While Harrah’s Entertainment Inc. showed improved fourth quarter numbers when compared to the same period last year, the benefit was largely due to last year’s $5.5B write-down on its intangible assets. Revenues actually fell 8% during the quarter to $2.1B. In related news, CEO Gary Loveman claims to use the height of women’s stilettos as a barometer of how well a casino is performing. Hey, whatever whips your skippy, Gary… Read more.
Caesars testing ‘casino within a casino’ to attract millennial gamblers
September 30, 2015
Caesars’ Gary Loveman stepping down as CEO; remains as chairman
February 5, 2015