Harrah's Entertainment, Inc. · Las Vegas, NV United States
Company Description
Phone: 702-407-6000
Fax: 702-407-6037
Rankings
- #263 in FORTUNE 500
View Harrah's Entertainment, Inc. Locations On A US Map
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This link will open in a new window 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 . To read the full description, subscribe now.
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Key Harrah's Entertainment, Inc. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| 2007 Sales (mil.) | $10,825.2 |
| 2007 Employees | 87,000 |
Harrah's Entertainment, Inc. Executives
31 executives listed for Harrah's Entertainment, Inc.'s Las Vegas, NV location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | Gary Loveman | Network |
| SVP, CFO, Treasurer, and Interim Chief Accounting Officer | Jonathan Halkyard | Network |
| SVP and CTO | Katrina Lane | Network |
Competition
Competitive Landscape for Harrah's Entertainment, Inc.
Demographics, consumer tastes, and personal income drive demand. The profitability of individual companies can vary: while QSRs rely on efficient operations and high volume sales, FSRs rely on high-margin items and effective marketing. Large companies have advantages in purchasing, finance, and marketing. Small companies can offer superior food or service. The industry is highly labor-intensive: annual revenue per worker is between $40,000 and $45,000. Restaurants compete with companies that serve meals or prepared foods, including grocery stores, warehouse clubs, delis, and convenience stores. In addition, restaurants compete with home cooking. To read the full description, subscribe now.Top Harrah's Entertainment, Inc. Competitors
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