one officer per shift and the Fire Department bulks up training efforts, according to a study released.
Harrah's Reviews Singapore Bid
4 Oct 2006
International News Brief: Harrah's Entertainment Inc. said on Wednesday it was reviewing its bid for Singapore's second casino resort after it received a $15 billion buyout offer in the United States.
Harrah's Options Trade Questioned
4 Oct 2006
News Brief: Unusual options activity pegged to the shares of Harrah's Entertainment Inc. ahead of the announcement of a buyout offer for the gambling operator is raising eyebrows among some market options players.
Let the Guessing Begin ...
3 Oct 2006
The $15 billion that two equity firms offered to take Harrah's Entertainment private created a frenzy of buying for other casino operator stocks on Monday, as investors speculated on the potential for similar offers for other gaming companies.
Strip Land Deal: Harrah's, Boyd Swap Plots
3 Oct 2006
Two of the city's biggest gaming operators have struck a strategic land deal key to their future growth.
Harrah's Buyout Price Could Go Up
3 Oct 2006
The price tag on a massive buyout offer to take Harrah's Entertainment private could go higher in coming weeks, analysts said Monday.
Rhode Island Plans Shaken by Buyout Proposal
3 Oct 2006
News Brief: The Rhode Island casino campaign was shaken yesterday by news of the potential sale of Harrah's Entertainment, the Las Vegas-based company bankrolling the proposed Narragansett Indian casino in West Warwick.
A Twist on 'Baby Needs a New Pair of Shoes'
2 Oct 2006
Caesars owner Harrah's Entertainment is now looking to reward a growing number of customers who prefer to spend their money away from the casino floor.
Harrah's Receives Acquisition Proposal
2 Oct 2006
Harrah's Entertainment, Inc. confirms that its Board of Directors has received a proposal from Apollo Management and Texas Pacific Group to acquire all of the Company's outstanding common stock for $81.00 per share in cash.
Harrah's, Boyd Enter Deal
2 Oct 2006
A subsidiary of Harrah's Entertainment, Inc. has entered into a definitive agreement with a subsidiary of Boyd Gaming Corp. to exchange certain real estate Harrah's controls near Boyd's Stardust site on the Las Vegas Strip for Boyd's Barbary Coast property.
Harrah's Sponsors National Black MBA Conference
28 Sep 2006
Harrah's Entertainment, Inc. announced it is a major sponsor of the 28th Annual National Black MBA Conference in Atlanta.
West Warwick Agreement Deadline Looms
27 Sep 2006
News Brief: With the Nov. 7 election six weeks away, the clock is ticking for the West Warwick Town Council and Harrah's Entertainment Inc. to craft a host agreement for the proposed casino in West Warwick.
Harrah's to Host Diversity Vendor Event
27 Sep 2006
Furthering its commitment to advancing diversity, Harrah's Entertainment, Inc. today announced plans to host a vendor event for diverse businesses in Southern Nevada.
Jeff Simpson on How Harrah's Massive Project at Center Strip is Going to Take More planning Than Originally Thought
26 Sep 2006
Harrah's Entertainment's mammoth redevelopment of the Center Strip area was set to be announced by the end of this month, but all of the details are yet to be finalized.
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