Harrah's is the world's largest gaming company, operating hotels, casinos, and golf courses under a variety of different names. Some of Harrah's most well known and visited locations include Harrah's Las Vegas, Harrah's Atlantic City, Bally's Las Vegas, and Caesars Palace. Founded as a small bingo parlor in Reno, Nevada in 1937, the company has grown to encompass some of the largest brands in the gaming business, including Caesar's, Bally's, Grand Casino, and Horseshoe.
Key Dates
- 1937: Company founded in Reno, Nevada as bingo parlor
- 1971: Company goes public
- 1978: William F. Harrah dies
- 1980: Holiday Inns, Inc. acquires Harrah's
- 1991: Company HQ moved to Memphis, Tennessee from Reno
- 1995: Company renamed Harrah's Entertainment
- 1999: Company HQ moved to Las Vegas
- 2005: Harrah's completes takeover of Caesar's Entertainment
- 2008: Private equity firm Hamlet Holdings completes leveraged buyout of Harrah's; delisted from NYSE
Harrah's Competitors
Boyd Gaming Corp: Official Site | Wikipedia
MGM Mirage: Official Site | Wikipedia
Trump Entertainment Resorts Inc: Official Site | Wikipedia
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References
Fast Facts
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Annual revenue (2007)
$9.7 billion
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Founder
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Year Established
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Industry
Entertainment and Hospitality
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HQ
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Chairman
