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Caesars Entertainment News
Gaming Seen to Suffer After Storms
14 Oct 2005
Gaming company third-quarter earnings are being pounded by the devastation of hurricanes Katrina and Rita, although the effect is likely to wash out in the long run, analysts said Thursday.
Casino Companies Anticipate Strong Results
14 Oct 2005
News Brief: U.S. casino operators are likely to post robust quarterly earnings despite Gulf Coast hurricane damage and concerns over flagging consumer demand that have pressured the companies' stocks.
Indiana Foundations Contribute to Harrah's Employee Recovery Fund
11 Oct 2005
The Harrison County Community Foundation and the Caesars Riverboat Casino Foundation of Floyd County have pledged a total of $150,000 to the Harrah's Employee Recovery Fund.
Columbia Sussex to Rename Caesars Tahoe
11 Oct 2005
Columbia Sussex Corp. announced Monday the property will be renamed MontBleu in an attempt to capture a theme that mirrors the character of Lake Tahoe.
Harrah's Takes $10 Million Charge
7 Oct 2005
Harrah's Entertainment, which had four of its casinos in Mississippi and Louisiana knocked out of commission by Gulf Coast hurricanes, said Thursday it would take a $10 million charge against its third quarter earnings due to lost business.
Casino Companies Pay Fines to New York Commission
6 Oct 2005
News Brief: Two firms lobbying on behalf of companies seeking to open casinos in New York State have agreed to pay fines to the state lobbying commission to settle investigations involving prominent political figures, officials said yesterday.
Harrah's Provides Hurricane Damage Update
6 Oct 2005
Harrah’s Entertainment provides an update on damage from Hurricanes Katrina and Rita.
Harrah's Leads Gaming Magazine Poll
3 Oct 2005
For the sixth consecutive year, Harrah's Entertainment, Inc. led the gaming industry in Casino Player's Best of Gaming Awards, the magazine's annual poll of gaming customers from across the country.
Mississippi Casino Workers Bet on Indiana Casinos
30 Sep 2005
News Brief: Thousands of casino workers out of work after the hurricane are betting that Indiana’s casinos will be a welcome new home.
SMG Added to Keppel-Harrah's Bid
30 Sep 2005
International News Brief: Singapore's Keppel Land Ltd. and U.S.-based Harrah's Entertainment Inc. Thursday said they have added SMG Worldwide as a partner in their bid to build and operate the city-state's first casino resort.
Gulf Casinos Again Brace for Storm
26 Sep 2005
Pinnacle Entertainment, Boyd Gaming Corp. and Harrah's Entertainment closed their casinos in Lake Charles, La., as Hurricane Rita approached the area.
Harrah's Not Ready To Call It Quits, Yet
23 Sep 2005
News Brief: Despite a second major legal setback in its effort to break into the Rhode Island gambling market with a West Warwick casino, Harrah's Entertainment is still looking for a way in.
Ontario Lottery and Gaming Corp. Contributes to Harrah's Fund
22 Sep 2005
In the largest donation by a third party to date, the Ontario Lottery and Gaming Corp. has donated $211,700 to the Harrah's Employee Recovery Fund, Harrah's Entertainment, Inc.
Casino Shares Falling
21 Sep 2005
News Brief: Shares of casino operators fell for a second straight day on Tuesday after some analysts said room rates in Las Vegas may be heading lower.
Rhode Island Court Rejects Casino Proposal
20 Sep 2005
News Brief: The Rhode Island Supreme Court ruled Monday that proposed legislation that would allow a Harrah's Entertainment/Narragansett Indian casino in West Warwick, would not give the state adequate control and is unconstitutional.
Harrah's Entertainment Reports New Director
20 Sep 2005
Harrah's Entertainment, Inc. said seven-year National Football League marketing executive Ty Stewart joined the company's operating subsidiary as director of partnership marketing.
Harrah's Opens Additional Louisiana Employee Information Center
16 Sep 2005
Furthering its efforts to assist its nearly 8,000 employees impacted by Hurricane Katrina, Harrah's Entertainment, Inc. reports the opening of the Harrah's Baton Rouge Employee Information Center in Baton Rouge, Louisiana.
Las Vegas Companies Lead Singapore Short List
15 Sep 2005
An Asian casino expert says the four Las Vegas-based resort companies looking to build an integrated resort at Singapore's Marina Bay area have the inside track among 12 companies that have made the "short list" of developers.
Major Casino Company Leaders Find Accord
15 Sep 2005
The leaders of the gaming industry's two largest companies found themselves agreeing Wednesday on many of the key issues facing the casino business.
Harrah's Doesn't Expect Financial Impact from Closures
12 Sep 2005
News Brief: Harrah's Entertainment Inc. says that despite the negative impact of the hurricane, at the present time, it doesn't expect the closure of properties to have a material effect on its liquidity, capital resources or operations.
Harrah's Pulls Out of United Way Drive
12 Sep 2005
When its fundraising effort kicks off Sept. 22, the United Way of Southern Nevada will be missing a key donor.
Harrah's Cancels Poker Event Scheduled for Grand Casino Biloxi
9 Sep 2005
Harrah's Entertainment has canceled the World Series of Poker Circuit tournament scheduled to begin September 29 at Grand Casino Biloxi.
Harrah's Opening Gulf Region Employee Assistance Center
8 Sep 2005
Stepping up efforts to help nearly 8,000 Harrah's employees begin the process of recovery from Hurricane Katrina, Harrah's Entertainment, Inc. announced the opening of the Harrah's Gulf Coast Region Assistance Center today in Gulfport, Mississippi.
Gulf Casino Workers Anxious
8 Sep 2005
Less than two weeks after Hurricane Katrina laid waste to the Gulf Coast's gaming industry, some of the area's 14,000 casino workers are growing anxious about the future.
Harrah's Plans Temporary Mississippi Casino
6 Sep 2005
Harrah's Entertainment's top executive is recommending the Mississippi government allow the company to build a temporary casino on land to replace its Grand Casino Biloxi riverboat, which was hurled ashore and destroyed in Hurricane Katrina.
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