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Caesars Entertainment, Inc. is a Las Vegas, Nevada based business that is the largest owner, operator and developer of hotels and casinos throughout the world. Originally part of the Hilton Hotels chain it was spun off from Hilton in 2000, taking the name Park Place Entertainment. In September 2003 at the annual shareholders 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.

1 Corporate and investment history

Executive officers:

Stephen E. Bollenbach, Chairman of the Board
Wallace R. Barr, President and Chief Executive Officer
Harry C. Hagerty, Executive Vice President and Chief Financial Officer
Bernard E. DeLury Jr., Senior Vice President, Secretary and General Counsel

All of the previous and succeeding company's common stock was/is traded on the New York Stock Exchange.

??? to 1994 Bally Manufacturing Corporation (Ticker Symbol Unknown)
1994 to 1996 Company named changed to Bally Entertainment Corporation (Ticker Symbol Unknown)
1996 to 1998 Company purchased by Hilton Corporation. All common shares are privately held.
1998 to 2003 Spun off from Hilton. Name change to Park Place Entertainment. Common shares traded under Ticker Symbol PPE
2004 to Present Company named changed to Caesars Entertainment, Common shares traded under the Ticker Symbol CZR

On June 18, 2004, following approval by the Nevada Gaming Commission , Caesars completed the sale of 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.

On July 14July 14 is the 195th day (196th in leap years) of the year in the Gregorian Calendar, with 170 days remaining. Events 1223 In France, Louis VIII becomes King of France upon the death of his father, Philip II of France. 1789 French Revolution: Citizens of, 2004 Harrah's Entertainment agreed to purchase Caesars Entertainment for more than $5 billion subject to regulatory approvals. Regulators may require the new company to dispose of several properties, possibly in Louisiana, Mississippi, Nevada and/or New Jersey.

2 Properties

3 The other Caesars

Caesars Entertainment is also the name of a Bangkok, Thailand brothel who is being sued by the US company for trademark infringement, on the grounds that the Bangkok Caesars is trying to capitalize on a trademark which they neither own nor are legally licensed to use.

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Topics: Caesars Entertainment, Corporate And Investment History...

Caesars EntertainmentCaesars Entertainment, Inc. is a Las Vegas, Nevada based business that is the largest owner, operator and developer of hotels and casinos throughout the world. Originally part of the Hilton Hotels chain it was spun off from Hilton in 2000, taking the name

Caesars PalaceThe Caesars Palace is a hotel and casino in Las Vegas, Nevada. It is a member of the Caesars Corporation; arguably, the corporation's most well known property. Caesars Palace has sister hotels in Lake Tahoe, Nevada, Atlantic City, New Jersey and other poi

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