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Harrah’s Entertainment: Q4 results and CEO’s foot fetish

TAGs: Gary Loveman, Harrah's Entertainment

HarrahsHeelsWhile 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.

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