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The property was renamed Harrah's Las Vegas in April 1992, and Promus would change its name to Harrah's Entertainment in 1995, before ultimately becoming Caesars Entertainment. The land was sold to Vici in 2017, and Caesars continues operating Harrah's Las Vegas through a 15-year leaseback agreement.
Harrah's Entertainment logo (2005–2010) Caesars Entertainment logo (2010–2020) On November 23, 2010, plans for an IPO were canceled, but a planned name change from Harrah's Entertainment to Caesars Entertainment Corporation did go forward and was made official on the same day. This change was intended to capitalize on the international name ...
Harrah's considered numerous options for the Bally's property, including the possibility of renovating or renaming it. Another option was to demolish it to build a Horseshoe-branded hotel; [97] [98] [99] the company had acquired the Horseshoe name in 2004, after purchasing the Binion's Horseshoe casino in downtown Las Vegas. [100]
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Gary William Loveman (born April 12, 1960) is an American economist, businessman, and former academic professor. [1] After nine years [2] on the faculty of Harvard Business School, [3] [4] [5] he left in 1998 to become COO of Harrah's Entertainment, which, following a number of acquisitions, became Caesars Entertainment. [6]
Analysts considered Harrah's Entertainment as a likely buyer for the Imperial Palace, given that the company's Harrah's Las Vegas resort was located on adjacent property. [62] Engelstad died of lung cancer in November 2002. At the time, the Imperial Palace was the second-largest privately owned hotel in the world, behind the Venetian resort in ...
Binion's reopened in April 2004, with MTR operating the hotel and Harrah's operating the casino, while MTR completed the process of acquiring a gaming license. Harrah's operated the casino under a temporary contract until March 11, 2005, when MTR took over and renamed the property Binion's Gambling Hall and Hotel. [citation needed]
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