Who Owns Harrah’s Casinos?
Harrah’s Entertainment, Inc. is a leading global hospitality and gaming company. The company owns and operates casinos, hotels, and other gaming and entertainment properties in the United States, Canada, and the United Kingdom. Harrah’s is also a major supplier of casino equipment and services.
Who Owns Harrah’s Today?
Harrah’s is currently owned by Caesars Entertainment Corporation. Caesars acquired Harrah’s in 2010 in a deal worth $27.9 billion. The acquisition made Caesars the largest casino company in the world.
History of Harrah’s
Harrah’s was founded in 1937 by William Harrah. Harrah opened his first casino in Reno, Nevada. The casino was a success, and Harrah quickly expanded his business to other cities in Nevada. In 1971, Harrah’s went public. The company continued to grow throughout the 1970s and 1980s. In 1995, Harrah’s acquired Caesars Palace, one of the most famous casinos in the world.
In 2007, Harrah’s was acquired by Apollo Global Management and Texas Pacific Group in a deal worth $27.8 billion. The company was taken private. In 2010, Caesars Entertainment Corporation acquired Harrah’s in a deal worth $27.9 billion.
Harrah’s Casinos
Harrah’s owns and operates casinos in the United States, Canada, and the United Kingdom. The company’s casinos include:
- Harrah’s Las Vegas
- Harrah’s Atlantic City
- Harrah’s Cherokee
- Harrah’s New Orleans
- Harrah’s Reno
- Harrah’s London
Harrah’s Hotels
Harrah’s also owns and operates hotels in the United States, Canada, and the United Kingdom. The company’s hotels include:
- Harrah’s Las Vegas Hotel and Casino
- Harrah’s Atlantic City Hotel and Casino
- Harrah’s Cherokee Hotel and Casino
- Harrah’s New Orleans Hotel and Casino
- Harrah’s Reno Hotel and Casino
- Harrah’s London Hotel and Casino
Harrah’s Gaming and Entertainment
In addition to its casinos and hotels, Harrah’s also owns and operates a number of other gaming and entertainment properties. These properties include:
- Harrah’s Entertainment Center
- Harrah’s Racetrack
- Harrah’s Bowling Center
- Harrah’s Spa
- Harrah’s Gift Shop
Harrah’s Corporate Headquarters
Harrah’s corporate headquarters are located in Las Vegas, Nevada. The company employs over 50,000 people worldwide.
Harrah’s Financials
Harrah’s is a publicly traded company. The company’s stock is listed on the New York Stock Exchange under the symbol “CZR.” Harrah’s reported revenue of $9.6 billion in 2021. The company’s net income was $2.1 billion in 2021.
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