Caesars Entertainment

Caesars Entertainment, Inc. is a Las Vegas, Nevada based business that was the largest owner, operator and developer of hotels and casinos throughout the world. Now a wholly owned subsidary of Harrah's Entertainment it was originally part of the Hilton Hotels chain and was spun off from Hilton in 2000, taking the name Park Place Entertainment. In September 2003 at the annual shareholder meeting a resolution to change the name of the company to Caesars Entertainment was approved and on January 6, 2004 the name change officially took effect. The primary reason for the name change was that management felt that it would help the company to capitalize on the Caesars brand name.

Related Topics:
Las Vegas, Nevada - Hotel - Casino - Harrah's Entertainment - Hilton Hotels - 2000 - Park Place Entertainment - 2003 - Shareholder - January 6 - 2004

~ ~ ~ ~ ~ ~ ~ ~ ~ ~