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Caesars Entertainment News
Satre Regarded as Top Exec
21 Oct 2004
The announcement Phil Satre will retire as chairman of Harrah's Entertainment closes out a distinguished and colorful career in the gaming industry.
Harrah's Entertainment Reports Record Q3 Results
20 Oct 2004
Harrah's Entertainment has reported record Q3 revenues of $1.31 billion, up 25.5 percent from revenues of $1.04 billion in the Q3 2003.
Harrah's Declares Quarterly Cash Dividend
20 Oct 2004
The board of directors of Harrah's Entertainment, Inc. have declared a regular quarterly cash dividend of 33 cents per share, payable November 24, 2004, to shareholders of record as of the close of business on November 10, 2004.
Philip Satre to Retire as Harrah's Chairman
20 Oct 2004
Philip Satre will retire as chairman of Harrah's Entertainment, Inc. Gary Loveman will succeed Satre as chairman, while retaining his positions as president and chief executive officer.
Session Doesn't Change Atlantic City Strike Impasse
18 Oct 2004
A much-anticipated bargaining session in the Atlantic City casino workers strike failed to produce results Friday when company representatives refused to disclose their authority in settling the 15-day walkout.
Demonstration at Harrah's Headquarters
15 Oct 2004
Culinary members were forcibly removed from Harrah's corporate parking lot when they tried to deliver a petition demanding the company refrain from hiring permanent replacement workers during the Atlantic City strike.
Study: Massachusetts Losing Millions of Gambling Dollars
15 Oct 2004
News Brief: A recent study funded by Harrah’s claims that Massachusetts communities lost millions of dollars in revenue when local gamblers took their money to casinos in Rhode Island and Connecticut.
Colony Capital to Rebrand Harrah's Properties
15 Oct 2004
News Brief: Colony Capital, which purchased Harrah's Tunica and Bally's Tunica as part of a $1.24 billion deal, will rebrand Harrah's as Resorts Tunica to reflect its flagship Resorts International casino in Atlantic City.
Jack Binion to Host World Series of Poker Tournament
15 Oct 2004
Jack Binion, the original host of the first World Series of Poker at the Horseshoe Casino, is returning to serve as host of the 2005 World Series of Poker.
Harrah's Releases Nationwide Gamblers Poll
14 Oct 2004
More than 53 million American adults - 26 percent of those 21 and older - made 310 million casino visits in 2003, according to ‘Profile of the American Casino Gambler: Harrah's Survey 2004.’
Street Seen As Reassured About Harrah's-Caesars Deal
13 Oct 2004
Strong arguments by Harrah's executives have helped persuade Wall Street that its $9.4 billion plan to buy Caesars Entertainment makes strategic sense, analysts said Friday.
Merger Mania in the Casino Industry
12 Oct 2004
John Grochowski: Merger mania has been the norm in the casino industry for years, as we've
seen more and more casinos in the hands of fewer and fewer companies.
Taxes Irk Casino Execs
7 Oct 2004
Casino executives expressed frustration and concerns over some states’ casino taxes while speaking the Global Gaming Expo.
Execs Expect Merger to Proceed
7 Oct 2004
News Brief: Executives behind the planned Mandalay Resort-MGM Mirage and Caesars Entertainment-Harrah's mergers say that the proposed takeovers are unlikely to face deal-stopping regulatory resistance.
Harrah's Atlantic City Casinos Remain Open
1 Oct 2004
Harrah's Entertainment’s two Atlantic City hotel-casinos will remain open while the company continues negotiating with leaders of a union local whose members began a walkout early today.
Atlantic City Union Rejects Caesars, Harrah's Offer
29 Sep 2004
News Brief: Five more casinos edged closer to a strike Tuesday after members of Local 54 of Unite Here unanimously rejected a final five-year contract offer from Harrah's Entertainment Inc. and Caesars Entertainment Inc.
Harrah's to Meet Rhode Island Legislators
28 Sep 2004
News Brief: Harrah's Entertainment CEO Gary W. Loveman announced plans to meet with Rhode Island legislators after the election on plans for a West Warwick casino.
Harrah's, Caesars Sells Casinos to Colony Capital
27 Sep 2004
Harrah's Entertainment, Inc. and Caesars Entertainment, Inc. have signed a definitive agreement to sell four casinos to an affiliate of Colony Capital, LLC.
Harrah's Entertainment Makes InformationWeek 500 List
24 Sep 2004
arrah's Entertainment, Inc. was ranked No. 15 in CMP Media LLC's InformationWeek 500, an annual listing of the nation's most innovative users of information technology.
Woman Wins World Series of Poker Tournament
22 Sep 2004
Annie Duke, mother of four, reigns as the world's best poker player by winning the first-ever World Series of Poker
Tournament of Champions and its $2 million prize.
Harrah's Launches New 'Set for Life' Promotion
22 Sep 2004
Set for Life, Harrah's newest customer promotion, will award gambling patrons with a variety of prizes, including an annual $100,000 cash infusion for life.
Poker's Popularity: Raising the Stakes
21 Sep 2004
Harrah's Entertainment and ESPN say they'll capitalize on poker's best-known event by beginning a series of high-profile tournaments across the country next year.
Harrah's, ESPN Create Poker Circuit
21 Sep 2004
News Brief: Harrah's Entertainment Inc. and ESPN are aiming to capitalize on poker's best-known event by beginning a series of high-profile tournaments across the country next year.
Harrah's, ESPN Set to Crown Poker's Top Player
20 Sep 2004
Ten poker legends gathered at the Rio All-Suite Hotel & Casino in Las Vegas and squared off in the 1st annual World Series of Poker Tournament of Champions.
Harrah's Announces Exchange Offer for Notes
17 Sep 2004
Harrah's Operating Company, Inc.reports an offer to exchange any and all of its outstanding $750 million of unsecured 5.50% Senior Notes due 2010 (the "old notes") issued in a private-placement sale in June 2004.
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