Harrah's Entertainment, Inc.

News and overview for Harrah's Entertainment, Inc.

Harrah's Entertainment Announces Oversubscription of Private Exchange Offers [Press Release]
PRNewswire | 22 hours 28 minutes ago
LAS VEGAS, Dec. 1 /PRNewswire/ -- Harrah's Entertainment, Inc. ("Harrah's") announced today that its direct wholly-owned subsidiary, Harrah's Operating Company, Inc. ("HOC"), is extending to 5:00 p.m., New York City time, on December 5, 2008, the Early Tender Date (as defined in HOC's confidential offering memorandum, dated November 14, 2008, the "Offering Memorandum") for all Old Notes (as defined below) maturing between 2010 and 2013 ("Priority 1 Notes"), in its private exchange offers ...


Harrah's Leverages Force.com Platform to Build Custom Applications for Managing Room Reservations, Air Travel Programs and Player Relations [Press Release]
PRNewswire | 7 days 19 hours 28 minutes ago
SAN FRANCISCO, Nov. 24 /PRNewswire-FirstCall/ -- Salesforce.com


Harrah's Entertainment Announces Private Exchange Offers of Harrah's Operating Company Debt Securities for New Second Lien Notes [Press Release]
PRNewswire | 17 days 6 hours 16 minutes ago
LAS VEGAS, Nov. 14 /PRNewswire/ -- Harrah's Entertainment, Inc. ("Harrah's") announced today that its direct wholly-owned subsidiary, Harrah's Operating Company, Inc. ("HOC"), is commencing private exchange offers (the "Exchange Offers") to exchange certain of its outstanding debt securities referenced below (collectively, the "Old Notes") for up to $2.1 billion aggregate principal amount (subject to increase or decrease by HOC in its discretion, the "Maximum Exchange Amount") of (i) new ...


/FIRST AND FINAL ADD -- LAF506 -- Harrah's Entertainment, Inc. Earnings/ [Press Release]
PRNewswire | 24 days 20 hours 27 minutes ago
HARRAH'S ENTERTAINMENT, INC. SUPPLEMENTAL INFORMATION RECONCILIATION OF EBITDA TO ADJUSTED EBITDA (UNAUDITED)


Harrah's Entertainment Reports 2008 Third-Quarter Global Results [Press Release]
PRNewswire | 24 days 20 hours 28 minutes ago
LAS VEGAS, Nov. 7 /PRNewswire/ -- Harrah's Entertainment, Inc. today reported the following financial results for the 2008 third quarter and first nine months:


Harrah's Entertainment Sets Conference Call to Discuss 2008 Third-Quarter Results [Press Release]
PRNewswire | 34 days 15 hours 3 minutes ago
LAS VEGAS, Oct. 28 /PRNewswire/ -- Harrah's Entertainment, Inc. will host a conference call Friday, November 7, 2008, at 8 a.m. Pacific Time to discuss its 2008 third-quarter results.


Lou Ruvo Brain Institute Honors Harrah's Executive Marybel Batjer [Press Release]
PRNewswire | 39 days 17 hours 27 minutes ago
LAS VEGAS, Oct. 23 /PRNewswire/ -- The Lou Ruvo Brain Institute (LRBI) honored Marybel Batjer, vice president of public policy and communications for Harrah's Entertainment, Inc., during the "New Thinking About Thinking" celebration last week at Wynn Las Vegas.


Harrah's Entertainment Expands Casino Industry's Award-Winning Customer Loyalty Program [Press Release]
PRNewswire | 66 days 20 hours 27 minutes ago
LAS VEGAS, Sept. 26 /PRNewswire/ -- Harrah's Entertainment, Inc. has launched the third generation of its award-winning Total Rewards customer loyalty program. The new, expanded Total Rewards will offer its members the ability to earn Reward Credits and Tier Credits for nearly all of their entertainment expenditures at participating venues, including dining, live entertainment, golf, spa and retail outlets.


