Harrah's Entertainment, Inc.

1 Caesars Palace Dr.
Las Vegas, NV 89109 (Map)
Phone: 702-407-6000
Fax: 702-407-6037
http://www.harrahs.com

Hoover's coverage by Amy Schein

Overview

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.

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Key Numbers from Hoover's UK

Key financials for Harrah's Entertainment, Inc.

Company Type Private
Fiscal Year-End December
2007 Sales (mil.) £5,420.2
2007 Net Income (mil.) £310.1
2007 Employees 87,000
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Key People from Hoover's UK

Key people and executives for Harrah's Entertainment, Inc.

Chairman, President, and CEO Gary W. Loveman
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SVP, CFO, Treasurer, and Interim Chief Accounting Officer Jonathan S. Halkyard
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SVP and Chief Marketing Officer David W. Norton
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Top Competitors from Hoover's UK

Top competitors of Harrah's Entertainment, Inc.

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Subsidiaries/Affiliates Covered By Hoover's UK

Subsidiaries/affiliates of Harrah's Entertainment, Inc.

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Rankings from Hoover's UK

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