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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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Address: |
1 Caesars Palace Dr.
Las Vegas, NV 89109
| | Phone: | 702-407-6000 | | Fax: | 702-407-6037 |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2007): | 10825.20 M | | Employees (2007): | 87,000 |
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Key People
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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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