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Caesars Entertainment News
FTC Clears Harrah's, Caesars Transaction
9 Jun 2005
Harrah's Entertainment, Inc. and Caesars Entertainment, Inc. have been notified by the Federal Trade Commission that the FTC has closed the investigation of the proposed acquisition by Harrah's Entertainment of Caesars Entertainment.
Sale of New Orleans Riverboat Is Complete
8 Jun 2005
Harrah's Entertainment Inc. said it has completed the sale of its Bally's Casino New Orleans to an affiliate of Columbia Sussex Corp. for about $24 million.
Gaming Attorneys Say California Ruling Won't Trigger Slew of Lawsuits
8 Jun 2005
A California Supreme Court decision allowing a class action lawsuit that alleges false advertising by Nevada casinos to proceed in a Los Angeles courtroom shouldn't lead to a rash of legal filings, gaming attorneys said Tuesday.
Harrah's Pays for West Warwick Casino Negotiator
7 Jun 2005
News Brief: Harrah's Entertainment recently committed $25,000 to pay the West Warwick's casino negotiator, signaling interest in renewing discussions of a proposed host-community agreement despite apparent setbacks in promoting its casino bill in the legislature.
Harrah's Introduces 'The Chester Challenge'
7 Jun 2005
Harrah's Entertainment, Inc. introduced ‘The Harrah's Chester Challenge,’ a community initiative designed to support the acquisition of jobs skills and training that will enable Chester residents to fully benefit from the new jobs that will be created as a result of Pennsylvania's gaming legislation.
The Future of Las Vegas: The Big Two and Then Who?
6 Jun 2005
This is the second of two stories examining how mergers are affecting competition in the gaming industry.
Harrah's-Caesars Merger: Nevada Hearings Will Wait
6 Jun 2005
Nevada's gaming regulators will have to wait a few extra days before deciding if Harrah's Entertainment can acquire Caesars Entertainment for $9.4 billion.
Harrah's Sets Tentative Date to Close on Acquisition
3 Jun 2005
arrah's Entertainment Inc. hopes to close on its $9.4 billion acquisition Caesars Entertainment Inc. on June 13, the company announced today.
World Series of Poker Begins
2 Jun 2005
Thousands of poker enthusiasts will begin descending on the Nevada desert today to
compete in the 36th annual World
Series of Poker.
Company Eyes N.J. Expansion, Revamping of Bally's Las Vegas
31 May 2005
Harrah's Entertainment Inc. may expand its two Atlantic City resorts and renovate Bally's Las Vegas to take advantage of growing demand in both markets.
West Warwick Official Opposes Casino Agreement
31 May 2005
News Brief: Breaking with fellow casino supporters, Town Councilman John J. Flynn is opposing plans to restart negotiations with Harrah's Entertainment on a host-community agreement.
Shuffle and Deal: Series returns
31 May 2005
The World Series of Poker is changing, and Harrah's Entertainment knows the poker world is watching
Failed Deal Spurs Lawsuit
25 May 2005
A San Diego Indian tribe has sued Caesars Entertainment Inc. and Harrah's Entertainment Inc. for breach of contract, saying Caesars abandoned an agreement to develop a major casino for the tribe.
West Warwick Council Find New Negotiator
25 May 2005
News Brief: The West Warwick council voted, 4-1, to replace William A. Poore, of Poore & Rosenbaum, with Lynch & Friel, a Warwick law firm, to represent the town in negotiations with Harrah’s.
Rhode Island Casino Chances Dimming
25 May 2005
News Brief: The chances of a special-election vote this year on the proposed Harrah's-Narragansett Indian casino grew dimmer yesterday when the Rhode Island Supreme Court said it would not consider the constitutionality of the proposal until mid-August.
Gambling Companies Dividends Increase
24 May 2005
News Brief: Gambling companies are increasingly handing out quarterly jackpots to loyal shareholders in the form of old-fashioned dividends.
Harrah's Acquisition of Caesars Advances with N.J. Approval
24 May 2005
Harrah's Entertainment Inc. expects to complete its acquisition of Caesars Entertainment Inc. on or about June 13 should the deal be approved by the Federal Trade Commission and Nevada regulators as expected, both companies said today.
West Warwick Council Fired Casino Negotiator
24 May 2005
News Brief: The West Warwick Town Council has fired its chief negotiator with Harrah's Entertainment, just days before it hoped to restart talks with the company over its proposed casino venture.
Company to Refinance Debt
24 May 2005
Harrah's Entertainment Inc. on Friday announced the sale of $750 million in 5.625 percent interest-rate notes due 2015.
Harrah's Illinois Construction to Begin
19 May 2005
News Brief: Construction is expected to begin next week on Harrah's Metropolis Casino's $62 million hotel and entertainment complex, officials said.
Bartender Who Wouldn't Wear Makeup Gets New Hearing
16 May 2005
Months after throwing out the case, a federal appeals court on Friday said it will rehear a sex-discrimination lawsuit filed by a female casino bartender who was fired for refusing to wear makeup.
GTECH and Harrah's Enter into Strategic Alliance
11 May 2005
GTECH Corporation and Harrah's Operating Company, Inc. have entered into a strategic relationship whereby GTECH will supply Harrah's properties with gaming machines, and the two companies will work together to develop new game content.
Harrah's Prairie Band Casino Contract Not Renewed
10 May 2005
The Prairie Band Potawatomi Nation and Harrah's Kansas Casino Corporationreports that Harrah's will not seek renewal of its management contract for Harrah's Prairie Band Casino.
Harrah's Wants to Restart Rhode Island Talks
6 May 2005
News Brief: Harrah's Entertainment has asked to restart negotiations with West Warwick, Rhode Island, on a host agreement.
East Coast Gaming Congress Honors Satre, Rubeli
4 May 2005
The East Coast Gaming Congress will present lifetime achievement
awards to former Harrah's Entertainment Chairman and CEO Philip G. Satre, and former Aztar Chairman and CEO Paul E. Rubeli.
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