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Harrah’s Finishes Debt Exchange Offer

Harrah’s Entertainment, the struggling casino operator, has successfully completed its exchange offer, reducing its net debt load by about $1 billion. But that amount was less than expected. Harrah’s had asked one class of bondholders of about $1.4 billion of its debt due in the next three years to accept cash or new later-maturity bonds in [...]

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Harrah's Says $6 Billion in Old Notes Tendered

Casino operator Harrah's Entertainment said about $6 billion in old notes were tendered to its $2.1 billion exchange offer that the debt-ridden company is undertaking to reduce and extend rapidly maturing debt.

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Star Trek Slot Machines Hit the Vegas Strip

Attention "Star Trek" nerds: engage at warp speed or beam yourselves to Harrah's Entertainment casinos in Las Vegas. The company is rolling out "Star Trek"-themed slot machines built by WMS...

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Wounded Warriors to be Holiday Guests of Harrah's Entertainment

Walter Reed Soldiers Visit Atlantic City ATLANTIC CITY, N.J., Dec. 10 /PRNewswire/ -- A letter from the mother of a soldier who had been wounded in the Iraq conflict and recuperating at Walter Reed Army Hospital in

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Wounded Warriors to be Holiday Guests of Harrah's Entertainment

from war injuries and wishing for the chance to take a break from their hospital routine came across the desk of the Harrah's Entertainment Atlantic City Operations community affairs department. A group named "Wounded Warriors Project" emerged as a national support team for veterans such as these soldiers recuperating at Walter Reed Army Hospital.

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Harrah's Entertainment Announces Changes to the Terms of Private Exchange Offers

LAS VEGAS, Dec. 8 /PRNewswire/ -- Harrah's Entertainment, Inc. ("Harrah's") today confirmed that, subject to the terms and conditions described in the confidential offering memorandum dated November 14, 2008 (as may be suppleme...

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Harrah's Entertainment board member retires

Harrah's Entertainment, Inc. says the vice chairman of its board of directors plans to retire Dec. 19, after about 30 years with the company. The casino operator announced Charles L. Atwood's retirement in a Thursday filing with the Securities and Exchange...

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Harrah’s Casinos to Provide TOTAL REWARDS® Players with New, Innovative STAR TREK™ Gaming Machine Experience from WMS

WAUKEGAN, Ill. & LAS VEGAS--(BUSINESS WIRE)--WMS Gaming Inc., a subsidiary of WMS Industries Inc. (NYSE:WMS), and Harrah’s Entertainment, Inc. today announced that they have entered into an agreement to deploy a

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Harrah's Entertainment Announces Oversubscription of Private Exchange Offers

HOC is pleased that the Exchange Offers are currently oversubscribed. As of 5:00 p.m., New York City time, November 28, 2008 (the "Original Early Tender Date"), approximately $4 billion principal amount, or 36% of the outstanding principal amount, of Old Notes had been validly tendered and not withdrawn in the Exchange Offers. In addition, as of the Original Early Tender Date, approximately $286 million...

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The Pier Shops "Black Friday 2008" passport to indulgence

The Pier Shops, the famous Atlantic city shopping mall, in collaboration with Harrah’s Entertainment Inc. is offering “Caesars Passport to Indulgence” to “Total Reward Members.” Using these passports, members can enjoy a private one hour shopping prior to public opening from November 28 th to November 30 th , 2008. In addition, they will get discounts in all the shops at other Pier Shops and restaurants....

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Harrah???s moving to Vegas, eliminating 310 jobs in Memphis

Harrah’s Entertainment Inc. is moving all corporate functions and its data center to Las Vegas eliminating 310 jobs in Memphis, the company announced late Wednesday in a news release.

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Despite Harrah???s withdrawal, Topeka developer still interested in Mulvane

A Topeka developer who was part of the now-defunct bid by Harrah’s Entertainment to open a $500 million casino near Mulvane says her group remains interested in a casino there.

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Financial News: Bondholders urged to take investment cut

Heavily indebted companies owned by private equity firms, including Harrah's Entertainment and Realogy, are asking their bondholders to accept a big cut in the value of their investments or risk falling behind other creditors in getting repaid.Such

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Harrah's withdrawing Kansas casino plan

TOPEKA | Harrah's Entertainment Inc. has withdrawn its application to manage a state-owned casino in Sumner County, leaving only two of the original four casino companies still in the running in Kansas.