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In October 1991, Promus announced that it would end its franchise agreement with Holiday Inn and rename the Las Vegas property under its Harrah's brand. [41] [42] [43] The name change was finalized in April 1992. [44] [45] [46] An early morning robbery occurred in April 1994, when four young men entered Harrah's and robbed the casino cage at ...
On June 18, 2004, Caesars sold the Las Vegas Hilton hotel-casino to Colony Capital for $280 million. A Caesars spokesperson stated that the sale would help the company focus on its major casinos on the Las Vegas Strip. [21] On July 14, 2004, Harrah's Entertainment agreed to purchase Caesars Entertainment for over $5 billion. The acquisition was ...
The acquisition increased Harrah's portfolio to 40 casinos, plus four cruise ship casinos. [45] The deal furthered Harrah's goal of gaining a larger presence on the Las Vegas Strip, where Caesars owned four casinos, [46] and improved its ability to market to high rollers. [47]
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Hotel and casino loyalty rewards records may include those of Caesars Palace, The Cromwell, The Flamingo, The Horseshoe, The LINQ Hotel & Casino, Paris Las Vegas, Planet Hollywood Resort & Casino, Harrah's Las Vegas, and the Rio All-Suite Hotel & Casino. [57] The same cyberattack group targeted the MGM Grand Las Vegas later that month. [54]
Caesars Entertainment, the second-biggest Las Vegas casino operator by number of employees, said the deal provides "meaningful wage increases" and aligns with plans to bring more union jobs to the ...
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