Black Friday Specials at The Pier! [Press Release]
PRNewswire | 12 days 12 hours 11 minutes ago
ATLANTIC CITY, N.J., Nov. 19 /PRNewswire/ -- The Pier Shops at Caesars is partnering with Harrah's Entertainment to offer Caesars Passport to Indulgence to Total Rewards members! This passport allows exclusive access to The Pier Shops for an hour of private shopping before the center opens to the general public from November 28th-30th. Shoppers will also enjoy special discounts throughout the weekend from many of The Pier Shops diverse collection of retailers and restaurants including: S...


Harrah's Entertainment Executive to Present at 16th Annual Deutsche Bank Leveraged Finance Conference [Press Release]
PRNewswire | 69 days 16 hours 19 minutes ago
LAS VEGAS, Sept. 23 /PRNewswire/ -- Harrah's Entertainment, Inc. Senior Vice President and Chief Financial Officer Jonathan S. Halkyard will speak at the 16th Annual Deutsche Bank Leveraged Finance Conference September 25 in Scottsdale, Arizona. The presentation can be accessed after 5 p.m. Pacific Daylight Time September 25 in the Investor Relations section of


Las Vegas' Nathan Adelson Hospice is Going Green for Make a Difference Day [Press Release]
PRNewswire | 39 days 10 hours 58 minutes ago
LAS VEGAS, Oct. 23 /PRNewswire/ -- Nathan Adelson Hospice, Southern Nevada's largest non-profit hospice care provider, is undergoing green upgrades on Nevada's Make a Difference Day, Saturday, October 25th.


Allegiant and Harrah's Extend Agreement for Charter Air Service Operations [Press Release]
PRNewswire | 25 days 18 hours 58 minutes ago
LAS VEGAS, Nov. 6 /PRNewswire-FirstCall/ -- Allegiant Air, LLC, a wholly owned subsidiary of Allegiant Travel Company


Harrah's Entertainment Names October Women's Leadership Month [Press Release]
PRNewswire | 48 days 10 hours 5 minutes ago
LAS VEGAS, Oct. 14 /PRNewswire/ -- Harrah's Entertainment, Inc. has named October "Women's Leadership Month" in recognition of the contributions women make to their communities.


The Cultural Diversity Foundation Honors Diversity Champion Tony Gladney With the Golden Hand Service Award [Press Release]
PRNewswire | 38 days 20 hours 28 minutes ago
LAS VEGAS, Oct. 24 /PRNewswire/ -- The Cultural Diversity Foundation honored Tony Gladney, Vice President of Corporate Diversity of Harrah's Entertainment with a "Golden Hand Service Award" Thursday at Nevada Partners Culinary Training Academy.





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Company Overview


Company: Harrah's Entertainment, Inc.
Industry: Gambling Resorts & Casinos
Website: http://www.harrahs.com

Harrah's Entertainment likes to spread its bets. The world's largest gaming company, Harrah's owns, operates, and/or manages about 50 casinos (under such names as Bally's, Caesars, Harrah's, Horseshoe, and Rio), primarily in the US and the UK. Operations include casino hotels, dockside and riverboat casinos, and Native American gaming establishments. Harrah's acquired rival Caesars Entertainment for $9.4 billion in cash, stock, and debt. The deal cemented Harrah's as the world's #1 gaming company, jumping over the merged MGM MIRAGE/Mandalay combination. To appease regulators, Harrah's sold its Harrah's Tunica and East Chicago casinos to Colony Capital. The firm is owned by Apollo Advisors and TPG Capital.


Key Numbers

Sales in U.S. Dollars (mil.) 10,825.2 (2007)
One-year % Growth in Sales 11.9 (2007)
Net Income in U.S. Dollars (mil.) 619.4 (2007)
One-year % Growth in Net Income 15.6 (2007)
Number of Employees 87,000 (2007)
One-year % Growth in Number of Employees 2.4 (2007)
Fiscal Year-End December