Caesars Entertainment Corporation Timeline
Bill Harrah opens his first bingo parlor in Reno, Nevada.
Harrah's purchases several clubs at Lake Tahoe in Stateline, Nevada, beginning what would become today's Harrah's Lake Tahoe.
Harrah's begins expansion of Lake Tahoe facility, including the world-famous South Shore Room.
Headliner Room opens at Harrah's Reno.
USA amateur boxing team faces the USSR at Caesars Palace, forever linking Caesars with boxing.
Boxing champion Joe Lewis becomes a celebrity host at Caesars Palace Las Vegas.
Harrah's begins public trading with issue of 450,000 over-the-counter shares.
Harrah's is listed on the American Stock Exchange.
Harrah's becomes first casino company listed on the New York Stock Exchange.
Harrah's founder William F. Harrah dies.
Holiday Inns, Inc. acquires Harrah's hotel casino company.
Jay Sarno, Las Vegas business entrepreneur and creator of the world-famous Caesars Palace, dies.
Bill's Casino opens in Lake Tahoe, Nevada, next door to Harrah's.
Harrah's Laughlin opens.
Holiday stockholders approve transfer of Holiday Inn hotel business to Bass PLC and the spin-off of Holiday Corporation's remaining brands (Harrah's, Embassy Suites, Hampton Inn, Homewood Suites) and assets into The Promus Companies.
The Promus Companies Incorporated common stock begins trading on the New York Stock Exchange under the ticker symbol PRI.
Conversion of Holiday Casino in Las Vegas to Harrah's Las Vegas completed.
Harrah's Joliet opens, the company’s first river boat casino development.
Harrah's Vicksburg and Harrah's Tunica open.
Harrah's Shreveport opens.
Philip G. Satre is named chief executive officer.
Harrah's North Kansas City opens.
Harrah's Ak-Chin casino opens near Phoenix. It is the first Indian gaming operation for Harrah's.
Harrah’s brands and assets spin off from Promus and become Harrah's Entertainment, Inc., returning the Harrah's name to the New York Stock Exchange for the first time since 1980. Harrah's stock symbol is HET.
Harrah's St. Louis opens in Maryland Heights, Missouri.
Harrah's launches Total Gold, the industry's first fully-integrated national player rewards and recognition program that seamlessly connects player activity among all properties in the Harrah's brand.
Harrah's Cherokee opens at the foot of the Great Smoky Mountains in North Carolina.
Harrah's Prairie Band opens in the Kansas heartland, approximately 15 miles north of Topeka.
Harrah's completes its acquisition of Showboat, Inc.
Hilton Hotels Corp. spins off its gaming businesses into Park Place Entertainment, the parent company that will later become, Caesars Entertainment.
Harrah's and Rio Hotel & Casino, Inc. complete merger.
Harrah's purchases Players International, Inc.
Total Gold becomes Total Rewards, the first tiered customer loyalty program in the history of the gaming industry.
The Harrah's Code of Commitment is introduced. With the Code, Harrah's makes a public pledge to its guests, employees and communities to honor the trust they have placed in the company. The Code includes a commitment by Harrah's to promote responsible gaming, continuing the company's legacy as a leader in this area.
Harrah's completes the purchase of Harveys Casino Resorts. The purchase adds four properties to the Harrah's portfolio.
Harrah's becomes a prime national sponsor of the Meals on Wheels Association of America (MOWAA). Harrah’s will later become the largest corporate donor to MOWAA.
Harrah's Rincon Casino and Resort opens its doors near San Diego, California. The resort is owned by the Rincon San Luiseño Band of Mission Indians.
Harrah's completes its acquisition of JCC Holding Co., the owner of Harrah's New Orleans.
Gary Loveman becomes Chief Executive Officer of Harrah's Entertainment. He succeeds Phil Satre, who retires after 10 years as CEO, but remains Chairman of the Board.
Celine Dion’s “…A New Day” opens in the Colosseum at Caesars Palace, launching the return of A-list entertainment to the Las Vegas Strip.
Harrah’s Louisiana Downs, a thoroughbred racetrack and casino in Bossier City, opens.
Harrah’s Entertainment announces its first cash dividend.
Harrah’s acquires the rights to the World Series of Poker.
The first World Series of Poker under Harrah’s is a record breaker; more than $41 million in prize money is awarded, more than double the amount awarded in 2003. More than 12,000 players participate in the 2004 tournament’s 33 events.
Harrah’s becomes the largest gaming company in the world upon the acquisition of Horseshoe Gaming Holding Corp. The purchase gives Harrah's control of Horseshoe casinos in Hammond, Ind., Bossier City, La., and Tunica, Miss.
Harrah’s completes a $168 million expansion of Harrah’s Rincon.
Harrah’s Entertainment completes its $9.3 billion acquisition of Caesars Entertainment, Inc., the largest merger in the history of the gaming industry.
Hurricane Katrina severely damages Grand Casino Biloxi, Grand Casino Gulfport and Harrah’s New Orleans, forcing the closure of all three properties. In the weeks that follow, Harrah’s launches a sweeping recovery effort to assist the 8,000 employees affected by the storm, including extending base pay for 90 days, opening several assistance centers in the region, and seeding a relief fund with a contribution of $1 million from the Harrah’s Foundation. More than $6.5 million in contributions are made to the fund by the company, employees and outside parties.
Hurricane Rita destroys Harrah’s Lake Charles. Relief efforts aimed at Katrina victims are extended to more than 1,000 employees impacted by the storm.
For the fifth consecutive year, Harrah’s Entertainment is included in the Dow Jones Sustainability World Index, a listing of the world’s leading socially responsible companies. Harrah’s is the only U.S. gaming or lodging company on the index of more than 300 companies from 24 countries, selected for their economic, social and environmental performance.
Gary Loveman is named “Best CEO” in the gaming and lodging industry by Institutional Investor magazine for the fourth straight year.
Harrah’s acquires the Imperial Palace Hotel & Casino in Las Vegas.
Six months after Hurricane Katrina struck, Harrah’s New Orleans re-opens to the public.
Institutional Investor magazine names Harrah’s “America’s Most Shareholder Friendly Company” in the gaming and lodging industry.
Harrah's acquires London Clubs International Limited for $568 million.
Harrah's Chester opens near Philadelphia, Pennsylvania.
Harrah's acquires the Barbary Coast and renames the casino Bill's Gamblin' Hall & Saloon in recognition of Harrah's founder Bill Harrah.
Harrah's opens a major expansion and spa at Harrah's Atlantic City.
BusinessWeek names Harrah's Entertainment Most Generous Company (by pre-tax profit).
Private equity firms Texas Pacific and Apollo Management take Harrah's Entertainment private via a leveraged buyout.
Casino Windsor in Windsor, Ontario is rebranded and reopened as Caesars Windsor.
Caesars Palace expands its convention area, unveiling 110,000 square feet of LEED-certified meeting space.
Caesars Indiana becomes Horseshoe Indiana.
Horseshoe Hammond reopens, becoming Chicagoland’s largest gaming destination.
Harrah's Entertainment becomes a founding member of Team Earth.
Harrah's acquires Planet Hollywood Casino and Resort in Las Vegas.
Harrah's Entertainment's Bally's and Paris Las Vegas resorts win the EPA WasteWise New Partner Award.
Harrah’s Entertainment becomes Caesars Entertainment Corporation.