Harrah's Entertainment Opens Southern California's First Las Vegas-Style Casino

08.08.2003, Lesen Sie hier den Bericht über «Harrah's Entertainment Opens Southern California's First Las Vegas-Style Casino».

LAS VEGAS Harrah's Rincon Casino and Resort, the first Southern California casino operated by a major Las Vegas gaming company, opens its doors today near San Diego.

The $125 million resort, owned by the Rincon San Luiseno Band of Mission Indians, is the 26th gaming property operated by Harrah's Entertainment, Inc. (NYSE:HET - News). More than 5,000 people are expected to visit Southern California's newest gaming property on opening day. "We are honored to be partners with the Rincon Band in this exciting new resort," said Phil Satre, Chairman and Chief Executive Officer of Harrah's Entertainment. "We have been the clear leader in tribal gaming ventures with our successful resorts in Arizona, North Carolina and Kansas. We believe Harrah's Rincon will set a new standard in California for excellence in Indian gaming."

Today's opening is a milestone for the tribe, said Tribal Chairman John Currier. "This is a tremendous day for our tribe," Currier said. "After years of empty promises from other would-be partners, our vision of creating Southern California's finest gaming property has finally come to fruition. "The opening of this resort marks the beginning of a new era of economic empowerment for the Rincon people," Currier said. "I would like to thank Harrah's for delivering on its promises to us. We look forward to a rewarding relationship with Harrah's Entertainment in the years to come."

Located 25 minutes north of San Diego, Harrah's Rincon features a 201-room luxury hotel, a 45,000- square-foot casino with 1,500 slot machines and 32 table games, and six restaurants. Players at Harrah's Rincon will also be able to use Total Rewards, Harrah's Entertainment's award-winning nationwide player's card.

"With Harrah's Rincon, we are now bringing Las Vegas-style gaming directly to the most populous state in the nation," said Gary Loveman, Harrah's Entertainment's President and Chief Operating Officer. "Harrah's is already the most powerful brand in the gaming industry, and this wonderful new facility in Southern California will help solidify this position. It is another example of the value strategic expansions bring to our company, our business partners and our shareholders."

Founded more than 60 years ago, Harrah's Entertainment, Inc. operates 26 casinos in the United States, primarily under the Harrah's brand name. Harrah's Entertainment is focused on building loyalty and value with its target customers through a unique combination of great service, excellent products, unsurpassed distribution, operational excellence and technology leadership.

Über Harrah's Las Vegas Hotel and Casino:

Das Casino gehört zu Caesars Entertainment. Caesars Entertainment Inc. wurde 1937 als Harrah's gegründet und wurde 2010 in Caesars Entertainment umbenannt. Besitzer sind die Investment-Firmen Apollo Global Management, TPG Capital und The Blackstone Group.

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