BUSINESS

Harrah’s could go public (again) in 3-5 years: CEO

TAGs: Calvin Ayre, Gary Loveman, Harrah's Entertainment

HarrahsWifeHaving been taken off the market by a couple of private equity firms just two years ago, Harrah’s Entertainment may be headed back down the publicly-held highway, according to CEO Gary Loveman. The timing would depend on the realization of certain developments, such as an economic recovery, the legalization of online poker in the US and the sudden appearance of herds of unicorns thundering down Wall Street (okay, we made up that last one). Presumably, if one asked Calvin Ayre for his opinion (and hey, someone did), he’d say this has all the markings of a recently-divorced man suddenly getting all sentimental about his ex, and forgetting all those pesky constraints she used to impose on his lifestyle. But hey, it’s your funeral, er, wedding. Read more.

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