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Caesars Entertainment News
Harrah's Attempt to Seize Property Postponed
18 Feb 2004
News Brief: Harrah’s attempt to seize property of a former dealer accused of stealing hundreds of thousands of dollars in gaming chips was postponed Tuesday in civil court until after her entry of a plea next week in the criminal case.
Secret Report Says Casino Would Hurt Lincoln Park, Newport
10 Feb 2004
News Brief: Stopping just short of calling each other liars, the players on two sides of the debate over a proposed Narragansett Indian casino in West Warwick are accusing each other of manipulating statistics and making misleading claims.
Aristocrat, Harrah's Face Patent Lawsuit
9 Feb 2004
An individual has filed a lawsuit in Nevada against Aristocrat, alleging its ‘Hyperlink’ branded linked jackpot games infringe on a U.S. patent. The suit also names subsidiaries of Harrah's Entertainment Inc.
Harrah's CEO's Comments Draws Criticism
5 Feb 2004
At a gaming conference, Harrah’s CEO, Gary Loveman, unwisely compared comments by Nevada Gaming Commission Chairman Peter Bernhard to those of 1950s commie-basher Sen. Joe McCarthy.
Harrah's Proposes Rhode Island Resort
5 Feb 2004
News Brief: Promising thousands of new jobs and millions in new state revenue, the Narragansett Indian Tribe and Harrah's Entertainment have announced plans for building a $500-million resort casino for West Warwick, Rhode Island.
Harrah's Gains Ground with New Jersey Governor
5 Feb 2004
News Brief: The chief executive of Harrah's Entertainment reports of an improving relationship with New Jersey Gov. James E. McGreevey.
Harrah's Launches Interactive Services in UK
5 Feb 2004
International News Brief: Harrah's has chosen the UK for the launch of its first interactive services but is taking a different approach from its competitors.
Harrah's Results Mixed
4 Feb 2004
Harrah's Entertainment reported Q4 revenues of $1.04 billion, up 3.6 percent from revenues of $1.01 billion in the Q4 2002. Q4 net income was $35.4 million, down 34.3 percent from $53.9 million in the year-ago period.
Harrah's Loveman Named Best CEO
30 Jan 2004
Gary Loveman, president and chief executive officer of Harrah's Entertainment, Inc. was named the gaming and lodging industry's 'Best CEO'in Institutional Investor magazine.
Horseshoe Woes Continue: Sources: Medical Bills Unpaid
28 Jan 2004
Hundreds of Binion's Horseshoe former workers may have to pay millions in unpaid medical bills even though the gaming company deducted medical insurance premiums from their paychecks.
Harrah's Plans to Continue Poker Series
22 Jan 2004
Harrah’s says they will continue the World Series of Poker after it has purchased Binion’s Horseshoe.
Harrah's, Horseshoe Agreement Official
22 Jan 2004
Harrah's Entertainment Inc. today said it signed a definitive agreement to purchase Binion's Horseshoe in downtown Las Vegas and is working to re-open the historic hotel-casino.
Boyd Gaming to Acquire Harrah's Shreveport for $190 Million
21 Jan 2004
Harrah's Entertainment Inc. and Boyd Gaming Corporation have signed a definitive agreement for Harrah's to sell its Shreveport hotel-casino to Boyd Gaming for $190 million.
Casino Closing: Horseshoe Employees Getting Aid
20 Jan 2004
While executives continued talks Monday to complete Harrah's $50 million deal to buy Binion's Horseshoe, more than 200 of the closed casino's workers sought assistance from Nevada Partners and the Culinary Training Academy.
The Horseshoe Closing: Blame Becky
19 Jan 2004
Becky Binion Behnen's 5 1/2-year stint as owner of Binion's Horseshoe was a disaster, industry experts agreed.
Downtown Casino: Binion's Deal Still Unsigned
19 Jan 2004
Becky Binion Behnen and Harrah's Entertainment Friday were 'making substantial progress' in negotiating a final agreement to sell the landmark downtown hotel-casino, a lawyer for Behnen said Friday.
Binion Deal Unsigned
16 Jan 2004
Sources say that the owner of Binion’s Horseshoe has failed to sign or discuss a definitive sales agreement that was delivered to her
Tuesday by prospective buyer Harrah's Entertainment.
Sale of Horseshoe May Cost Downtown
14 Jan 2004
The sale of Binion's Horseshoe could prove pivotal to positioning Harrah's Entertainment as the biggest operator in gaming but end up costing downtown Las Vegas a world famous brand and the hallmark World Series of Poker.
To The Rescue: Harrah's to Buy Horseshoe
13 Jan 2004
Three days after federal marshals closed the 52-year-old Binion's Horseshoe and seized more than a million dollars to help settle its debts, Harrah's on Monday evening announced a deal to buy the hotel-casino.
Horseshoe May be Sold to Harrah's
12 Jan 2004
Binion's Horseshoe owner Becky Behnen was in serious negotiations this morning to sell the closed downtown hotel-casino to Harrah's Entertainment Inc., sources close to the negotiations told the Las Vegas Sun.
Aristocrat Technologies, Harrah's Entertainment Sign Agreement
6 Jan 2004
Aristocrat Technologies reports an agreement with Harrah's Entertainment, Inc. to supply up to 1,000 video slot games at Harrah's 25 casinos.
Rio Makes Plans for Wheel in Sky
24 Dec 2003
The Rio Tuesday announced plans to build the world's tallest observation wheel, part of an $86 million project that it promised would change Las Vegas' skyline and bring millions of new visitors to the off-Strip property each year.
Harrah's Showing Interest in Purchasing Horseshoe Brand
22 Dec 2003
Harrah's Entertainment's interest in buying the Horseshoe brand name led to recent talks between the company and Binion's Horseshoe, Harrah's executives said Friday.
Harrah's Trying to Acquire Binion's
19 Dec 2003
ews Brief: Harrah's Entertainment is trying to acquire the Binion's Horseshoe name in Nevada, one of the best known and oldest brands in the gambling industry, a company official confirmed Thursday.
Harrah's Gives Up on Massachusetts
15 Dec 2003
ews Brief: The head of Harrah’s says he has given up for the time being on efforts to open the Bay State to Las Vegas style gambling.
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